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Litecoin (LTC) Price Analysis: LTC Faces Resistance Near $105 After Impressive Rally

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  • Litecoin is struggling to break above the $105.32 resistance from February.
  • Price holds near $102 support, with downside targets at $98.77 and $96.24.
  • Momentum is fading as LTC nears the upper Bollinger Band.
  • A break above $105.32 could target $110; below $102 risks a deeper drop.

Litecoin (LTC) is showing signs of slowing down after a strong rally in early May pushed prices above key moving averages and resistance levels. Litecoin is trading around $103.62, slightly down from the session high of $105.32. The cryptocurrency had a solid upward breakout after consolidating below $90 for several weeks, but recent price behavior suggests the rally might be losing steam.

The $105.32 level has emerged as a strong resistance zone, rejecting LTC’s attempts to move higher. This level aligns with previous price ceilings from February and March, making it a critical area for bulls to break through. If Litecoin fails to close above this level soon, short-term traders may start to lock in profits, potentially pushing the price lower.

LTC Faces Short-Term Pressure

Litecoin is now testing short-term support at $102. Below that, additional levels of interest are $98.77 and the 200-period simple moving average (SMA) at $96.24. This 200-SMA has historically served as a key trend indicator. If LTC breaks below this moving average, it could shift the short-term bias from bullish to neutral or bearish.

Further below, the 50-period SMA currently sits near $85.19 and could act as a last line of defense if a deeper correction unfolds. This moving average has provided support during the earlier stages of the rally and is aligned with previous consolidation zones.

LTCUSD 2025 05 13 16 08 26
Source: Tradingview

Litecoin’s price is currently near the upper range of the Bollinger Bands, indicating the asset might be overextended in the short term. The bands are widening, which confirms increased volatility, but the closeness of the price to the upper band may suggest a pause or pullback is coming.

Technical Buy and Sell Signals Suggest Mixed Sentiment

Several “Buy” signals were generated in late April and early May when Litecoin was trading between $85 and $90. These signals were supported by upward momentum and bullish moving average crossovers. However, recent “Sell” signals have started to appear near $105, indicating potential resistance and a shift in short-term sentiment.

LTCUSD 2025 05 13 16 08 15
Source: Tradingview

Litecoin Outlook for Mid-May 2025

For Litecoin to continue its upward trend, a decisive breakout above $105.32 is needed. If successful, the next resistance level to watch would be around $110. However, if LTC fails to hold above $102, a dip toward the $96–$98 range is likely. A daily close below the 200-SMA could trigger a larger correction down to $85.

Traders should closely monitor volume and candlestick patterns for confirmation of either a breakout or a pullback. The broader crypto market’s direction may also influence LTC’s next move, especially if Bitcoin or Ethereum experience strong price action.

Litecoin’s strong rally has paused near a major resistance level, and the price now sits at a critical decision point. While the long-term trend remains positive, short-term momentum may be weakening. As LTC hovers around $103, traders and investors will be watching closely to see if bulls can push through the $105 barrier, or if bears will take control in the coming sessions.

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Litecoin (LTC) Price Prediction: Is a Rally Towards $194 Now in Play?

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  • Litecoin is showing strong bullish momentum, rebounding from a key Fibonacci support level and suggesting a potential trend reversal.
  • Technical analysis points to continued upward movement, with resistance levels based on historical breakout zones and Fibonacci extensions.
  • The broader crypto market sentiment is improving, and Litecoin is aligning with the altcoin recovery trend following a period of consolidation.
  • Analysts note that while pullbacks may occur, the overall structure favors a new bullish phase for Litecoin in the weeks ahead.

Litecoin (LTC) is showing an upward trend, and there’s an increase in appreciation consistent with the overall bull trend, an indication of a coming reversal. With Bitcoin getting stronger, it’s creating universal sentiment and turning the trend from bearish to bullish. Investors and traders are intently looking, feeling an imminent recovery. A confirmed break can hint at a strong and imminent rally.

LTC is currently trading at $99.98, with a 24-hour trading volume of $833.49M and a market capitalization of $7.57B. The LTC price over the last 24 hours is up by 6.62%, and over the last week its price is up by 14.42% and signals a high potential for the next major journey.

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Source: CoinMarketCap

Litecoin (LTC) Eyes Major Rally: Can It Reach $66?

According to the crypto analyst, Litecoin ($LTC) is showing remarkable strength in the bi-weekly chart as it rebounds from a critical technical level. Upon testing at the support near the 0.786 Fibonacci retrace point, which is traditionally viewed as a takeoff point in continuation bull trends, LTC broke higher with tremendous speed. The rebound indicates a possible sentiment and structure switch, with investors subsequently paying attention to confirmation of an extended trend reversal.

In the event that the current pattern stands, analysts are eyeing two significant resistance points ahead: $141.54 as an initial stop and then an extended target of $194.22. 

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Source: X

These are calculated from past price history and Fibonacci extension models, relating to past zones of breakthrough in earlier bull markets. Minor pullbacks are expected along the route, but overall the structure favors further upward direction, indicating that Litecoin may commence with a new bull phase.

This comeback is timed perfectly, as altcoins are already starting to gain steam after a spell of market consolidation. Litecoin, which is commonly referred to as a sleeper in the altcoin community, has traditionally experienced blowout moves in the bull and bear markets. With strong technical support and increasing momentum driving it, LTC is positioning itself again as an asset to monitor over the coming weeks.

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Litecoin Price Analysis: Can LTC Break Past Resistance at $96?

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  • Litecoin is showing renewed momentum, closely following Bitcoin’s price trend.
  • Traders are watching for a potential breakout as LTC approaches a key resistance level.
  • Market sentiment remains cautiously optimistic despite broader crypto stability.
  • Technical indicators suggest Litecoin may be gearing up for its next major move.

Litecoin (LTC) is back in the light with its price increasing, fueled by new interest. Even the general market is steady after weeks of volatility caused by macroeconomic factors. LTC’s recent trend is very similar to the direction taken by Bitcoin and is likely to follow it further upward. Traders and investors are holding back in anticipation of the breakout to the upside.

At the time of writing, LTC is trading at $86.85 with a trading volume of $309.64M in the last 24 hours and a market cap of $6.58B. The LTC price over the last 24 hours is hit by market volatility; over the last week it is stable, and over the last month it is up by 5.23% and showing signs for the next major journey.

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Source: CoinMarketCap

Will Litecoin (LTC) Break $96 Resistance or Consolidate?

According to the crypto analyst CRYPTOWZRD, Litecoin (LTC) concluded the recent trading session on a tentative note, ending with uncertainty after failing to confirm a clear breakout or breakdown. Previously, after exhibiting optimistic indications of rebounding early in the week, this altcoin is now trading close to major technical points, with the $96 resistance point becoming a vital short-term objective for bullish momentum.

Market players are cautiously optimistic during the weekend, but expectations are moderated by the general market’s steady tone. The recent price developments in LTC have closely followed those of Bitcoin, and traders have come to depend on doing so. As long as Bitcoin continues its relatively steady trajectory, most expect that Litecoin will do the same unless something big happens.

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Source: X

Technical experts note that LTC must have consistent upward momentum in order to break above the $96 resistance that has been in place in recent trading periods. Without that favorable price move, Litecoin is in danger of staying stuck in a range, giving investors no clear idea of the direction it will move in.

On the weekend, all eyes will be on the intraday chart of Litecoin, with traders turning to short-term patterns and signals that may show a breakout. Volume will be one of the most crucial factors, along with momentum indicators, in determining the direction of LTC.

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Analyst Predicts Litecoin (LTC) Potential to Reach $300 – Here’s When

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Litecoin (LTC) recently underwent a decrease in value, dropping from its recent high of $112 to $71. However, despite this decline, LTC remains poised for potential significant growth in the long term. This optimism stems from the anticipation surrounding the upcoming Bitcoin Halving, which is expected to trigger a substantial upward movement in the cryptocurrency market.

At the time of writing, the price of Litecoin stands at $79.23, accompanied by a 24-hour trading volume of $1.36 billion and a market capitalization of $5.90 billion. Over the past 24 hours, LTC has experienced a decrease in price by 3.28%.

LTC 1D graph coinmarketcap 5
Source: CoinMarketcap

Litecoin (LTC) Potential to Hit $250

Despite encountering a brief downturn in its price, Litecoin (LTC) appears to be on the brink of a notable ascent. This assessment comes from World Of Charts, a respected crypto analyst renowned for insightful market predictions.

Litecoin has emerged as an appealing prospect for investors who may have previously overlooked it. Its recent rebound from a significant trendline suggests resilience and potential for growth. Despite recent fluctuations, there remains a strong belief among analysts and traders alike that LTC is positioned for a substantial price surge.

The analyst predicts a move towards the $250-300 range in the coming months, reflecting a consensus among market observers. This projection is rooted in various factors, including ongoing developments within the cryptocurrency space, potential adoption by mainstream financial institutions, and broader market trends.

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However, while short-term fluctuations are inevitable in the volatile world of cryptocurrency, the overall trajectory for LTC appears bullish. This sentiment is bolstered by technical analysis, market sentiment, and the broader outlook for digital assets. As such, many investors view LTC as an asset with significant growth potential shortly.

Litecoin to Hold $68 For Upside Move

Litecoin’s price movement seems confined to a relatively steady horizontal trend channel. This suggests that investors are grappling with uncertainty, eagerly awaiting clear indicators of the cryptocurrency’s future trajectory. Should Litecoin break out of this horizontal trend channel in an upward direction, it would likely be interpreted as a positive signal, indicating potential upward momentum in its price. Conversely, a downward break would signal a negative trajectory.

In the short term, Litecoin has already breached a support level, signaling a bearish trend in its immediate trading range. This breach of support adds weight to the negative sentiment surrounding short-term trading prospects.

LTCUSDT 2024 04 16 14 58 28

Looking at specific price levels, Litecoin appears to have support at around the $68 mark, meaning that it tends to find buying interest and upward momentum around this price point. Conversely, resistance is observed around the $95 level, indicating a point at which selling pressure tends to mount, hindering further price increases.

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