- Litecoin still adheres to the upward trendline support, and the 112115 demand area has repeatedly taken the sell side and strengthened the bullish momentum.
- The positive momentum is subject to breakout above the 120125 resistance zone and a push towards $135, which is in line with the past swing highs in the market.
- The technical structure is a sign of concentration where the Litecoin is trading close to the 50-day EMA, and the convergence of MACD shows that the market is balanced and only direction afterwards.
Litecoin (LTC) remains buoyed above its support of the ascending trendline as it continues to consolidate within a critical demand zone just above $112–115. The daily chart shows buyers defending this level cohesively, preserving the bullish structure, despite indications of slowing momentum.
Strong Trendline Support Maintains Market Confidence
According to a recent update shared by Alpha Crypto Signal, $LTC price action respects its ascending trendline while building a bullish base. The token has continued to trade above $112, where repeated retests strengthen confidence in the current demand zone.
The $112-$115 level has provided a reliable floor for buyers over a span of time, absorbing selling pressure each time and holding further downward decline at bay. Each retest has strengthened market participation, establishing support for the next directional move.
Provided that Litecoin remains priced above $112, the bullish outlook remains in effect. Market analysts suggest continued strength, “ideal if this level could potentially add upward pressure if price were to break resistance levels.”
Resistance Zone Between 120 and 125 Holds the Key
The next decisive area for Litecoin sits between $120 and $125, where multiple rejections have occurred in recent weeks. Alpha Crypto Signal indicated that a confirmed breakout above this range could accelerate momentum toward $135 and prior swing highs.
Volume analysis shows accumulation at lower ranges, adding strength to the bullish structure. Rebounds from support have consistently been supported by consistent trading volume, suggesting the market is still building positions.
If Litecoin convincingly breaks $125 resistance, the price could potentially continue higher relative to past market peaks all while enhancing bullish conviction.This level remains the next checkpoint for traders watching the ongoing structure.
Indicators Suggest Market Equilibrium at Present Levels
Technical indicators reflect a phase of consolidation as momentum begins to slow. Price currently trades near the 50-day EMA, which is acting as a short-term reference point
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Source: TRADINGvIEW
The MACD has signal lines coming together and histogram bars have flattened, indicating market indecision. A bullish crossover from these levels may spark renewed momentum to the upside towards the $130–135 range.
Conversely, if price cannot hold above $112, the market may be exposed to $110. A confirmed breakdown below this point would invalidate the bullish setup and put trendline support at risk.
