Litecoin Begins Its Slide Below the $94 Barrier

Key Highlights

Litecoin slumps below the $94 barrier
The crypto asset resumes selling pressure

Litecoin (LTC) Current Statistics

The current price: $89.52
Market Capitalization:  $6,803,598,563.21
Trading Volume: $459,943,847.83
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis June 12, 2025

Litecoin’s (LTC) price breaks above the moving average lines and is now below the $94 barrier. Buyers failed to keep the bullish momentum above the moving average levels. The price of LTC struck the resistance and was resisted at $94. The cryptocurrency asset was earlier trading between the $80 support and below the moving average lines.

The bearish momentum has broken below the moving average lines. The price of LTC will decline further and re-enter the previous lows of $81 and $83. The price of Litecoin is $90 as of this writing.

Litecoin (LTC) Technical Indicators Reading

It is probable that selling pressure on Litecoin will return when the price drops below moving average lines. Although the moving average lines are trending laterally, they are sloping higher. On the 4-hour chart, price bars are located above the moving average lines. Following a bearish breach below the moving average lines, the altcoin will continue to drop.

What Is the Next Move for Litecoin?

The price of Litecoin has reverted to its range between the moving average lines and the $80 support but below the $94 barrier. Litecoin is trading between the $82 support and the $94 resistance on the 4-hour chart. The cryptocurrency price is currently retesting the 21-day SMA support in an attempt to break through it. The slide will begin when the 21-day SMA support is breached.

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