Litecoin Retraces but Remains above $110

Key Highlights

Litecoin’s bearish momentum stalls above $106
Litecoin restarts its recovery above $110

Litecoin (LTC) Current Statistics

The current price: $113.44
Market Capitalization: $8,648,996,358.05
Trading Volume: $594,957,943.63
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis August 28, 2025

Litecoin (LTC) falls below the moving average lines but remains above $110. The price returned above the 50-day SMA as bulls capitalized on the losses. Bears, on the other hand, have refused to give up as the price tussle continues above the 50-day simple moving average. If the bears are successful, Litecoin will fall to a low of $92.

However, if the 50-day SMA support holds, Litecoin’s recovery will restart. It will hit a high of $123 after breaking above the 21-day SMA. A break above the 21-day SMA will catapult Litecoin back to its prior high of $133. As of this writing, Litecoin is worth $113.

Litecoin (LTC) Technical Indicators Reading

The bulls and bears are battling above the 50-day SMA support. The crypto price fell below the 50-day SMA support but was unable to sustain its negative momentum. It is now the bulls’ chance to attempt to drive the price above the 50-day SMA. On the 4-hour chart, the price bars are lower than the moving average lines, indicating a current fall.

What Is the Next Move for Litecoin?

Litecoin’s selling pressure stalls above the $106 support level but remains above $110. The upward correction is being repelled by the moving average lines. The cryptocurrency price is oscillating below the 21-day SMA barrier, as buyers try to push it above the moving average lines. Litecoin risks falling below the $106 support if it turns down from the moving average lines.

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