Litecoin (LTC) Price Prediction: A Bullish Reversal Above the $73 Support Could Send Litecoin Price to $136

As volatility grips the crypto markets, Litecoin (LTC) is drawing attention with analysts watching closely for a potential price rebound despite the recent pullback below $90.

A sustained hold above the $73 support level could pave the way for a bullish breakout, potentially sending LTC toward the $136 mark.

Litecoin Price Today: Testing Crucial Levels

Litecoin (LTC) is currently trading at $89.26 after experiencing a 3.59% dip in the last 24 hours, according to CoinMarketCap. The drop came after the asset peaked at $94.01 before slipping to a low of $88.24, highlighting the ongoing volatility in the broader crypto market.

Litecoin (LTC) was trading at around $84.24, down 4.76% in the last 24 hours at press time. Source: Brave New Coin

Despite the downturn, the $88 support level held firm, sparking hopes among traders for a potential bullish reversal. Technical indicators, however, show a market still under pressure. The Bollinger Bands indicator suggests that LTC has breached its 20-day moving average, indicating that bearish sentiment may persist unless momentum shifts.

Litecoin Technical Analysis: Bearish Bias Still Lingers

Litecoin’s short-term outlook remains uncertain. The breach of the middle Bollinger Band points to continued downward pressure, with some analysts warning that LTC could fall to the next key support at $83.19 if selling pressure continues.

“Unless bulls step in decisively, we may see further downside in the near term,” analysts at TradingView noted. The weakening trading volume — down 3.51% to $425.29 million — adds to concerns, suggesting reduced investor interest in the current climate.

However, some traders see an opportunity for accumulation, particularly as LTC approaches historical support zones. According to historical Litecoin analysis, the asset often performs well in June, with an average monthly gain of 8.86%. If this pattern holds, a rebound to $97.17 is plausible — and could mark the beginning of a broader price recovery.

LTC Price Prediction: Path to $136?

While technicals lean bearish in the short term, analysts believe that if Litecoin can firmly establish support above the $73–$83 range, it may lay the groundwork for a strong bullish reversal.

Litecoin (LTC) could break the $136 resistance if strong support holds near $73 and bullish momentum keeps strengthening. Source: George_lam on TradingView

“The current accumulation process near key levels could trigger a rally,” noted one analyst from TradingView. “If the reversal is confirmed, we could see Litecoin revisit its all-time high zones and potentially climb toward $136 in the coming weeks.”

Litecoin handles about 25% of Bitcoin’s daily USD transaction volume despite having a market cap nearly 319 times smaller, outperforming many larger-cap assets. Source: Litecoin Ricky via X

This Litecoin price prediction hinges on renewed buying pressure, macro market trends, and improving sentiment within the crypto sector. A break above immediate resistance near $97 would be a key signal that bulls are regaining control.

Litecoin Forecast: Is Litecoin a Good Investment?

The Litecoin vs. Bitcoin debate continues, especially with Bitcoin’s dominance persisting. Litecoin, however, has the luxury of faster speeds of transaction at cheaper fees, making it a favorite for certain uses.

Litecoin vs. Bitcoin transactions historical chart. Source: ChristopherLTC via X

The most recent Litecoin adoption news has also kept investor enthusiasm cautiously elevated with news. Although LTC never commandeers the headlines like Ethereum or Bitcoin, its solid fundamentals of limited supply and regular halving events keep it in focus among long-term investors.

The Litecoin halving cycle, which historically precedes price surges, also adds a bullish backdrop to future forecasts. While the halving has passed, its delayed impact may still influence price action later in the year.

Litecoin Market Sentiment: A Rebound in Sight?

Although the market mood remains fragile, many in the community are not ruling out a Litecoin price breakout if historical patterns and support levels hold. According to on-chain data, LTC whale activity has slowed but not disappeared, with some wallets showing signs of accumulation.

Litecoin (LTC) may rebound toward $91.92 if it holds above the key $81.01 support, with oversold signals hinting at a potential bullish wave. Source: FenzoFxBroker on TradingView

Should the sentiment shift positively across the broader market, LTC could benefit from renewed momentum, especially if macroeconomic conditions improve or regulatory clarity boosts investor confidence.

Final Thoughts

In summary, Litecoin’s current technical setup reflects short-term weakness but offers longer-term promise if support holds. A rebound above $88 followed by a break over $97 would be early signs of a bullish continuation. The real test, however, lies in the $73 support zone. If this level holds, and momentum builds, Litecoin crypto update forecasts could soon shift in favor of bulls aiming for $136.

As always, traders are advised to monitor the Litecoin trading volume, watch for changes in investor behavior, and stay updated on broader market trends before making any investment decisions. The future of Litecoin may well depend on how the next few weeks unfold.