Litecoin (LTC) is trading at $ 93.32 with an increase of 1.27 % in the last 24 hours, which shows a modest recovery. Getting the market value of $ 7.06 billion is still being held among the 20 best encrypted currencies.
Trading volume increased by 70.38 % to 460.68 million dollars in the last day.
Litecoin Technical Analysis
Litecoin has moved up as shown in the graph for 4 hours, starting from about 10 March and showing a mixture of bullish direction and homogeneity. After March 10, it moved from $ 95 to $ 89, then moved back forward, which created a new style to create low levels at about $ 87, 83.54 dollars (S2).
The upper boundaries of the rising triangle were created at $ 95.03 (R1), where the price has been rejected several times. On the graph for 4 hours, LTC graduated from an ascending triangular style, indicating a momentum in the potential upward trend if the bulls maintain control.
The price creates the lowest levels inside the upward triangle with resistance near 93.98 dollars. The collapse above this area will probably lead to a continued rise in the following pivot levels.
The first resistance level depends on LTCS at R1 ($ 95.03), while additional resistance levels are located at R2 ($ 98.58), R3 ($ 102.55), R4 ($ 106.53), and R5 ($ 110.51). LTC also has some important support in the rising trend line more specifically in S1 ($ 87.51), S2 ($ 83.54), S3 ($ 79.9).
MACD A. The upscale ascending crossingsWith the MACD line (0.23) over the signal line (0.09), indicating a strong upward momentum. In addition, the growing graph bars reflect the increase in purchase pressure to support the possibility of outbreak.
Litecoin price goals
If LTC collapses over $ 95.03, we can see her pressing about $ 98.58 (R2) and eventually $ 102.5 in the next sessions. If the price drops below the targets of the S2 bullish line at $ 83.54, the S1 will be expected at $ 87.51 if we see enough sale.
The budget operators of LTC
The LTC’s open interest is currently about $ 479.96 million, steadily climbing since mid -March. This height supports the scenario of penetration, as it indicates the increasing participation and stakes of benefit.
Both Vaneck and BitWise expressed his interest in adding Litecoin to the investment funds circulated in the future encryption basket, especially after Etfs Sot Pot obtained regulatory approval in early 2025.
