After an impressive rally that pushed prices close to $100, Litecoin (LTC) has stumbled, shedding nearly 12% as bearish momentum grips the broader crypto market.
The sudden pullback has caught traders off guard, igniting debate over whether this is a healthy correction or the start of a deeper decline. As the Litecoin price hovers near $87, attention is turning to critical support levels that could determine its next move—with many eyeing the $78 zone as a possible downside target.
Litecoin’s recent breakdown below an ascending channel structure has amplified near-term selling pressure. Market analysts note that the coin’s failure to hold the midline support around $86 reflects waning buyer strength. On the 4-hour chart, LTC now trades below the 9-period exponential moving average (EMA) near $89—a sign of short-term weakness. Additionally, declining trading volume underscores the lack of conviction from bulls, leaving the market vulnerable to further dips.
Key Support Levels: $82 and $78 Under the Spotlight
The next critical regions to watch are $82 and $78, both acting as potential demand zones that have historically triggered rebounds during past corrections. Price action below support and the 9-period EMA at $89 indicates a weakened market structure, suggesting that Litecoin could drift lower before finding stability.
Litecoin (LTC) has broken below its ascending channel on the 4H chart, confirming bearish momentum with potential downside targets at $82 and $78 unless it reclaims support near $86. Source: @alphacryptosign via X
While this setup looks bearish, some traders anticipate a short-lived bounce before the price tests deeper support. Momentum oscillators such as the Relative Strength Index (RSI) are approaching oversold territory, hinting at a potential technical recovery. Still, for bulls to regain control, LTC must reclaim the $89–$90 resistance range—a zone that has repeatedly capped upward attempts. Until that happens, the market’s short-term outlook remains cautious, with $82 and $78 standing as pivotal levels for the Litecoin price prediction today.
Long-Term Structure Shows Resilience Beneath the Surface
Beyond the short-term volatility, long-term Litecoin supporters point to a broader symmetrical triangle pattern that has been forming over the past eight years. Built upon an 11-year
ascending trendline, this formation may reflect a period of consolidation rather than a bearish reversal. Technical researcher Thomas Bulkowski’s data show that such triangles resolve upward in 54% of cases when aligned with macro uptrends.
The analyst predicts Litecoin (LTC) will trade significantly higher by the end of November, emphasizing a chart-focused, emotion-free approach. Source: @iambusinessdad via X
This historical insight offers hope for Litecoin’s long-term prospects. If the pattern plays out similarly to the post-2017 accumulation phase, LTC could stage a powerful rally in the coming quarters. Some Litecoin predictions suggest potential retests of the $105 resistance area and beyond, contingent on stronger market sentiment and renewed liquidity inflows.
Institutional Interest and ETF Inflows Offer a Silver Lining
Despite the current downtrend, Litecoin continues to attract steady institutional attention. Recent data reveal roughly $855,000 in net inflows into Litecoin-linked exchange-traded products (ETPs), signaling that large investors still view the asset as a credible mid-cap alternative in the crypto space.
The post dismisses bearish takes on Litecoin’s 11-year trendline and 8-year triangle as overly pessimistic and unfounded. Source: @ToadTelegraph via X
This uptick in institutional exposure has reignited discussions surrounding a potential Litecoin ETF, which could provide regulated investment access to a wider audience. Analysts note that consistent inflows, even during market weakness, often precede larger cyclical rebounds. Combined with Litecoin’s established network, transparent supply, and periodic Litecoin halving events, the asset remains a cornerstone among long-standing cryptocurrencies.
Outlook: Can Litecoin Hold the Line or Is $78 Inevitable?
For now, traders are closely monitoring the $82 and $78 levels as immediate supports. A breakdown below these areas could deepen losses toward the low $70s, while a move above $90 might signal a short-term reversal.
Litecoin was trading at around $87.00, down 2.83% in the last 24 hours. Source: Brave New Coin
As volatility persists, Litecoin’s next move will depend on how it reacts to these key thresholds. Whether $78 becomes a temporary stop or a springboard for recovery, the coming days may define the broader LTC price prediction 2025 outlook. For now, Litecoin stands at a critical crossroads—and all eyes are watching to see which way the next candle closes.
Source: https://bravenewcoin.com/insights/litecoin-ltc-price-prediction-litecoin-drops-12-from-highs-is-78-the-next-stop
