Litecoin Is Moving Sideways but Faces the $95 Barrier
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Litecoin Is Moving Sideways but Faces the $95 Barrier

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Azeez Mustapha

Updated:

Litecoin (LTC) Current Statistics

The current price: $93.55
Market Capitalization:  $7,067,943,958.73
Trading Volume:  $413,333,680.84
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis March 24, 2025

The price of Litecoin (LTC) has remained between the moving average lines and above the $85 support but faces the $95 barrier. The cryptocurrency has been moving inside the range of the Doji candlesticks as they occur. Litecoin is increasing today as it gets closer to the 21-day SMA barrier. If the 21-day SMA level is broken and the positive momentum is maintained, Litecoin will resume its bullish trend. 

The 50-day SWA high or the $110 high will be reached by the bullish momentum. On the other hand, selling pressure will return if Litecoin declines from the 21-day SMA. Litecoin will decline and hit $75.27, or the 2.0 Fibonacci extension price level, as anticipated. The current value of Litecoin is $93.25, as of this writing.

Key Highlights

Litecoin continues to fluctuate below $95
Litecoin remains stable above $85 support

Litecoin Is Moving Sideways but Faces theBarrier
LTC/USD – Daily Chart

Litecoin (LTC) Technical Indicators Reading

The 21-day SMA is the price bars’ resistance, while the horizontal moving average lines on the daily chart are sloping south. The present sideways trend is indicated by the horizontal moving average lines on the 4-hour chart. The horizontal moving average lines are crossed by the price bars.

What Is the Next Move for Litecoin

Litecoin has been trading in a horizontal pattern but faces the $95 barrier. The range of the cryptocurrency asset’s trading is limited to the $85 support and the $95 high. The dominance of Doji candlesticks has caused the price movement to remain stationary. The candlestick wicks’ indication of rejection has caused the upward movements to encounter resistance. The crypto signal is range-bound since the altcoin keeps its small range.

Litecoin Is Moving Sideways but Faces theBarrier
LTC/USD – 4-Hour Chart

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