Litecoin's technicals may keep bears at bay

Litecoin has lost another 5% of its value.
Technical setup points out to mild recovery.

Tanya Abrosimova Independent Analyst

Litecoin is changing hands at $28.35, down over 5% in the recent 24 hours. A sell-off on the cryptocurrency market dragged the coin into the bearish trend amid low market liquidity and high level of uncertainty. LTC/USD has lost over 23% from the recent peak reached at $37.12 during the Santa's rally.

Litecoin's technical picture

On the intraday level, LTC/USD broke below the short-term downside channel, so that its lower border now serves as a resistance level on approach to $28.50. Once it is cleared, the upside may be extended towards $$29.00 and $29.85 (SMA50, 1-hour). Also, strong hurdle lies with the psychological $30.00 followed by the upper border of the said channel at $0.3030.

On the downside, if $28.00 gives in, the sell-off may continue towards the recent low of $27.80 and to $25.00. However, considering that Relative Strength Index and Momentum Indicator are starting to reverse higher, the bears might have a hard time pushing the coin below the local support levels.

LTC/USD, 1-hour

Author

Tanya Abrosimova

Independent Analyst

XRP holds $1.40 amid ETF inflows and stable derivatives market

Ripple trades under pressure, with immediate support at $1.40 holding at the time of writing on Tuesday. A recovery attempt from last week’s sell-off to $1.12 stalled at $1.54 on Friday, leading to limited price action between the current support and the resistance.

Crypto Today: Crypto market holds $2.4 trillion as bearish sentiment persists around Bitcoin, Ethereum, XRP

The Crypto King, Bitcoin, is constrained below $70,000, with the price holding around $69,000. Altcoins, including Ethereum and Ripple, exhibit technical weakness but are holding above key support levels at $2,000 and $1.40, respectively.

Aster tests resistance as whale activity, perpetuals volume surge

Aster (ASTER) edges higher by over 7% at press time on Thursday, crossing above its 200-period Exponential Moving Average (EMA) on the 4-hour chart while testing a long-term resistance trendline on the daily.

Bitcoin slips below $69,000 as crypto market shows cautious stabilization

Bitcoin price is nearing the lower consolidation boundary, trading below $69,000 at the time of writing on Tuesday. A breakdown below this key level would suggest a correction toward $60,000. However, institutional and corporate demand support a short-term stabilization in BTC.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.