The post Litecoin and Ethereum (ETH), are trading on the upside. Meanwhile, among the altcoins, Litecoin (LTC) exhibits a daily surge of 6. 07% in market price. In the early hours, the altcoin was trading at around $99. 16. Later, with the bullish shift in the LTC market, the price jumped to a high of $113. 24. A continuous correction on the upside would trigger the bulls to gain more strength and drive the price movement upward. According to the report of CoinMarketCap data, at the time of writing, Litecoin trades at the $108 mark, with its market cap staying at $8. 26 billion. In addition, the trading volume of LTC has increased by over 43. 9%, reaching the $1. 82 billion zone. Can the Bulls Keep Litecoin’s Momentum Alive? A closer look at Litecoin’s technical indicator analysis exhibits that the MACD line being above the signal line indicates bullish momentum in the market. The price could continue moving up if the gap between the two lines widens. Besides, a 0. 05 CMF value suggests slightly positive buying pressure in the LTC market. The capital is flowing into the asset, but the strength of accumulation is not very strong, with a mild bullish sentiment rather than a strong uptrend. LTC’s daily RSI of 65. 13 implies its strong bullish momentum. If it continues to climb toward 70 or above, it might signal a potential overbought condition or a possible trend slowdown ahead. Moreover, a BBP reading of 12. 57.