Litecoin price analysis by Coinidol.com: for the past five days, the upward trend has paused at the recent high.
Litecoin price long-term prediction: bullish
Litecoin (LTC) has maintained its price above the $100 support level since September 22. On October 1, the cryptocurrency regained positive momentum and rose above the moving average lines, as Coinidol.com reported. The altcoin reached the $124 barrier but did not surpass it.
Now, the altcoin is trading above the moving averages but below the $125 high. If buyers overcome the current barrier, Litecoin will return to its previous high of $133.
Meanwhile, LTC is moving sideways above the moving average lines but below the $125 high. Litecoin will enter a bearish trend if it loses support at the 50-day SMA. The price of Litecoin is $119 today.
Technical Indicators
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Resistance Levels: $100, $120, $140 -
Support Levels: $60, $40, $20
Litecoin indicator analysis
Since October 2, there have been extended candlestick wicks above the $120 mark, indicating strong selling pressure at this level. The price bars are above the horizontal moving average lines, suggesting that the cryptocurrency is likely to continue rising. On the 4-hour chart, the price bars are above the upward-sloping moving average lines.
LTC/USD daily chart – October 6, 2025
What is the next move for Litecoin?
Litecoin began its bullish ascent after breaking above the moving average lines and peaked at $124 before retreating. On the 4-hour chart, the price is trading above the moving average lines but below the $125 high. The cryptocurrency price is testing the 21-day SMA support in an attempt to breach it. If the 21-day SMA support is broken, Litecoin will fall to the low of $114.
LTC/USD 4-hours chart – October 6, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.