Litecoin (LTC) has shown significant bullish momentum by surpassing the $105 resistance level. With a current price of $104.61 and a 10.38% increase in the last 24 hours, there is strong potential for further upward movement. Here are the latest insights:

Key Points

• LTC successfully breaks the $77-$79 support range, confirming a bullish trend.
• The next major hurdle is at $140.
• Positive sentiment is fueled by MimbleWimble integration and Grayscale Investments.

Revised Technical Overview

Litecoin’s breakthrough above $105 reinforces the bullish perspective. If the current momentum persists, LTC could aim for $140, representing a potential increase of more than 30%. Key support levels are situated at $77-$79 and $80 for short-term positions.

Factors Driving the Price Surge

These fundamental factors contribute to LTC's upward movement:

• MimbleWimble Integration: Enhances privacy and scalability, attracting a new wave of users and investors.
• Grayscale Investments: Institutional interest provides confidence and potential for long-term expansion.

Important Consideration

Please note that this analysis is not financial advice. Cryptocurrencies are highly volatile, and it is essential to conduct your own research and evaluate risks before making investment decisions.