Litecoin (LTC) Struggles to Initiate a Recovery - learn2trade.com
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Litecoin (LTC/USD) Struggles to Initiate a Recovery

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Azeez Mustapha

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Litecoin (LTC) Current Statistics

The current price: $82
Market Capitalization: $6.34 billion
Trading Volume: $497,689,262
Major supply zones: $84, $85, $87
Major demand zones: $77, $75, $72

Litecoin (LTC) Price Analysis December 2, 2025

From the daily chart perspective, the market appears to be attempting a recovery after a period of bearish movement, aiming to shift momentum to the upside. However, the rebound observed in today’s session does not yet reflect sufficient strength to confirm a clear bullish reversal.

That said, the market’s ability to bounce from below the $80 support level demonstrates notable bullish resilience. This area is a key support zone, and a breakdown below it could have easily triggered further sell-offs—but that did not occur. Still, the weak nature of the current recovery may be a contributing factor to the cautious sentiment seen among traders.

LTC/USD – Weekly Chart

LTC Technical Indicators Reading
Over recent weeks, the Litecoin market has exhibited substantial volatility, with price action oscillating within a wide range between $140 and the $80 support level.

Analyzing the structure of this crypto signal, bearish momentum shows clear signs of exhaustion near the $80 level. This price behavior suggests the downtrend may be concluding, potentially setting the stage for a significant technical rebound.

The resilience of this support is further underscored by the formation of a hammer-like Doji candlestick on the weekly chart. This classic reversal pattern often signals a shift in sentiment and could catalyze a strengthening of near-term bullish bias.

Litecoin (LTC/USD) Struggles to Initiate a Recovery

Conclusion

Based on the weekly and daily chart analysis, Litecoin (LTC) finds itself at a critical technical juncture. While the weekly structure reveals compelling signs of bearish exhaustion at the pivotal $80 support level—underscored by the formation of a hammer-like doji—the daily chart shows a recovery attempt that remains tentative. The market has demonstrated resilience by holding this key level, which prevented a deeper sell-off, but the current rebound lacks the conviction required to confirm a sustained bullish reversal.

Ultimately, the evidence suggests the downtrend may be concluding, setting the stage for a potential shift. However, the immediate outlook is one of cautious equilibrium. Traders should monitor for a decisive break above recent recovery highs to confirm that bullish bias is strengthening. Until then, the $80 support zone remains the critical line in the sand, where a breakdown would invalidate the emerging reversal thesis and likely renew selling pressure. Litecoin (LTC/USD) Struggles to Initiate a Recovery LTC/USD – Daily Chart
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