Litecoin [LTC] has been trading within a range between the $60 and $74.9 levels over the past two weeks. Momentum and volume have been in favor of the buyers, suggesting that the cryptocurrency is likely to climb towards $74 and beyond. A move beyond $82 would indicate a long-term uptrend is possible.
The Fixed Range Volume Profile shows that the Point of Control (POC) is at $65.5, with the high at $74.9. Litecoin bulls need to clear these resistance levels to signal a long-term uptrend. A move beyond the 78.6% retracement level of $82.6 would be necessary for this to happen.
