⬤ Litecoin started gaining momentum from the 76–80 dollar support zone, marking a shift to bullish sentiment. The chart shows LTC climbing through multiple resistance levels before breaking above 105 dollars. Price has now reached the 110–112 dollar resistance block, a key level that's appeared several times on the chart. The bullish outlook stays valid as long as LTC holds above the 100-dollar support channel.
⬤ New tax policy proposals are creating uncertainty across the crypto market. Potential increases in capital gains taxes or transaction fees could squeeze exchanges and smaller infrastructure players, raising bankruptcy risks and pushing talent toward friendlier jurisdictions. For Litecoin, which relies on steady developer support and a stable ecosystem, these regulatory shifts could impact liquidity and long-term market confidence.
⬤ Market analysts note that Litecoin's move from the 76–80 dollar zone through the 105-dollar level shows growing buyer strength. The bullish case remains intact as long as the 100-dollar support holds. Traders are watching closely to see if LTC can break through the 112-dollar ceiling, especially given the combination of strong technical structure and supportive liquidity patterns—though broader regulatory challenges pose longer-term risks.
Marina Lyubimova
Marina Lyubimova