🔷️ Litecoin ( #LTC ) has maintained its upward trend that began in 2020, consistently receiving strong reactions from this trendline. The price continues to hold above this long-term support, reaffirming its importance in the current market structure.

🔸 As long as LTC remains above this ascending trendline, the yellow lines marked by Fibonacci levels stand out as the next key resistance zones.

🔍 Positive Technical Indicators

✅ RSI (Relative Strength Index): Currently around 64, indicating growing buying momentum and strength in the market.

✅ MACD: Trading in positive territory with a recent bullish crossover, signaling increasing upward momentum.

✅ Moving Averages (MA): $LTC is trading above both short- and long-term moving averages. Holding above the 50-day and 200-day MAs further supports the bullish outlook.

🔸 Fibonacci Zones: The $100 – $112 range remains a key technical resistance zone. A breakout above this level could open the path toward higher yellow-line targets.

🔸 Structural View: As long as the price stays within the ascending channel, the mid-to-long-term technical outlook for #LTC remains bullish.

⚠️ Not financial advice. This content is for informational purposes only. Cryptocurrencies are highly volatile, and you should always do your own research before making investment decisions.

#LTC # Litecoin #Crypto # TechnicalAnalysis #bitcoin