Litecoin price prediction: Bearish outlook as LTC struggles below $97 resistance

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Litecoin slides 1.70% today to $92.82

Highlights

Litecoin’s network hashrate surged 117% year-over-year to reach 1.7 PH/s, underscoring significantly increased miner engagement.
US spot Litecoin ETFs have attracted modest net inflows of only $7.26 million since October, with Canary's LTCC as the sole US-listed option.
Despite continued use for fast and inexpensive transactions, Litecoin lags major cryptocurrencies in both technological advancement and broader adoption.

Rising miner activity offset by limited ETF inflows and slower adoption

Litecoin’s network hashrate has increased 117% over the past year, reaching 1.7 PH/s, reflecting heightened miner engagement. Spot Litecoin ETFs in the US have attracted only $7.26 million in net inflows since October, with Canary's LTCC remaining the only available US-listed option. Litecoin continues to be utilized for fast and inexpensive transactions, though it has not matched the technological advancements or adoption seen in larger cryptocurrencies.

Weak downtrend momentum as resistance outpaces oversold signals

Momentum indicators signal weakness, with MACD on D1 in sell mode and ADX at a low 17.83, suggesting the current downtrend lacks strong conviction. RSI sits at 47.96 (neutral-sell territory), Stoch RSI is neutral, and CCI confirms a lack of strong directional bias, but BBP’s oversold reading (0.35) still signals seller dominance intraday. The Awesome Oscillator does not strongly support either trend. The Ichimoku Kijun level at $96.71 marks the nearest dynamic resistance, while immediate support is defined by today’s lows and prior consolidation zones.

Downside favored as consolidation expected within narrow price band

For the next five trading days, the expected price range is $90.00 to $97.50, keeping within a realistic 8% band around the current price. The probability of a price increase is very low (less than 20%), while further downside appears much more likely given weekly momentum and moving average signals. The baseline scenario is for consolidation between $90.00 and $97.50. A bullish scenario would require reclaiming resistance above $96.70–$97.50, unlocking scope toward $99.60, while a bearish break below $90.00 would expose Litecoin to deeper declines and sustained selling pressure.

Viktoras Karapetjanc, analyst at Traders Union, sees Litecoin’s market structure as weak but stabilizing, with range-bound trading likely in the short term. He notes positive fundamental sentiment from increased network security and modest ETF inflows, even though adoption still lags larger cryptocurrencies. Karapetjanc remains constructive, expecting consolidation, but sees an upside possible if key resistance is reclaimed. "Momentum is not yet in the bulls’ favor, but with fundamental improvements, a breakout above $97.50 could quickly shift Litecoin’s outlook to the positive."

Previously it was noted that Litecoin remains in a bearish structure, with sellers dominating according to momentum and oscillator signals. The probability of a move higher was considered low, with a likely scenario favoring further declines unless the price can break above $96.71 (Kijun resistance).

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.