Litecoin is predicted to break critical support levels to continue a downward trend in the next few days.
However, others expect the price to go as high as $128 before the end of the year. 
Litecoin (LTC) is currently trading at $71.66 after surging by 14.9% in the last three months, adding $9.33 to its previous price. With the asset expected to trade above its $80 resistance level, the general bearish run in the market took it down the price curve, falling by 2.8% in the last seven days. In the last 24 hours, Litecoin has declined by 1.88%.  
Interestingly, the question of whether Litecoin is undervalued is back in discussion, as analysts believe that the asset should be valued higher than the current price. 
Analysts first took a look at the reserve risk of the asset. According to them, it is always risky to get involved with the market when confidence gets low and the price is high. The reserve risk also showed a sign of uptick, indicating that the asset is overvalued. A renowne

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