Digital silver is trying to flex its muscles in front of Bitcoin's mirror, but it just ran into a glass wall that won't let it advance. 🧱
What's up, family! We are closing the year and the market has us wide awake. I'm telling you that Litecoin (LTC) has been moving strongly, driven by the good vibes brought by the "big brother" Bitcoin, but the reality is that it is at a critical decision point. The technical analysis from CryptoWzrd tells us that, although the daily candles closed in green and with optimism, there is heavy technical resistance right at $79.60. Basically, it's the final boss that LTC has to defeat to even dream of reaching $110 or even beyond in 2026. 🚀
To put it in plain terms: the line in the sand is $80. If we manage to stay above that level, the party continues and the sentiment remains positive. But beware, the market does not forgive: if the price falls and closes below $75.20 (or worse, below $80 definitively), the movie changes to a horror one and we could see Litecoin looking for the floor at $68. 📉
As we are in the middle of the weekend, the volume of people trading decreases and that often brings misleading movements. That's why the experts' recommendation is not to jump into the void. If you are one of those who does scalping (quick trades lasting minutes or hours), this is your moment to shine, but for those of us looking for the long trend, the key is patience. It's not about guessing, but about waiting for the price to confirm whether it has the strength to break those $79.60 or if it's going to bounce downwards. 🧘♂️
At the end of the day, Litecoin remains that loyal squire that reacts to what the giant does, but it needs to prove that it has its own brilliance to consolidate this rally. Do you think LTC will break the barrier of 80 dollars before the New Year's toast is over, or will we have to wait for 2026 to bring more fuel? 🥂$LTC
