Litecoin Stabilizes Above $94 as It Loses Vital Support

Key Highlights

Litecoin declines and stalls above $94
The  altcoin risks further decline

Litecoin (LTC) Current Statistics

The current price: $95.88
Market Capitalization:  $7,278,123,767.53
Trading Volume: $409,334,449.07
Major supply zones: $100, $120, $140
Major demand zones: $80, $60, $40

Litecoin (LTC) Price Analysis May 28, 2025

The price of Litecoin (LTC) falls from the peak of $106 as it loses vital support. The crypto prices are consolidating above the $94 support as they trade between the moving average lines. Litecoin is below the 21-day barrier and above the 50-day SMA support. The cryptocurrency asset will fall significantly, hitting the bottom above the 50-day SMA support or the $88 low, if it faces rejection at the 21-day SMA.

The altcoin will be stuck between the moving average lines for a few days. The altcoin will continue its downward trend to the low of $68 if it falls below the moving average lines. Today, the price of Litecoin is $95.51.

Litecoin (LTC) Technical Indicators Reading

The lines of the moving average have been crossed by Litecoin. It is suggested that Litecoin will resume its bullish trend when it crosses the 21-day SMA level. Similarly, the altcoin will drop below the moving average if it breaks below the 50-day SMA support. The altcoin is consolidating above the $94 support, which is where the Doji candlesticks are seen.

What Is the Next Move for Litecoin?

Litecoin has been compelled to drift sideways as it loses vital support. Since May 23, Litecoin has been stabilizing above the $94 support. The altcoin will remain stuck between the moving average lines and keep trading sideways. Litecoin’s 4-hour chart shows a downward trend. There have been a number of lower highs and lows for the price of cryptocurrencies. For the past week, the decline has halted above the $94 support.

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