Litecoin (LTC) is trading at $93.32 with an increase of 1.27% in the last 24-hours showing a modest recovery. Having a market capitalization of $7.06 billion LTC still holds tight within the top 20 cryptocurrencies.
The trading volume has increased by 70.38% to $460.68 million in the last 1 day.
Litecoin Technical Analysis
Litecoin has been moving upwards as shown in the 4-hour chart beginning around March 10 and shows a combination of an uptrend and downtrend. After March 10 it went from $95 back to $89 then again moving forward, establishing a new pattern of creating lower lows at about $87, $83.54 (S2).
The upper boundary of the ascending triangle is established at $95.03 (R1) where price has been rejected a few times. On the 4-hour chart, LTC is breaking out of an ascending triangle pattern,suggesting a potential upside momentum if bulls maintain control.
Price is creating higher lows inside the ascending triangle with a resistance near $93.98. A breakout above this zone would likely trigger bullish continuation towards the next pivot levels.
LTCs first resistance level rests at R1 ($95.03), whereas additional resistance levels lie at R2 ($98.58), R3 ($102.55), R4 ($106.53), and R5 ($110.51). LTC also possesses some pretty significant support at the ascending trendline and more specifically at S1 ($87.51), S2 ($83.54), S3 ($79.9).
The MACD indicator shows a bullish crossover, with the MACD line (0.23) rising above the signal line (0.09), indicating strong upward momentum. Additionally, the growing histogram bars reflect increasing buying pressure supporting the potential for a breakout.
Litecoin Price Targets
If LTC breaks above $95.03, we could see it push toward $98.58 (R2) and eventually $102.5 in the coming sessions. If the price breaks down below the ascending trendline targets S2 at $83.54 and S1 at $87.51 would be anticipated if we see sufficient selling.
Bullish Triggers for LTC
LTC open interest is currently around $479.96 million steadily climbing since mid-March. This rise supports the breakout scenario, as it indicates growing participation and leveraged bets.
VanEck and Bitwise have both expressed interest in adding Litecoin to future crypto basket ETFs especially after BTC and ETH spot ETFs gained regulatory approval in early 2025.
