Litecoin had been trading above the moving average lines before eventually breaking down. LTC price analysis by Coinidol.com.
Litecoin price long-term prediction: bearish
Since August 22, Litecoin has moved sideways between the $100 support and the $125 high. After falling below both the moving average lines and the crucial $100 support level, bullish momentum pushed the price above the $125 high on October 10, as reported by Coinidol.com. However, bearish momentum then drove the price down to a low of $54.94 before a subsequent rebound.
On the upside, the altcoin has corrected upwards, rising above the $90 support level. This upward correction was halted at the $100 mark, which previously acted as support. The cryptocurrency is now confined to a narrow range between the $90 support and the $100 resistance. Litecoin will resume a bullish trend if buyers break through the $100 barrier and sustain the price above the moving average lines. If successful, Litecoin could reach a high of $125. Today, Litecoin is priced at $89.
Technical Indicators
-
Resistance Levels: $100, $120, $140 -
Support Levels: $60, $40, $20
LTC price indicators analysis
The price bars have dropped sharply to the bottom of the chart, while the moving average lines slope horizontally above. On 10 October, a long candlestick tail extended to the bottom of the chart, indicating strong buying pressure at lower levels. On the 4-hour chart, the price bars remain below the downward-sloping moving average lines.
LTC/USD daily chart – October 16, 2025
What is the next move for LTC?
Litecoin is trading below the moving average lines but above the $90 support. The upward movement has been halted at the $100 barrier, and the altcoin has entered a range-bound phase above the current support. Litecoin will regain a bullish trend when buyers keep the price above the moving average lines.
LTC/USD 4-hour chart – October 16, 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.