05-01-2025 02:00 via newsbtc.com

Litecoin Sees 2M Bollinger Bands Tighten – What A Move Above $130 Will Mean For Price

Litecoin (LTC) has been experiencing a significant decrease in volatility, with a crypto analyst highlighting an unusual tightening in its bi-monthly (2M) Bollinger Bands (BB). According to an analyst, Litecoin’s current technical setup points to strong potential for a parabolic breakout, with the $130 price mark emerging as a critical resistance zone.Narrow Bollinger Bands To Trigger Litecoin Breakout
Prominent crypto analyst Tony Severino shared a price chart on X (formerly Twitter) show
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