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Litecoin Rises but Encounters Resistance at $84

Litecoin Rises but Encounters Resistance at $84 WikiBit 2025-12-14 04:26

// Price Reading time: 2 min Published: Dec 13, 2025 at 18:07 Updated: Dec 13, 2025 at 20:14 The price of Litecoin (LTC) has moved above the 21-day SMA

Published: Dec 13, 2025 at 18:07

Updated: Dec 13, 2025 at 20:14

The price of Litecoin (LTC) has moved above the 21-day SMA support, maintaining its sideways trend. The price of Litecoin (LTC) has moved above the 21-day SMA support, maintaining its sideways trend.

Litecoin price long-term prediction: ranging

Buyers have reclaimed the 21-day SMA support; however, the bullish trend needs to continue beyond the current level. The cryptocurrency is expected to approach the 50-day SMA barrier but will face resistance at $88.

Litecoin is trading above the 21-day SMA support and has reached a high of $84. If buyers overcome the $88 resistance, the altcoin will rise above the 50-day SMA or reach the $90 high. However, if Litecoin falls below the 21-day SMA, it will decline to $80.

Technical Indicators

Resistance Levels: $100, $120, $140

  • Support Levels: $60, $40, $20

Litecoin price indicator analysis

Litecoin has recovered, trading above the 21-day SMA support but below the 50-day SMA barrier. The 21-day and 50-day moving average lines are sloping downward. The moving average lines are horizontal, and the price bars are above them. The altcoin will rise if the price bars remain above the moving average lines.

What is the next move for Litecoin?

Litecoins price is trading above the $80 support but below the $88 resistance level. The rise has been limited by resistance at $88. The extended candlestick wicks indicate strong selling pressure at the $88 high. However, bullish momentum has encountered an initial obstacle at the recent high.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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