Litecoin Analyst Sees Bullish Structure Intact And Eyes Possible $1,600 Target

Litecoin has recently experienced volatility and pullbacks, yet a crypto analyst known as The Penguin argues that LTC's broader market structure still supports a potential upside move. Based on his 4-hour and weekly charts, he suggests the final leg of Litecoin's correction may be complete and outlines upside levels around $82, above $86, and an extended target near $1,600. His view is that recent liquidity sweeps and a multi-year descending triangle breakout attempt could eventually flip Litecoin into a sustained bullish trend.