Coinidol.com: The price of Litecoin (LTC), which had rallied and reached resistance at $136, has now exited the bullish trend zone.
Litecoin price long-term prediction: bearish
It fell well below the moving average lines at the same time. The cryptocurrency dropped sharply to a low of $54 before recovering.
On the downside, bulls bought the dips as the altcoin corrected upwards. The LTC price has rebounded to a high of $102. On the upside, Litecoin will resume its bullish trend if current support holds and buyers push the price above the $100 level. If buyers succeed, Litecoin will remain range-bound between the $100 support and the $125 high. Litecoin is currently at $95.61.
Technical Indicators
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Resistance Levels: $100, $120, $140 -
Support Levels: $60, $40, $20
Litecoin indicator analysis
On October 10, the long candlestick wick pierced the $54 support but then pulled back. The extended candlestick wick indicates strong buying interest at the $54 level. The price bars are below the horizontal moving average lines. Litecoin has entered the oversold territory. The altcoin will rise if buyers emerge from the oversold region.
LTC/USD daily chart – October 12, 2025
What is the next move for Litecoin?
Litecoin has fallen sharply, reaching a low of $54, but is now reversing upwards. The upward correction has stalled near the $100 level. If buyers push the price above $100, Litecoin’s upward trend will resume.
On the downside, selling pressure will return if the altcoin is rejected at its recent high. LTC is range-bound above the $90 support and below the $105 high.
LTC/USD 4-hour chart – October 12, 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.