Skip to content
LTC

Litecoin Risks Declining as It Falls From the $80 Barrier

Article Rating:
Based on 1 vote
Login to rate this article.
Litecoin Risks Declining as It Falls From the $80 Barrier

Key Highlights

Litecoin rallies to $80 high
Litecoin is in a range

Litecoin (LTC) Current Statistics

The current price: $78.11
Market Capitalization:  $5,896,653,453.26
Trading Volume: $345,248,785.75
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis April 15, 2025

The price of Litecoin (LTC) is stalled at the recent high as it falls from the $80 barrier. The crypto price has been trading below the most recent high since April 12 in anticipation of a bullish trend. The 21-day SMA barrier or the resistance at $80 is being retested by the cryptocurrency price today. The altcoin will ascend to the 50-day SMA or the $95 high if it breaks above the 21-day SMA barrier.

The selling pressure will resume if the cryptocurrency asset declines below the 21-day SMA threshold. Litecoin is going to drop and go back to its prior low of $66. If the market continues to decline, the bearish momentum might reach the bottom of $55.92 or the Fibonacci extension level of 2.618. The current value of Litecoin is $77.75 as of this writing.

Litecoin Risks Declining as It Falls From the $80 Barrier
LTC/USD – Daily Chart

Litecoin (LTC) Technical Indicators Reading

The price bars on the 4-hour chart are situated above the lines of the moving average. Although Litecoin was predicted to increase, the resistance at $80 prevented it from doing so. The long candlestick wicks at the latest high indicate strong selling pressure at the $80 high. The price bars on the daily chart are beneath the lines of the moving average. The price bars’ resistance line is the 21-day SMA.

What Is the Next Move for Litecoin

The 4-hour chart shows that Litecoin is trading in the positive trend zone as it falls from the $80 barrier. It oscillates above the moving average lines but below the resistance at $80. The bullish rise will start when the cryptocurrency asset’s price retraces and remains above the moving average lines. However, when the price of Litecoin drops below the moving average lines, it will lose value.

Litecoin Risks Declining as It Falls From the $80 Barrier
LTC/USD – 4 Hour Chart

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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9