Litecoin Holds Ascending Trendline, Maintains Bullish Momentum

Litecoin (LTC) continues to demonstrate strength as it defends its ascending trendline and sustains bullish momentum. After consolidating above the $112–$115 demand zone, buyers have successfully protected critical support levels, keeping the market aligned for further upside. With immediate targets at $120–$125, a breakout above this range could open the door toward the much-anticipated $135 level.

Technical Setup Reinforces Bullish Outlook

Crypto analysis group Alpha Crypto Signal highlighted in a recent X post that LTC is maintaining a robust structure, signaling a potential long setup. The asset is holding firm above its ascending trendline while retesting the $112–$115 demand zone, where significant buying pressure has historically emerged.

The analysis emphasized the role of moving averages, noting that LTC is trading directly above the 9-day Exponential Moving Average (EMA) at $112.68 and just below the 50-day Simple Moving Average (SMA) at $115.25. Both moving averages are functioning as dynamic support, providing a solid technical base for further price action.

Key Support Levels Define Market Bias

Alpha Crypto Signal underscored that Litecoin’s bullish case remains valid as long as price action stays above the $112 threshold. This level is seen as a pivotal support line, and holding it would confirm the market’s capacity to sustain an upward trajectory toward $120–$125.

A decisive breakout beyond this resistance range could trigger a stronger rally, unlocking potential upside toward $135 and beyond. The confluence of horizontal demand, EMA, and SMA support strengthens the outlook for continued gains.

Risks to the Bullish Scenario

Despite the optimistic technical setup, analysts caution that a breakdown below $110 would weaken the bullish case. Such a move would compromise both trendline and support integrity, signaling a possible shift in market momentum to the downside.