$BTC Bitcoin quickly completed its correction in late July, finding strong support at $105 in early August and showing stronger performance than the rest of the market.
Since yesterday, Litecoin has risen sharply, recovering its recent losses. To maintain the upward trend, $125 is the first support to watch. If there is profit-taking, the price may retreat to around $115. Therefore, the range of $115 to $125 will serve as a key support area for now. As long as Litecoin remains above $125, it may continue to rise towards $155.
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The range of $130 to $135, which was tested earlier this year, is now a key resistance area. A weekly close above $135 may indicate a breakout of the trading range for 2025 and could strengthen the upward trend. However, if the price fails to break this resistance, short-term gains could quickly disappear.
