Litecoin price analysis: LTC continues ascent with $190 in sight

TL;DR Breakdown Litecoin continues from strength to strength after breaking $180 barrierWith small correction expected, the new support levels could be above $175A successful close above $180 would represent significant progress towards the year-end goal of $200 Litecoin price analysis shows more greens in an eventful period for the token. After setting support levels around $162 earlier in the week, LTC has gone from strength to strength in breaking the $180-mark over the last 24 hours. The altcoin continues to trade higher than its 3 key support zones and is set for a more significant climb towards the coveted $190 figure. The cryptocurrency market was back to its bullish best yesterday, after Bitcoin rolled up near 2 percent to move above its 2-month high of $49,500. Ethereum also continued to perform well with a 0.75 percent daily increase to close just below $3,300, while Altcoins displayed mixed behavior with Cardano (ADA) and Ripple (XRP) going down approx. 2 percent each. Dogecoin (DOGE) and Solana (SOL) also depreciated, whereas Polkadot (DOT) went up by 4.5 percent and Litecoin by 0.6 percent. Litecoin Price Analysis: Cryptocurrency Heatmap. Source: Coin360 LTC/USD 24-hour chart: Bullish run to be countered by small correction? The 24-hour chart suggests some selling activity is on the cards after a bullish run propelling Litecoin back above $180 for the first time since August 13. The current 24-hour pattern sh...