The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
Investing in Litecoin will never be a mistake, unless you do not need to buy at the peak. In my opinion, there is a peak right now. Then we will be able to observe the correction of the exchange rate and then you can buy yourself coins, with the condition of long-term investment.