Litecoin Dips but Stops Above $82

Litecoin (LTC) Current Statistics

The current price: $88.05
Market Capitalization:  $6,686,399,961.55
Trading Volume: $347,409,709.61
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis June 2, 2025

The price of Litecoin (LTC) dips below the moving average lines but stops above $82. The altcoin plummeted to a low of $82.99 before resuming upward movement but was rebuffed. The selling pressure has reached bearish exhaustion. The bottom price of Litecoin will be $81 if it is rejected at the 50-day SMA.

The altcoin’s bullish ascent will resume whenever it breaks above the 50-day SMA. Meanwhile, the altcoin will fluctuate between the $80 support and the 50-day SMA barrier. Litecoin is now valued at $87.84 at the time of writing.

Key Highlights           

 Litecoin pauses above the $82 support
The crypto asset has reached bearish exhaustion

Litecoin (LTC) Technical Indicators Reading

Litecoin has returned to the bearish trend zone, falling below the moving average lines. The slide has slowed above the $82 support. Despite the dip, the moving average lines are trending upward. On the 4-hour chart, the moving average lines are sloping downward indicating a downtrend.

What Is the Next Move for Litecoin?

Litecoin is currently in a bearish trend zone but stops above $82. On a shorter time horizon, it is trading above the $84 support but below the moving average lines or the $90 barrier. The altcoin has hit bearish exhaustion, fluctuating in the middle of the price range. The crypto signals will remain range-bound till the trend is determined.

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