CoinIdol - 11/2/2025 9:29:46 PM - GMT (+0 )
The price of Litecoin has retraced above the 21-day SMA support after breaking above the moving average lines. LTC price analysis by Coinidol.com.
Litecoin price long-term prediction: bullishOn October 28, the LTC price rose above the moving average lines but was halted by the 50-day SMA. The LTC price faced resistance and fell sharply, remaining above the 21-day SMA.
Bulls and bears are contending above the 21-day moving average. If the price falls below the 21-day SMA support, Litecoin will return to its range above the $88 support but below the $100 resistance. If buyers break above the 50-day SMA barrier, Litecoin will revisit its previous high of $135. At the time of writing, Litecoin is valued at $96.28.
Technical Indicators-
Resistance Levels: $100, $120, $140
-
Support Levels: $60, $40, $20
The cryptocurrency price is slightly above the 21-day SMA support but below the 50-day SMA barrier. On October 28, the long candlestick wick indicated strong selling pressure at the 50-day SMA. The moving average lines are flat, signalling a sideways trend on the 4-hour chart. The price action is characterised by small, indecisive candlesticks known as Dojis.
LTC/USD daily chart - November 1, 2025
What is the next move for Litecoin?The price of Litecoin has remained stable as Doji candlesticks have formed. On the 4-hour chart, the altcoin is currently range-bound, trading above the $90 support and below the $105 resistance. Today, the cryptocurrency is gaining but has stalled at the moving averages. If the altcoin breaks above $105, it will regain bullish momentum.
LTC/USD 4-hour chart - November 1, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
read more


