Litecoin had been buying and selling above the transferring common traces earlier than ultimately breaking down. LTC worth evaluation by Coinidol.com.
Litecoin worth long-term prediction: bearish
Since August 22, Litecoin has moved sideways between the $100 assist and the $125 excessive. After falling beneath each the transferring common traces and the essential $100 assist stage, bullish momentum pushed the value above the $125 excessive on October 10, as reported by Coinidol.com. Nonetheless, bearish momentum then drove the value all the way down to a low of $54.94 earlier than a subsequent rebound.
On the upside, the altcoin has corrected upwards, rising above the $90 assist stage. This upward correction was halted on the $100 mark, which beforehand acted as assist. The cryptocurrency is now confined to a slim vary between the $90 assist and the $100 resistance. Litecoin will resume a bullish pattern if patrons break by means of the $100 barrier and maintain the value above the transferring common traces. If profitable, Litecoin might attain a excessive of $125. At the moment, Litecoin is priced at $89.
Technical Indicators
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Resistance Ranges: $100, $120, $140 -
Assist Ranges: $60, $40, $20
LTC worth indicators evaluation
The value bars have dropped sharply to the underside of the chart, whereas the transferring common traces slope horizontally above. On 10 October, an extended candlestick tail prolonged to the underside of the chart, indicating robust shopping for stress at decrease ranges. On the 4-hour chart, the value bars stay beneath the downward-sloping transferring common traces.
LTC/USD each day chart – October 16, 2025
What’s the subsequent transfer for LTC?
Litecoin is buying and selling beneath the transferring common traces however above the $90 assist. The upward motion has been halted on the $100 barrier, and the altcoin has entered a range-bound section above the present assist. Litecoin will regain a bullish pattern when patrons preserve the value above the transferring common traces.
LTC/USD 4-hour chart – October 16, 2025
Disclaimer. This evaluation and forecast are the private 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 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.
