Litecoin Struggles With Resistance Above the $80 Mark - learn2.trade.com
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Litecoin (LTC/USD) Struggles With Resistance Above the $80 Mark

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Azeez Mustapha

Updated:

Litecoin (LTC) Current Statistics

The current price: $83

Market Capitalization: $6.3 billion

Trading Volume: $434 million

Major supply zones: $90, $95, $100

Major demand zones: $75, $70, $65

 

Litecoin (LTC) Price Analysis January 6, 2026

In our previous analysis, we anticipated that Litecoin would break above the $80 price level, a move that has since materialized in the new year. Price action successfully pushed through this critical threshold; however, upside progress has been limited as traders began to show caution around the $85 level, which now acts as a nearby resistance. Holding above the $80 support zone remains crucial for the continuation of the bullish recovery. As long as bulls maintain control around this level, the market may either consolidate above $80 or attempt a further breakout to the upside.

Litecoin (LTC/USD) Struggles With Resistance Above theMark

LTC/USD – Weekly Chart

LTC Technical Indicators Reading

Based on the indicators used in this analysis—namely the Bollinger Bands and the Relative Strength Index (RSI)—the market remains largely in a consolidation phase. Litecoin price action continues to oscillate around the $80 level, which currently serves as an equilibrium zone. While bulls appear to have a slight upper hand, the RSI reading near 55 still reflects neutral market momentum. A shift in conditions could occur if the price surges decisively above the $85 level, which would likely signal renewed bullish strength.

Conclusion

Litecoin remains largely in a consolidation phase, despite the slight bullish momentum introduced in the new year that has pushed the price above the $80 level. However, growing trader caution near the $85 resistance suggests that consolidation may persist. Market participants are closely watching for a decisive breakout above the $85 level, which would help clarify the next directional move

Litecoin (LTC/USD) Struggles With Resistance Above theMark

LTC/USD – 4 Hour Chart

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