LTC is currently trading around $113–114 and continues to respect the long-term ascending trendline support. Price action has consistently bounced from this level, forming higher lows and maintaining bullish momentum.
The chart shows two potential scenarios:
Bullish Case (Main Scenario)
If the trendline holds, LTC could rally toward $120, with a breakout targeting $130–140 in the mid-term. This move aligns with the overall ascending channel structure and market sentiment.
Bearish Case (Alternative Scenario)
A breakdown below the $110–105 support box could open the way toward $100–95 before buyers attempt to step back in.
Key Levels to Watch
📈 Resistance: $120, $130, $140
📉 Support: $110, $105, $100
⚠️ Stop Loss Zone: Below $105
Overall, as long as LTC holds above $110, the bias remains bullish with a possible push to $140 in the coming weeks.
The chart shows two potential scenarios:
Bullish Case (Main Scenario)
If the trendline holds, LTC could rally toward $120, with a breakout targeting $130–140 in the mid-term. This move aligns with the overall ascending channel structure and market sentiment.
Bearish Case (Alternative Scenario)
A breakdown below the $110–105 support box could open the way toward $100–95 before buyers attempt to step back in.
Key Levels to Watch
📈 Resistance: $120, $130, $140
📉 Support: $110, $105, $100
⚠️ Stop Loss Zone: Below $105
Overall, as long as LTC holds above $110, the bias remains bullish with a possible push to $140 in the coming weeks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.