Litecoin Pauses Above $85 as It ReachesBearish Exhaustion

Key Highlights

Litecoin has reached bearish exhaustion
Litecoin may hold above the critical support

Litecoin (LTC) Current Statistics

The current price: $88.85
Market Capitalization:  $6,712,238,369.86
Trading Volume:  $498,999,369.68
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis March 14, 2025

Litecoin’s (LTC) price falls below the moving average lines as it reaches bearish exhaustion. Litecoin fell to a low of $83 on March 11 before rising again. The cryptocurrency asset was repelled at the $93 high, indicating that the upward correction was unsuccessful. Litecoin is trading below the moving average lines but above the $85 support.

On the downside, Litecoin will rise and return to its prior highs if the $85 support holds. However, Litecoin will drop lower to the lows of $80 and $71 if the bears break below the $85 support. The current value of Litecoin is $89 as of this writing.

Litecoin (LTC) Technical Indicators Reading

The price bars are below the horizontal moving average lines, which are sliding downward. The bearish trend is indicated by the moving average lines. Doji candlesticks appeared on the 4-hour chart as the bearish momentum stalled above the $85 support.

What Is the Next Move for Litecoin

The negative momentum has slowed above the $85 support as it reaches bearish exhaustion. The 21-day moving average line has repulsed the rising price trend. Litecoin will keep declining if it doesn’t surpass the 21-day SMA. The crypto signal will be negative if it falls below the $85 support. The situation will be reversed if the bulls defend the $85 support.

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