The price of Litecoin (LTC) has risen above the moving average lines, signalling the start of a bullish rally.
If the price remains above the moving average lines or key support, the altcoin will continue its uptrend. The current positive momentum would come to a halt if the bears break the key support at $100. The altcoin would fall back to its previous low of $76.
Litecoin price long-term prediction: bullish
On the upside, Litecoin will rally if support at $100 is maintained. Litecoin will rise but will encounter resistance at $133. Litecoin will rise to the $ 2.618 Fibonacci extension level or $177.58 if the current barrier is breached.
If the bullish scenario is not confirmed, Litecoin will continue to fluctuate between the $100 level and the upper barrier at $133. The LTC price is currently trading at around $116.
Technical Indicators
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Resistance Levels: $100, $120, $140 -
Support Levels: $60, $40, $20
LTC price indicators analysis
Following the current price rise, the price bars have risen above the moving average lines. In addition, the moving average lines are sloping upwards, indicating a bullish trend.
On the daily chart, the price bars have retraced and paused above the moving averages. Long candlestick wicks above the $133 level indicate significant selling pressure at higher prices.
LTC/USD weekly chart – September 11, 2025
What’s next for Litecoin?
Litecoin is trading in the uptrend zone and is holding above the important support level of $100. The cryptocurrency is trading above $107.50, but below $120. The daily chart shows that the LTC price has retraced above the moving average lines. If the 50-day SMA support holds, the cryptocurrency will continue to rise. Otherwise, Litecoin will slip into a downtrend.
LTC/USD daily chart – September 11, 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.