Litecoins price (LTCUSD) continued to rise in recent intraday trading, supported by a short-term bullish pattern the falling wedge along with sustained movement above the 50-period simple moving average and the dominance of a primary uptrend. However, emerging bearish crossover signals from the Stochastic indicators, following extreme overbought conditions, may limit further upside momentum.

Therefore, we expect the cryptocurrencys price to rise in upcoming intraday sessions, as long as support at $108.50 holds, targeting the key resistance level at $122.30.

Expected trend for upcoming sessions: Bullish.