Let's talk about the latest trends of LTC today: Key signals + practical suggestions

First, anchor the key price levels, which are the 'stabilizing factor' for operations. Support is divided into two layers: short-term focus on $110, as this is the recent breakout point; dropping below this level may easily trigger technical sell-offs. The core support is at $100-102, which is both the low point from April 2025 and coincides with the Fibonacci retracement level, a strong support zone that is likely to hold if it drops to this level.

Don't be careless on the resistance side: the first resistance is at $117 (23.6% Fibonacci extension level), which has not been broken in previous attempts; to rise, it must first overcome this barrier. Strong resistance is at $130-148, constrained by a long-term downtrend line and the high point of the value area. Once broken, it can push towards $200.

Looking at bullish signals, it’s quite positive right now. The OBV energy tide has risen to a yearly high, with buying pressure consistently coming in; open contracts have increased by 13%, and there’s no divergence in volume and price, indicating funds are still positioning for an upward move without signs of withdrawal.

In the bullish logic, the halving is a major catalyst—LTC will halve on August 26, with block rewards decreasing to 6.25 LTC. Historical data shows that in the 30 days before and after the halving, the average increase can be around 40%, which is a strong long-term support.

Technical chart signals also need attention: the daily chart price is at the end of an ascending wedge, breaking above $117 confirms a bullish outlook, targeting $130; if it falls below $110, it might retest $100. The 4-hour chart MACD is tangled above the zero axis; a golden cross would indicate a short-term rebound, while a lack of movement would indicate downward pressure.

Finally, on practical operations, Long Brother has given a low long suggestion: go long directly around $113.80-$112.85, with the first target at $116.12, and if it breaks through, then look at $118.35. Just a reminder, this is personal advice; the market is full of variables, and risk should be managed based on individual circumstances. Don't follow blindly! #LTC