When reviewing LTC's technical chart, a recent downward trend has been noticeable. The closest support level is at $91.86. The support range on the 4-hour chart between $97.61 and $99.07 holds significance. A support range of $92.41 - $91.07 is expected for long positions.

Medium-Term Analysis of LTC

When analyzing LTC's technical chart over the past two days, it has seen a 30% increase, offering profitable opportunities. However, Litecoin has been on a downward trajectory in the last two days.

The nearest significant support for LTC is at $91.86, as mentioned. Potential investors may consider the range between $91.86 and $88 as a mid-term evaluation zone.

If LTC reaches the support range of $91.86 - $88, its initial target could be $120. But, dropping below this support and closing below $83 on a daily basis indicates the need to terminate the transaction.

Short-Term LTC Analysis

When observing Litecoin's 4-hour technical chart, it is struggling to maintain the support range between $97.61 and $99.07. A closure below $97 could lead to a drop to the support range of $92.41 - $91.07.

For long positions aiming for $120 in LTC, the support range of $92.41 to $91.07 is crucial. Staying above $99 may propel the price towards $120. In terms of long positions, investors may either wait for the price to break the $99 support and enter at $92.41 or start at the current level of $99.88 with a target price of $120. The stop level for the current level entry is at $99.