Litecoin predictions for today, February 24 – Insidebitcoins

Litecoin (LTC) is under pressure because the broader market remains landmark, which limits any signs of recovery. With a resistance of $ 147 and support at $ 102, its next step will depend on the market morale. Will LTC decrease, or can buyers regain control?

Main statistics ltc

• The current price: 122 dollars
• The maximum market: 9.30 billion dollars
• Trading volume (24 hours): 843.8 million dollars
• Trading offer: 75 million LTC
• Total offer: 84 million LTC
• CoinMarketCap: #15

Over the past thirty days, Litecoin has decreased by 11.85 % from its peak, however it has been impressive – as it occupied 43.44 % of its lowest point. Last week alone, 2.04 % remains higher than its last bottom, exposing flexibility amid market fluctuations.

LTC/USD Market

Keys levels

• resistance: $ 123, 143 dollars, 147 dollars
• Supports: 102 dollarsand $ 95, $ 75

Litecoin (LTC) is currently trading at $ 122, which suffers from a 5.74 % sharp decrease with broader market morale. The price remains within the Keltner channel, where the midfield works as an immediate resistance. If the declining pressure persists, the LTC can slip towards the main support at $ 102, with an expanded shrinkage of $ 95. The deepest correction may lead to a 75 -dollar level test, especially if the sale momentum is intensifying all over the encryption market. However, if LTC finds stability above $ 123, the short -term relief pool can pay it to $ 143, with $ 147 as a large resistance barrier.

The MACD chart shows a weak momentum, which enhances the total uncertainty in the market. If LTC fails to restore $ 123, it risks prolonged monotheism or the additional negative side movement. A decisive break may lead to less than $ 102 to increase the sale pressure, leading to low prices in compliance with the wider market direction. On the other hand, if buyers regain confidence, the step of more than $ 123 may indicate an attempt to recover the lost land. However, with the prevailing landmarks, cautious trading is still recommended.

Will Litecoin overcome the $ 147 barrier amid uncertainty in the market?

Litecoin’s journey was met towards $ 147 resistance at a frequency because the broader market weakening is heavily momentum. Although recent attempts to pay up have faced pressure for sale, a decisive break higher than the main resistance areas can calm the way for an extended match. The path stops to $ 147 on moderate obstacles, and without a strong emerging condemnation, LTC risk sliding towards low support levels. However, the ongoing batch that goes beyond this barrier can convert feelings in favor of bulls, which is a opening room to achieve more gains.

The price of Litecoin (LTC) may explode in March

Basically, the reliability and efficiency of Litecoin continues to support its long -term outlook, but external factors still have a major effect. The current feelings of the risks in the encryption space have made it difficult for LTC to keep upward movements, making merchants cautious. However, in the event of the improvement of market conditions – whether by Bitcoin recovery or renewable institutional interest – you may find Litecoin the momentum needed to challenge and exceed the $ 147 barrier. Until then, patience and accurate monitoring of the market signals will be necessary.

LTC/BTC Performance Performance

The daily LTCBTC Litecoin displays a resistance facing near 0.001461 BTC after a fixed trend within Keltner. The pair is currently trading at 0.001284 BTC, which reflects a 4.75 % decrease. Despite the drag of prices, LTC is still higher than the main support levels at 0.001271 BTC and 0.001087 BTC. The MACD graph is flat, indicating poor momentum ascending. If LTC maintains support at 0.001271 BTC, it is possible to recover towards the last altitudes; Otherwise, the collapse below can display a decrease of 0.000818 BTC.

Satoshi Sniper, a prominent analyst with more than 100,000 followers on X (Twitter), noted that Litecoin seems to form a cup and pattern, which is generally a bullish indicator. According to the analyst, this structure indicates the possibility of ascending outbreaks, which may lead to prominent prices if confirmed. The effects of Litecoin are that traders may expect a continuation of its upscale pen, making it one of the main assets of viewing in the near term.

$ Ltc analysis

Litecoin creates a cup and a pattern handle, which is a bullish structure that indicates a possible outbreak! 📈🚀

📈 Market expectations – a successful collapse may lead to great gains, in the wake of the upward trend.

Watch Litecoin! pic.twitter.com/kir2ft4cfw

– Satoshi Sniper (satoshisniper_)) February 23, 2025

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