Litecoin (LTC) is again drawing the attention of the market but the reason is not its rapid rise; rather, it is the fact that the coin is resisting the pressureLitecoin (LTC) is again drawing the attention of the market but the reason is not its rapid rise; rather, it is the fact that the coin is resisting the pressure

Litecoin(LTC) Bulls Challenge Fear: Jan 17 Eyes 14% Surge

  • Litecoin (LTC) is experiencing pressure in trading as crypto market is taken over by fear and the technical indicators show a downward trend.
  • The past strength is the opposite of the present weakness, as the long-term moving averages of Litecoin are still signaling upward direction.
  • The importance of short-term price levels is highlighted by the fact that Litecoin is situated between major support and resistance areas.

Litecoin (LTC) is again drawing the attention of the market but the reason is not its rapid rise; rather, it is the fact that the coin is resisting the pressure of a market that is nervous. LTC, which is currently priced at $76.09, has a daily trading volume close to $889 million and a total market capitalisation of $5.83 billion.

The coin’s value has decreased by 2.71% over the past 24 hours. The sentiment is mainly dictated by fear. Currently, the Fear and Greed Index shows 17, which is very much into the extreme fear zone. This market is not in a hurry to get hyped. Instead, it is very much watching.

Source: CoinCodex

Litecoin’s history has been full of ups and downs. Its all-time high was reached in May 2021 at a whopping $410.76. On the other hand, in the beginning of 2015, it was drastically undervalued at only $1.11. After hitting the last cycle low of $40.47, it went up to the level of $146.23. The current price is more or less in the middle of that range.

It is important, though, because it shows that the market is not going to give up and it is going through a period of consolidation.

Litecoin’s circulating supply is 76.64 million coins, gradually approaching the maximum limit of 84 million. Annual inflation is at a very low level of 1.81%. However, in a market where scarcity is highly appreciated, this arrangement still gives an advantage to LTC.

Also Read: Litecoin (LTC) Shows Cautious Gains as Market Watches Potential Move Toward $96

Litecoin price action reflects fear, not failure

Litecoin has indeed had a rough run, but the situation is not as dire as it may seem. The last 30 days of market data indicate that Litecoin had 10 days when it went up, and the volatility rate was 4.65%. The weekly price range was slightly above 6% in the negative direction.

However, the retracement seems heavy but is well within control. The Relative Strength Index (RSI) is showing 36.99 at the moment. This indicator is suggesting that LTC is very close to being oversold, but not to the point where panic selling occurs.

Source: CoinCodex

There is support at $73.95, $71.91, and a strong backing at $68.55. Resistance is at $79.36, then comes $82.72 and $84.76. These levels are the ones where the fight is happening. A breakthrough through resistance can quickly change the mood. A decline in support would demand patience.

Source: CoinCodex

Correlation brings an extra dimension into the picture. Litecoin has a close relationship to the movements of Bitcoin, Solana, Dogecoin, and Chainlink. When the major cryptocurrencies change their positions, Litecoin pays attention. This association makes LTC a player in the market even during the time of the broader market shifts.

Source: CoinCodex

Litecoin outlook leans bearish but hints at recovery

Technical indicators are mostly bearish. Among the 28 signals, 26 are downside signals. Still, the longer-maturity averages show a less volatile picture. The average price of 50 days (SMA) is assumed to be around $84.99 by the middle of January 2026. The average price of 200 days (SMA) may go up to $103.17 in the same period.

Source: CoinCodex

Price expectations propose Litecoin to soar 14% to $86.40 by 17th of January, 2026. In 2025, the coin would have an average price of around $81.95 with a minimum price of $75.77 and a maximum of $90.52. This fluctuation indicates gradual recovery, not sudden massive rise.

Source: CoinCodex

The history supports the idea of being patient. LTC’s most profitable year produced a return of 5,248%. Its least profitable year came very close to wiping it out.

During the span of 13 years, the mean annual increase is 485%. Litecoin has a habit of shining in the last quarter of the year. Should the trends hold true, this tranquil period might not extend.

Also Read: Litecoin (LTC) Technical Analysis: Accumulation Phase Signals Breakout to $121

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