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The value of Litecoin (LTC) has risen above the $106 help stage, marking the tip of its slide.
Litecoin worth long-term prediction: bearish
Based on the value indicator, Litecoin will get better to its earlier highs of $130 and $147. On July 14, as reported by Coinidol.com, the candlestick physique of the uptrend examined the 78.6% Fibonacci stage. The upward correction means that Litecoin will rise solely to fall once more on the 1.272 Fibonacci extension or at $133.36.
LTC worth indicators evaluation
The weekly chart reveals many candlestick wicks above the $130 resistance stage, which present important promoting stress at greater worth ranges. The transferring common traces are horizontal however with an upward slope, indicating an uptrend.
Technical Indicators
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Resistance Ranges: $100, $120, $140 -
Assist Ranges: $60, $40, $20
LTC/USD weekly worth chart – September 5, 2025
What’s the subsequent transfer for LTC worth?
Litecoin has risen above the transferring common traces, resuming an uptrend. For the reason that twenty fifth of August, the altcoin has been buying and selling above the $106 help however under the transferring common traces or the $114 stage. At this time, resistance at $114 resisted the upward momentum. LTC’s worth is now range-bound inside its restricted vary.
LTC/USD worth 4-hour chart – September 5, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the writer. The information supplied 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.
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