LTC 6H – Rising Trendline Holding as Price Tests Resistance

Wait 5 sec.

LTC 6H – Rising Trendline Holding as Price Tests ResistanceLitecoin / TetherUSBINANCE:LTCUSDTBKVIPLTC on the 6H timeframe is currently trading around 44.96 after recovering steadily along a rising trendline from the late June low near 40.00, with price now pressing into the 44.80–45.50 horizontal resistance zone that has capped the structure twice since early July. The chart shows a rising trendline originating from the June 25 low near 40.00, connecting the June 30 higher low near 41.30 and the July 13 touch near 43.40 before price pushed higher again. That trendline has been the backbone of the recovery across the entire visible structure, with each pullback finding support at or near it before bouncing. Price pushed through the 44.80–45.00 horizontal level on July 4–5 reaching a high near 45.80–46.00 before pulling back, then recovered again into the same zone on July 10 where it stalled near 44.80–45.50 before another leg lower brought it back to the trendline on July 13 near 43.40. The current candle shows price breaking back above 44.80–45.00 following that trendline hold, now pressing into the 44.80–45.50 resistance zone for a third time. A secondary horizontal level near 45.30–45.50 sits just above as the upper boundary of the resistance cluster. Price has now tested the trendline three times without a breakdown and is back pressing into resistance, with each trendline hold producing a stronger bounce, suggesting accumulating momentum behind the recovery structure. Key Levels To Watch → 45.80–46.00 – Prior spike high, resistance above → 45.30–45.50 – Upper horizontal resistance, secondary level → 44.80–45.00 – Horizontal pivot, current test → 44.20–44.40 – Minor support, mid-range reference → 43.40–43.80 – Rising trendline, dynamic support (climbing) → 42.00–42.60 – Prior trendline touch zone, support below → Below 41.30 – Trendline breakdown, recovery structure at risk A confirmed 6H close above 45.30–45.50 would clear the full resistance cluster and open a move toward the prior spike high near 45.80–46.00 and potentially above it on continuation, with the rising trendline continuing to support the structure from below. A rejection at 44.80–45.50 and a return toward the rising trendline near 43.40–43.80 would keep the range intact, but a confirmed close below the trendline would break the structure that has supported every low since late June and expose price to a move toward 42.00–42.60 and below. Third test of resistance after repeated trendline holds, momentum building from below. Break above 45.30–45.50 → resistance cleared, eyes on 46.00 and above. Reject here and lose trendline near 43.40 → recovery over, downside toward 42.00–42.60. Bias bullish above rising trendline. Shift only on confirmed close below 43.40–43.80.