|

Litecoin Price Analysis: LTC/USD struggling with a barrier at the $72.50 mark

  • Litecoin price is trading in negative territory by 2.25% in the session on Tuesday. 
  • LTC/USD has been cooling for three sessions now. 
  • There is much in the way of resistance in the early $70 price territory via the daily.  

LTC/USD daily chart

The price was stuck within a bearish market structure, where lower highs were being produced. The prior high area was seen at around $65, which the bulls have managed to produce a weekly closure above. 

LTC/USD 60-minute chart

Critical 60-minute support should be noted at $66, failure to hold could invite another wave of selling pressure. 

Spot rate:                69.85

Relative change:    -2.25%

High:                        68.89

Low:                         66.62

LTC/USD

Overview
Today last price68.1929
Today Daily Change-1.2623
Today Daily Change %-1.82
Today daily open69.4552
 
Trends
Daily SMA2060.4541
Daily SMA5050.1857
Daily SMA10051.4643
Daily SMA20062.0045
 
Levels
Previous Daily High72.9511
Previous Daily Low68.3271
Previous Weekly High70.0854
Previous Weekly Low52.8193
Previous Monthly High70.0854
Previous Monthly Low38.7677
Daily Fibonacci 38.2%70.0934
Daily Fibonacci 61.8%71.1847
Daily Pivot Point S167.5379
Daily Pivot Point S265.6205
Daily Pivot Point S362.9139
Daily Pivot Point R172.1618
Daily Pivot Point R274.8684
Daily Pivot Point R376.7858

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.