
Litecoin continues to exhibit strong range-bound behavior, trading between clearly defined resistance at $85.10 and support near $83.30. Multiple breakout attempts have failed on both ends, with RSI consistently swinging between overbought and oversold zones. MACD has provided frequent Death Cross signals, but none have translated into sustained trends. Instead, each breakout has quickly reversed, leading to further consolidation. This repeated rejection from key levels confirms Litecoin is locked in a tight trading structure. Traders are now watching closely for a confirmed move that can finally break the cycle and shift momentum in a clear direction. Let’s look at Litecoin price analysis to see support and resistance levels as LTC currently trades at $82.00.
Litecoin Price Analysis for April 24, 2025
Litecoin shows extreme trading range behavior, developing a strong resistance at $85.10 and support at $83.80 and $83.30. At 01:05 UTC, the LTC price moved to the resistance level of $85.10. In the meantime, RSI gave an overbought market signal, and the price dropped to the support level of $83.30. Again, price reached the resistance area of $85.10 at 05:00 UTC but failed to break the resistance and dropped to the level of $83.80, developing support there. Again, price tested the resistance level of $85.10, but this time also failed to break it and dropped to the support level of $83.80.
Chart 1: Analysed by vallijat007, published on TradingView, April 24, 2025
After meandering two or three times between the support and resistance, Litecoin broke the support at 15:10 UTC, supported by a Death Cross of MACD, but the Litecoin breakout failed and soon reversed to the upside. Litecoin made another attempt at 19:00 UTC; the Litecoin price broke the support and formed a spike but failed to form a downward channel. Instead, it formed an upward-moving channel. Litecoin continues to show extreme trading range behavior with strong support and resistance levels, making it hard for the Litecoin price to form any trend.
Litecoin Price Prediction: What’s Next for Litecoin
Yesterday’s upward-moving channel broke to the downside on 24th April at 02:45 UTC, supported by a Death Cross of MACD. LTC price fell to the downside, marking the day’s low at $81.70. In the meantime, RSI dropped below 30, indicating oversold market conditions, and Litecoin again spiked to the upside. The previous day in Litecoin was a trading range day, which may also continue today. Litecoin needs a strong breakout above the level of $85.10 or below the low of $81.70 to form a strong trend.
Trend Awaits, Range Still Rules
Litecoin remains range-bound, with the LTC price between $85.10 and $81.70. The latest attempt to break the upper boundary failed, and a Death Cross in MACD triggered a downside move, briefly marking a new session low. However, RSI quickly signalled oversold conditions, prompting a bounce. This behavior highlights the lack of conviction in either direction. Litecoin needs a confirmed breakout above $85.10 or a breakdown below $81.70 for a trend to establish. Until then, traders should avoid chasing false Litecoin breakouts and rely on range strategies supported by RSI and MACD confirmation within this well-defined zone.