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<ul class="news-points"> 
 <li>Crypto Twitter user Shan Belew predicted that LTC would rise to $5K-$10K in a tweet today.</li> 
 <li>Belew added that LTC’s price may “level up” soon as it retests a key resistance zone.</li> 
 <li>At press time, LTC was trading at $89.94 following a 2.58% loss over the past 24 hours.</li> 
</ul> 
The crypto Twitter user and <a href="https://coinedition.com/tag/litecoin-ltc/">Litecoin (LTC)</a> enthusiast Shan Belew predicted that LTC would eventually rise to between $5K and $10K in a tweet earlier today. In the <a href="https://twitter.com/MASTERBTCLTC/status/1672746285613580290" target="_blank" rel="nofollow">post</a>, he stated that the altcoin’s price is retesting a key resistance zone at $90-$100 and is “ready to level up.” 
In his bullish <a href="https://coinedition.com/litecoin-ltc-price-prediction/">prediction for LTC</a>, Belew added that the current retest of the $90-$100 resistance zone is taking place well before the Bitcoin (BTC) halving event and the expected BTC price top in 2025. Subsequently, the crypto Twitter user predicted that LTC will most likely only reach the $5K-$10K zone when BTC reaches its top for the next bull cycle. 
At press time, LTC’s price stood at $89.94 according to CoinMarketCap. This is after it printed a 2.58% loss over the past 24 hours. Nevertheless, the altcoin’s weekly performance remained in the green at +16.74%. 
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 <img decoding="async" src="https://www.tradingview.com/x/ugLB0qnv/" alt="Daily chart for LTC/USDT">
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 Daily chart for LTC/USDT (Source: <a href="https://www.tradingview.com/x/ugLB0qnv/" target="_blank" rel="nofollow">Trading…</a>
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The post <a rel="nofollow" href="https://coinedition.com/ltc-may-soar-soon-as-it-retests-resistance-predicts-investor/">LTC May Soar Soon as It Retests Resistance, Predicts Investor</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

LTC May Soar Soon as It Retests Resistance, Predicts Investor

Coin Edition

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