Litecoin (LTC) Price Overview

Litecoin (LTC) price has been quietly consolidating beneath key moving averages, suggesting a significant move is imminent. As of June 16, 2025, LTC price is trading around $86.64 with some strength; however, traders remain cautious due to resistance levels above. Let’s explore the daily and hourly charts to analyze what lies ahead and assess the breakout potential.

Litecoin Price Prediction: Is LTC Price Preparing for a Reversal?

LTC/USD 1 Day Chart

The daily chart indicates that Litecoin recently bounced from the $80 support level and is currently trading just below a critical resistance zone between $87 and $89, which aligns with the 20-day and 50-day simple moving averages (SMAs). The 100-day and 200-day SMAs are still positioned above the current price at approximately $88.33 and $101.69, respectively, providing additional resistance.

From a Heikin Ashi perspective, there is a gradual transition from bearish to smaller-bodied candles, suggesting a loss of selling momentum. However, a definitive bullish reversal pattern has not yet been confirmed. A breakout where LTC holds above $89 on high volume could lead to a swift increase to the $96–$100 range.

Hourly Chart Insights

On the 1-hour chart, Litecoin’s price is consolidating in a tight range between $86 and $87.50. The short-term SMAs (20, 50, and 100 SMA) have flattened, with prices marginally above them, presenting a potential bullish crossover. The 200 SMA at $87.97 represents the primary short-term obstacle.

If LTC breaks past the 200 SMA and confirms the breakout with a retest, we could anticipate a speedy ascent to $92, where historical hourly resistance is found. Beyond that, $96 and $100 serve as next Fibonacci extension targets.

Fibonacci Levels Analysis

The daily chart indicates Fibonacci levels drawn from the previous high near $112 to the recent low at $72. Key levels to monitor include:

• Fib 0.382: around $88.50 (very close to current resistance)
• Fib 0.5: approximately $92.00
• Fib 0.618: around $96.00

A breakout above $88.50 maintained above $92 would signify a medium-term trend reversal and attract larger bulls.

Utilizing Fibonacci target calculations, the potential gain can be estimated:

If LTC surpasses $88.50 (Fib 0.382) and moves to $96.00 (Fib 0.618):
Gain = (96 – 88.50) / 88.50 = 7.5 / 88.50 ≈ 8.47%
This illustrates a healthy short-term opportunity, assuming supporting volume accompanies the breakout.

Consideration of Downside Risks

There is downside risk; if Litecoin cannot exceed $88.50 this week, sellers may resurge towards $80. A daily close below $80 could result in a decline to $72 or even $65, identified by lower Fibonacci retracements and past price congestion areas.

The 200-day moving average at $101 remains significantly above the current price, indicating that Litecoin is still technically in a downtrend. A breakout needs confirmation on higher timeframes to validate a macro recovery.

Litecoin Price Prediction: Bullish or Bearish?

In the short term, Litecoin appears neutral-bullish, showcasing initial signs of strength on the hourly chart. However, the crucial test lies around breaking above the $88.50–$89.00 resistance zone. If successful, targets of $92 and $96 could become attainable. A retest of $100 will likely only occur if BTC stays above $70K and general altcoin sentiment improves.

Conversely, failure to breach resistance could push LTC price back down to $80 or lower. Traders should closely observe volume changes and the daily close over the next 2–3 sessions.

Final Thoughts

A breakout above $89 could spur a rise to $96–$100, while setbacks at current levels may lead LTC back down to $80 or lower. The next 48 hours will be vital.