Published date: March 13, 2026 12:57
Updated: March 13, 2026 13:08
Litecoin (LTC) price is stable above the $50 support and below the $57 resistance or 50-day SMA barrier.
Long-term prediction of Litecoin price: range
Doji candlesticks have appeared and the price of the cryptocurrency is consolidating within a narrow range. The price stopped twice at the $57 barrier. After being rejected twice at the recent highs, the price fell below the 21-day SMA support.
However, bulls and bears are fighting for control of the price at the 21-day SMA wall. Whenever the bulls cross the 21-day SMA barrier, the bears push the price below the moving average. Today, the bears pushed the price below the moving average for the third time. Current LTC price is $56.13.
Technical indicators:
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Resistance levels – $100, $120, $140 -
Support levels – $60, $40, $20
Litecoin indicator analysis
Although the moving average is horizontal, the price is fluctuating above and below the 21-day SMA support, indicating a sideways trend. If the LTC price remains above the 50-day SMA barrier, the bullish trend will resume. On the 4-hour chart, the price bar is located between the two moving averages, suggesting that Litecoin will continue to move within a range.
What will be the next move for Litecoin?
Litecoin is trapped between the moving averages on the 4-hour chart. An altcoin becomes trending when it breaks the 21-day SMA support or the 50-day SMA barrier. Currently, the price of the cryptocurrency is falling after reaching the 50-day SMA barrier. On the downside, if the bears break below the 21-day SMA support, the altcoin will fall to a low of $52.50.
Disclaimer. This analysis and forecast is the author’s personal opinion. The data provided was collected by the creator and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrencies and should not be considered an endorsement by Coinidol.com. Readers should do their research before investing in a fund.
