Litecoin Clings To Ascending Trendline As Bulls Eye $135 Breakout

The crypto analyst’s analysis further emphasizes the importance of key moving averages, noting that LTC is positioned precisely on top of the 9-day Exponential Moving Average (EMA) at $112.68 and just below the 50-day Simple Moving Average (SMA) at $115.25. Both of these moving averages are acting as dynamic support levels, which provide a solid foundation for the cryptocurrency’s price. 

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