LTC remain anchored near support at $50 as ADX reflects dominant selling pressure

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Litecoin rises 0.23% this week

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Daria Chernytska

08.03.2026

LTC remain anchored near support at $50 as ADX reflects dominant selling pressure – weekly report — Litecoin rises 0.23% this week

Litecoin (LTC) is trading at $53.36, marking a marginal gain of 0.23% over the last week. The price is firmly below the weekly MA-20 ($75.79), MA-50 ($89.65), and MA-200 ($81.09), underscoring sustained negative pressure as it remains anchored at the lower end of its recent weekly range.

LTC price prediction

24H 0.64%

$45.74

48H 1.87%

$46.3

7D -12.52%

$39.76

1M -9.88%

$40.96

3M 50.1%

$68.22

6M 62.55%

$73.88

12M 29.64%

$58.92

Detailed

Current price: $ 45.45 -1.99 4.19%

Real-time Data 00:19

Daily range 45.52

45.65

Weekly range 46.30

52.78

Highlights

Litecoin remains locked in a prolonged bearish trend, trading well below major resistance levels with persistent seller dominance.
Weekly momentum and oscillator readings are firmly negative, exhibiting oversold conditions but offering no signs of an imminent rebound.
Next week's expected price range is $48.07 to $58.67, with a higher probability of further declines if $50 support breaks.

Bearish signals reinforce downside as weekly momentum accelerates

Weekly technicals confirm a bearish backdrop, as both MACD and ADX continue to indicate pronounced seller control. All key weekly moving averages remain overhead and act as resistance, while secondary oscillators such as RSI, CCI, and Stochastic RSI are deep in oversold territory. Bull/Bear Power is decisively negative. Support can be identified near $50, with volatility at 8.90%, while the closest resistance sits at the MA-20 ($75.79).

Limited upside expected as bearish momentum prevails into next week

For the coming week, Litecoin is expected to trade in a $48.07 to $58.67 range, with less than a 20% probability assigned to an upside breakout. Bearish and sideways scenarios remain the base case, given persistent negative momentum and the lack of a bullish catalyst from weekly indicators. Oversold signals could briefly limit downside, but absent sustained buying, dips below $50 remain likely. Only robust short-term buying could drive a test of the $58.67 level.

Viktoras Karapetjanc, expert at Traders Union, believes that despite persistent bearish pressure on Litecoin this week, the market’s deeply oversold readings present tactical opportunity for proactive traders. The sustained dominance of sellers and the absence of bullish catalysts kept price anchored near long-term support, but momentum exhaustion is becoming evident. Karapetjanc sees the confluence of negative sentiment and technical oversold conditions as setting the stage for a possible relief move if support holds above $50. Even though the path of least resistance remains sideways to down, he sees limited downside in the coming week with volatility likely to create multiple setups for agile participants. "With strong oversold signals on weekly charts, I see a window opening for tactical buyers to capitalize if bulls defend key support — it's an environment that rewards flexibility and optimism."

Last time, analysts noted that Litecoin is trading just below key moving averages with technical indicators such as MACD and RSI signaling weak momentum and persistent bearish pressure. The asset is expected to consolidate within a $48.00 to $56.00 range in the coming sessions, with limited upside risk and dynamic resistance near $53.23.

Source of Data: LTC Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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