Litecoin Is on a Rising Trend but Faces the $85 Barrier

Key Highlights

Litecoin battles the $85 barrier
Litecoin regains bullish trend

Litecoin (LTC) Current Statistics

The current price: $87.15
Market Capitalization:  $6,490,672,041.55
Trading Volume: $421,357,195.18
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis April 25, 2025

The price of Litecoin (LTC) has broken through the moving average lines but faces the $85 barrier. However, the bullish momentum has been hampered by the 50-day SMA. The present bullish momentum is anticipated to peak at $88. The altcoin trades above the 21-day SMA support and below the 50-day SMA resistance. The crypto price has twice retested the 50-day SMA in anticipation of a favorable trend.

On the plus side, the price of LTC will rise to a high of $95 if the 50-day SMA support is broken. The positive trend will continue until it reaches the peak of $110. If the price of LTC loses the 21-day SMA support, it will revert to the negative trend zone. The altcoin will drop to its lowest point of $68. Today the price of Litecoin is $85.28.

Litecoin (LTC) Technical Indicators Reading

Litecoin maintains a bullish trend while stuck between the moving average lines. The upward trend has been hampered by the 21-day and 50-day moving average lines. Litecoin is rising when the price bars on the 4-hour chart are above the moving average lines. The upward trend has stopped at the $85 barrier.

What Is the Next Move for Litecoin?

Litecoin has continued its bullish rise but faces the $85 barrier. On the 4-hour chart, the crypto price is below the $85 resistance but above the moving average lines. Despite hitting the $85 barrier today, the price of cryptocurrencies bounced back above the 21-day SMA. The altcoin bounced back above the 21-day SMA to begin a new rising trend. The crypto signal will be positive if it overcomes the $85 barrier.

Make money without lifting your fingers: Start using a world-class auto trading solution.

 
NOTE: Learn2.Trade is not a financial advisor.  Do research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.