The post Litecoin – Why LTC’s path to $135 hinges on THIS resistance zone appeared on BitcoinEthereumNews.com.

Key Takeaways What supports Litecoin’s bullish outlook despite recent corrections?  LTC’s sustained hold above the 20-day EMA and rising open interest signal strong institutional accumulation and bullish sentiment. What level must LTC clear to continue its rally?  LTC needs to break past the $124 supply zone to target the $135 resistance level. Litecoin [LTC] is showing signs of renewed momentum on the daily chart after multiple rejections at the $124 supply zone.  The altcoin’s sell-side momentum seems to be fading as the prices approach the market gap at around $115. Despite minor pullbacks in recent days, Litecoin has maintained its position above the 20-day Exponential Moving Average (EMA), which continues to serve as short-term support. This stability boosts confidence among investors and traders considering long positions around $115, particularly given the still-bullish long-term outlook.  However, if the EMA support fails and prices drop below it, sellers could regain control and shift market momentum. Source: TradingView Institutions enter as Open Interest surges On-chain metrics also support the long-term bias. One encouraging signal flashing green lights for bulls is the sharp rise in Open Interest (OI). LTC’s OI stood at 730 million, at press time, a significant surge from last month’s dips that pushed the open interest down to 600 million. The steady climb suggests that institutional traders are re-engaging with LTC, adding leveraged positions that could amplify any sustained upside move. Analysts often view rising OI during consolidation as a sign of accumulation, especially when it aligns with key technical levels of the holding firm. Source: Messari LTC’s Sharpe Ratio hints at more returns Alongside steadily surging institutional activity, LTC’s 90-day Sharpe Ratio is also on a surge. The ratio stood at 2.14, as of writing, underscoring improved returns for long-term investors relative to risk. The rising Sharpe Ratio indicates that…

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Filed under: News - @ October 7, 2025 8:28 am