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Coinidol.com: The worth of Litecoin (LTC), which had rallied and reached resistance at $136, has now exited the bullish development zone.
Litecoin value long-term prediction: bearish
It fell nicely under the shifting common traces on the similar time. The cryptocurrency dropped sharply to a low of $54 earlier than recovering.
On the draw back, bulls purchased the dips because the altcoin corrected upwards. The LTC value has rebounded to a excessive of $102. On the upside, Litecoin will resume its bullish development if present assist holds and consumers push the value above the $100 degree. If consumers succeed, Litecoin will stay range-bound between the $100 assist and the $125 excessive. Litecoin is at the moment at $95.61.
Technical Indicators
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Resistance Ranges: $100, $120, $140 -
Assist Ranges: $60, $40, $20
Litecoin indicator evaluation
On October 10, the lengthy candlestick wick pierced the $54 assist however then pulled again. The prolonged candlestick wick signifies robust shopping for curiosity on the $54 degree. The worth bars are under the horizontal shifting common traces. Litecoin has entered the oversold territory. The altcoin will rise if consumers emerge from the oversold area.
LTC/USD each day chart – October 12, 2025
What’s the subsequent transfer for Litecoin?
Litecoin has fallen sharply, reaching a low of $54, however is now reversing upwards. The upward correction has stalled close to the $100 degree. If consumers push the value above $100, Litecoin’s upward development will resume.
On the draw back, promoting strain will return if the altcoin is rejected at its current excessive. LTC is range-bound above the $90 assist and under the $105 excessive.
LTC/USD 4-hour chart – October 12, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the writer. The info offered 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 seen as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.
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