Technical analysis by FenzoFxBroker about Symbol LTC: Buy recommendation (7/23/2025)

Litecoin remains bullish above the 50-day SMA, supported by an ascending trendline. As of now, LTC trades near $113.0, retesting this area as support. A sustained hold above the trendline could initiate another bullish leg, targeting resistance at $130.3. However, a close and stabilization below the trendline would invalidate this outlook and suggest increased selling pressure.