Litecoin Clings To Ascending Trendline As Bulls Eye $135 Breakout
Litecoin (LTC) is showing strength as it holds onto its ascending trendline, maintaining bullish momentum. After holding above the $112–$115 demand zone, buyers continue to defend key support levels, positioning the market for further upside. With immediate targets around $120–$125, a breakout above this range could clear the path toward the highly anticipated $135 mark. Litecoin Technical Alignment Signals Strong Bullish Case In a recent X post, Alpha Crypto Signal, a cryptocurrency market analysis group, has noted that LTC is exhibiting a robust and healthy structure, indicating a....
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Just yesterday I discussed the possibility of a major breakout in Litecoin along with a price target of $1.60. The breakout did happen, and the price touched a low of $1.63 before stabilizing around $1.66. The collapse in Litecoin price happened in concurrence with the 8% crash in Bitcoin price, and with expectations of Bitcoin touching $230 rising, Litecoin may witness a more pronounced fall in the coming sessions. Analyzed above is the 240-minute LTC/USD price chart covering the period from late January to date. Chart Structure - Litecoin has broken below the support trendline (marked as....