[ad_1]
The value of Litecoin has retraced above the 21-day SMA assist after breaking above the transferring common strains. LTC value evaluation by Coinidol.com.
Litecoin value long-term prediction: bullish
On October 28, the LTC value rose above the transferring common strains however was halted by the 50-day SMA. The LTC value confronted resistance and fell sharply, remaining above the 21-day SMA.
Bulls and bears are contending above the 21-day transferring common. If the worth falls beneath the 21-day SMA assist, Litecoin will return to its vary above the $88 assist however beneath the $100 resistance. If consumers break above the 50-day SMA barrier, Litecoin will revisit its earlier excessive of $135. On the time of writing, Litecoin is valued at $96.28.
Technical Indicators
-
Resistance Ranges: $100, $120, $140 -
Help Ranges: $60, $40, $20
Litecoin indicator evaluation
The cryptocurrency value is barely above the 21-day SMA assist however beneath the 50-day SMA barrier. On October 28, the lengthy candlestick wick indicated robust promoting strain on the 50-day SMA. The transferring common strains are flat, signalling a sideways pattern on the 4-hour chart. The value motion is characterised by small, indecisive candlesticks generally known as Dojis.
LTC/USD each day chart – November 1, 2025
What’s the subsequent transfer for Litecoin?
The value of Litecoin has remained steady as Doji candlesticks have shaped. On the 4-hour chart, the altcoin is at the moment range-bound, buying and selling above the $90 assist and beneath the $105 resistance. In the present day, the cryptocurrency is gaining however has stalled on the transferring averages. If the altcoin breaks above $105, it is going to regain bullish momentum.
LTC/USD 4-hour chart – November 1, 2025
Disclaimer. This evaluation and forecast are the private opinions of the writer. The info supplied is collected by the writer and isn’t sponsored by any firm or token developer. This isn’t a suggestion 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.
[ad_2]
