The post Litecoin Breaks Structure, Eyes $87 After Key Support Hold appeared on BitcoinEthereumNews.com. Key Insights: Litecoin rebounds from long-term support The post Litecoin Breaks Structure, Eyes $87 After Key Support Hold appeared on BitcoinEthereumNews.com. Key Insights: Litecoin rebounds from long-term support

Litecoin Breaks Structure, Eyes $87 After Key Support Hold

Key Insights:

  • Litecoin rebounds from long-term support as short-term structure shifts from bearish to bullish.
  • A pullback to $78 remains critical for price continuation toward the $87 resistance zone.
  • A move below $60 would invalidate the current bullish setup and weaken long-term structure.
Litecoin Breaks Structure, Eyes $87 After Key Support Hold

Litecoin (LTC) was priced at $82.85, with a 24-hour trading volume of over $369 million. The asset has gained around 1% in the last day and 4.5% over the past week. Recent price movement suggests that LTC may be entering a new phase after bouncing from a well-established support level.

This support zone, located between $70 and $75, has held firm since 2017. It has been tested during multiple market cycles and has often preceded strong price moves. The recent rebound adds weight to the idea that LTC may be building a base for a sustained recovery.

Short-Term Breakout Signals Bullish Shift

On the 4-hour chart, LTC has moved above a recent swing high, changing the short-term trend structure. This shift followed an internal pattern change just before the $81 low. The move suggests the downtrend may have ended, and a new upward trend could be developing.

A pullback toward $78 was being monitored as a potential entry zone. This area has seen previous trading activity and may act as a new support. If the level holds, price could aim for $87.13, which marks the next major resistance. This would represent a possible gain of around 11.5% from the pullback zone.

Break from Downtrend Channel Underway

On the higher time frame, LTC was attempting to break out of a falling channel that has been in place since mid-2025. The price is testing the upper boundary of this structure after bouncing from the $70 region. A successful breakout from the channel would confirm the early signs of a broader trend change.

The area near $60 remains important. A drop below this level would mark a new low and weaken the bullish setup. One analyst commented, “A drop below $60 would break the bullish structure,” reflecting the importance of this threshold for long-term outlooks.

Source: Joe Swanson/X

Momentum Turning Up After Extended Downtrend

The MACD on the 3-day chart is starting to shift upward. The signal lines are moving closer after months of downward pressure, indicating possible momentum support behind the recent bounce. This is one of the earliest signs that sentiment could be shifting.

Trading activity has picked up modestly, and price action is showing signs of stability. With structure now leaning bullish on both the 4-hour and daily charts, LTC remains in position to test the $87.13 level of key short-term support at $78 holds.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/litecoin-breaks-structure-eyes-87/

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