Litecoin just dropped back to an important price level, making traders wonder where it’s headed next. Crypto analyst InvestingHaven pointed out on X (formerly Twitter) that LTC’s price fell between $99-$109, which they see as a key support level through 2025.
For LTC to keep climbing, it needs to stay above this range. The next big hurdle sits at $132.23. This price action could really shape where Litecoin goes from here, as InvestingHaven mentioned in his recent tweet.
Looking at the chart, you can see how LTC has moved over time, where it stands now, and what might come next. The key is watching these support and resistance levels – they’ll probably determine which way the price breaks.
Litecoin’s price went through several ups and downs, with prices falling steadily from 2018 to 2020. During this period, the token faced declining resistance lines that suppressed upward movements. This changed dramatically during the 2020-2021 period when LTC broke past its resistance and surged to a peak near $415.
However, this rally was followed by a steep correction from 2021 to late 2022, during which Litecoin consolidated in the $50-$100 range. In 2023, the token began breaking out of its consolidation phase, surpassing long-standing resistance trendlines and regaining upward momentum. This movement has been interrupted by the recent pullback to the current support zone, a level that coincides with historical price clusters and previous resistance points turned support.
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What you'll learn 👉
Key Levels of Support and Resistance
The $99-$109 support zone is considered a critical area for Litecoin’s price stability, as noted in the chart analysis. This level aligns with historical data and has emerged as a foundation for the token’s potential bullish trajectory. Below this zone, another support level is identified near $80, which corresponds to previous periods of consolidation.
On the upside, the next resistance level stands at $132.23, which could act as a short-term target if the support zone holds. Beyond this, a longer-term 2025 target zone is marked between $175 and $200, reflecting potential stretched bullish scenarios if upward momentum resumes.
Outlook Based on Current Price Action
Looking at recent price movements, Litecoin is at an important turning point. According to InvestingHaven, if it can stay above current support levels, the outlook for 2025 remains positive. If LTC’s price remains above this range, the next potential move could target $132.23, with further possibilities of reaching higher levels in the future.
The price’s ability to sustain this zone will determine whether Litecoin can continue its recovery or face deeper corrections. Market participants are closely watching this range, as it will likely define the trajectory of LTC’s price in the coming years.
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