|

Litecoin Technical Analysis: LTC/USD sustains uptrend despite intraday losses

  • Litecoin bulls depend on the support at $60 and the ascending trendline to continue with the uptrend from July.
  • LTC/USD could embrace consolidation in the near term especially if the RSI holds above the midline.

Litecoin like Bitcoin and other major cryptocurrencies is in the red on Tuesday. These losses are happening after LTC/USD hit a wall at $70 towards the end of last week. The weekend session was dominated by losses as the bulls scuffled in the search for key support area. At the time of writing, Litecoin is trading at $60.43. Its immediate downside is supported by an ascending trendline.

Losses are likely to continue in the near term as observed using the RSI and the MACD. The latter is diving towards the mean line while featuring a bearish divergence. Similarly, the RSI is inching closer to the midline.

If support at $60 holds, there is a chance that a reversal would take place. On the upside, resistance should be expected at $65 and $70 respectively. Looking at the moving averages, LTC/USD is still in the hands of the bulls, except that they do not have the volume to pull above $70. Such a move would see buyers shift their focus to $80 and later to $100.

LTC/USD daily chart

BCH/USD price chart

Author

John Isige

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

More from John Isige
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe recover, echoing Bitcoin rebound

Dogecoin, Shiba Inu, and Pepe are trading mixed as Bitcoin records minor gains on Monday, warming sentiment across the broader cryptocurrency market. Still, the incipient recovery in Dogecoin, Shiba Inu, and Pepe remains fragile amid the prevailing downtrend.

Bitcoin consolidates as downside risks persist

Bitcoin has made only three wave rallies from the November lows, which is one of the most important indications that more weakness may still lie ahead.

Polkadot's (DOT) dips, with token underperforming wider crypto markets

DOT $1.8269 fell 2% to $1.84 over the last 24 hours. Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to CoinDesk Research's technical analysis model.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.