Will LTC Coin Price Hit Below The Major Threshold Of $100 ?

The weekly technical chart of Litecoin suggests a consolidated trend in price and may move to a new high in the future. On coming to the daily chart, the asset is currently seeing a consolidation trend. The upside momentum of the Litecoin may face a hostile region near the value of $150. Meanwhile, on the downtrend a bounceback near the value of $90 can be seen. If the asset sees an upside trend of more than 15 to 20% then a strong momentum can be seen.
RSI( Bearish); RSI for Litecoin is currently in a weak overbought zone and is near 37. There is a weak positive slope in the RSI which suggests a strong momentum in the future. The overall sentiment of the RSI is bearish.