Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 million transactions.

These milestones currently confirm that the Litecoin network is in a healthy state, especially with the upcoming halving. These signs may also support LTC’s value and perhaps support a higher price level. Speaking of price, Litecoin delivered an overall bullish performance in January. However, it encountered resistance near the $90 price level.

LTC traded at $88 at press time and has been trading within the same range for the last few days. This confirmed that not much sell pressure was forthcoming. As a result, the price was stuck within a narrow range.