Litecoin isn’t the market favorite it once was. Since the beginning of the year, the price has dropped more than 36%, sliding to around $45 before showing signs of life during the recent market bounce. Even with that recovery, LTC price
Momentum indicators reflect indecision. The MACD is flattening near the zero line, showing weakening bearish pressure but no strong bullish expansion yet. Meanwhile, RSI hovers around the mid-40s to 50 region, signaling neutral momentum without clear dominance. If bulls manage a clean breakout above $56 with volume, LTC could target $61–$62 next. On the downside, a breakdown below $49 would invalidate the structure and expose $45 support. The Litecoin price is sitting at a make-or-break level. The structure still favors a potential upside breakout, but momentum hasn’t fully confirmed it yet. As long as the price continues to defend the rising trendline near $49–$50, bulls retain a short-term edge. A decisive move above $56 could quickly shift sentiment and open the path toward $61 and possibly $65 if follow-through builds. However, failure to hold the trendline would weaken the setup significantly. A breakdown below $49 would likely trigger renewed selling pressure, dragging LTC back toward $45. For now, patience is key—the next breakout or breakdown should define Litecoin’s direction for the coming sessions.The Bottom Line
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