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Litecoin worth evaluation by Coinidol.com: for the previous 5 days, the upward pattern has paused on the latest excessive.
Litecoin worth long-term prediction: bullish
Litecoin (LTC) has maintained its worth above the $100 assist stage since September 22. On October 1, the cryptocurrency regained optimistic momentum and rose above the transferring common strains, as Coinidol.com reported. The altcoin reached the $124 barrier however didn’t surpass it.
Now, the altcoin is buying and selling above the transferring averages however under the $125 excessive. If patrons overcome the present barrier, Litecoin will return to its earlier excessive of $133.
In the meantime, LTC is transferring sideways above the transferring common strains however under the $125 excessive. Litecoin will enter a bearish pattern if it loses assist on the 50-day SMA. The value of Litecoin is $119 right this moment.
Technical Indicators
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Resistance Ranges: $100, $120, $140 -
Help Ranges: $60, $40, $20
Litecoin indicator evaluation
Since October 2, there have been prolonged candlestick wicks above the $120 mark, indicating sturdy promoting stress at this stage. The value bars are above the horizontal transferring common strains, suggesting that the cryptocurrency is prone to proceed rising. On the 4-hour chart, the value bars are above the upward-sloping transferring common strains.
LTC/USD every day chart – October 6, 2025
What’s the subsequent transfer for Litecoin?
Litecoin started its bullish ascent after breaking above the transferring common strains and peaked at $124 earlier than retreating. On the 4-hour chart, the value is buying and selling above the transferring common strains however under the $125 excessive. The cryptocurrency worth is testing the 21-day SMA assist in an try and breach it. If the 21-day SMA assist is damaged, Litecoin will fall to the low of $114.
LTC/USD 4-hours chart – October 6, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the creator. The info offered is collected by the creator and isn’t sponsored by any firm or token developer. This isn’t a advice to purchase or promote cryptocurrency and shouldn’t be considered as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.
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