Litecoin price prediction: Will $40.99 support hold as LTC remains under steep selling pressure?

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Litecoin slides 7.53% today to $42.98

Highlights

Litecoin experienced a spike in trading volume tied to liquidations and intensified sell-side pressure, increasing downside risk.
With a market capitalization of $3.61 billion, Litecoin's persistent liquidity and brand recognition remain focal points amid market stress.
Technical analysis signals broad seller dominance, with LTC/USD expected to trade between $40.99–$44.97 and a high probability of continued downside.

Leveraged liquidations fuel volume spike amid intensifying downside risk

Litecoin saw a surge in trading volume, which has been associated with the liquidation of leveraged positions and the amplification of sell-side activity in the market. The asset's position below key technical supports, such as the 7-day and 30-day simple moving averages, has increased the potential for further shifts in trader sentiment and heightened downside risk. Litecoin's current market capitalization of $3.61 billion, driven in part by ongoing brand recognition and liquidity, remains a reference point for market participants amid this environment.

Bearish momentum confirmed as oversold signals and resistance align

On the H1 timeframe, LTC/USD is trading below the MA-20 ($45.68) and MA-50 ($46.62), with the session price also well under the MA-200 ($63.81). The Ichimoku Kijun line at $44.93 acts as immediate resistance for attempted rebounds. MACD and ADX both signal strong downside momentum. RSI stands at 30.68, while Stoch RSI and CCI indicate oversold conditions, and BBP remains in oversold territory, suggesting active seller dominance. The Awesome Oscillator validates the prevailing downtrend, with price action holding near the session low at $42.98 and volatility levels elevated. These technical readings consistently support the pronounced bearish momentum, with no notable divergence across trend and momentum indicators.

Sideways trend expected as downside risk outweighs rebound chances

Over the next 2–3 trading days, LTC/USD is expected to remain within a range of $40.99–$44.97, reflecting a typical volatility band relative to current levels. The probability of an immediate upward reversal is very low, while persistent downside pressure is highly likely to continue. The baseline scenario envisions LTC/USD oscillating sideways unless a move above $44.93 (Kijun resistance) triggers a rebound. A break below $40.99 would likely open the door to additional downward extension.

Anton Kharitonov, expert at Traders Union, believes Litecoin’s technical outlook remains fragile. He sees persistent sell-side pressure with strong downside signals from all major momentum and trend indicators. The current oversold readings do little to shift the overall bearish structure. "As long as LTC/USD trades below the $44.93 resistance, I view further downside or consolidation as the primary scenario."

Earlier, analysts noted that Litecoin was under sustained bearish pressure with no clear signs of reversal. The current breakdown and persistent oversold readings reinforce this outlook, making a decisive move below $40.99 the key risk traders should monitor in the near term.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.