Litecoin Risks Declining as It Falls From the $80 Barrier

Key Highlights

Litecoin rallies to $80 high
Litecoin is in a range

Litecoin (LTC) Current Statistics

The current price: $78.11
Market Capitalization:  $5,896,653,453.26
Trading Volume: $345,248,785.75
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis April 15, 2025

The price of Litecoin (LTC) is stalled at the recent high as it falls from the $80 barrier. The crypto price has been trading below the most recent high since April 12 in anticipation of a bullish trend. The 21-day SMA barrier or the resistance at $80 is being retested by the cryptocurrency price today. The altcoin will ascend to the 50-day SMA or the $95 high if it breaks above the 21-day SMA barrier.

The selling pressure will resume if the cryptocurrency asset declines below the 21-day SMA threshold. Litecoin is going to drop and go back to its prior low of $66. If the market continues to decline, the bearish momentum might reach the bottom of $55.92 or the Fibonacci extension level of 2.618. The current value of Litecoin is $77.75 as of this writing.

Litecoin (LTC) Technical Indicators Reading

The price bars on the 4-hour chart are situated above the lines of the moving average. Although Litecoin was predicted to increase, the resistance at $80 prevented it from doing so. The long candlestick wicks at the latest high indicate strong selling pressure at the $80 high. The price bars on the daily chart are beneath the lines of the moving average. The price bars’ resistance line is the 21-day SMA.

What Is the Next Move for Litecoin

The 4-hour chart shows that Litecoin is trading in the positive trend zone as it falls from the $80 barrier. It oscillates above the moving average lines but below the resistance at $80. The bullish rise will start when the cryptocurrency asset’s price retraces and remains above the moving average lines. However, when the price of Litecoin drops below the moving average lines, it will lose value.

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