Meet the Top 101 in Crypto

Failed Breakout Attempts Crush Litecoin (LTC) Price by 60% but Bounce Shows Signs of Life

Last Updated 16 October 2025
Valdrin Tahiri
Authors
Edited by Ryan James

Key Takeaways

  • Litecoin (LTC) follows an ascending trend line of support.
  • The LTC price failed to break out from a diagonal resistance.
  • Can Litecoin eventually break out, or is the market cycle over?

Litecoin has been struggling to gain momentum despite multiple attempts to break out.

Over the past months, LTC has tested a key diagonal resistance but failed to secure a decisive move higher.

Technical indicators now suggest caution as bearish signals start to emerge across timeframes.

With critical support levels being retested, the main question is whether Litecoin’s bullish cycle has run its course or if another push higher is still possible.

Litecoin’s Failed Breakout

The Litecoin price made five unsuccessful breakout attempts (red icons) above a diagonal resistance trend line (dashed) since December 2024.

Litecoin seemed to break out last week, but failed to clear the $135 horizontal resistance area.

Instead, it created a bearish engulfing candlestick and briefly fell to a low of $52.71.

In the weekly time frame, this was the longest-ever lower wick length at 47%, surpassing the March 2020 “Covid” crash, which had a length of 33% (green icons).

Get These Top Crypto Casino Offers Now!
Sponsored
Disclosure
Opened in 2023
Promotions
200% deposit bonus up to 20,000 USDT + up to 100 FS (promo code: CG100)
Coins
Tether Bitcoin Ethereum USD Coin TRON +7
Opened in 2021
Promotions
Casino No Wagering 100 Free Spins
Coins
Bitcoin Tether USD Coin Ethereum Solana +11
Opened in 2018
Promotions
500% Welcome Bonus up to $90,000 + 100 Free Spins
Coins
Bitcoin Ethereum Litecoin Tether Dogecoin +3
Opened in 2022
Promotions
Up to 550 USDT Bonus + up to €75 Free Bet + 5% cashback
Coins
Bitcoin Bitcoin Cash Dogecoin Ethereum Litecoin +53
Show More

Another essential factor to consider is that LTC has reached the long-term ascending support trend line that has been in place since June 2022.

Therefore, the bullish trend technically remains intact as long as Litecoin does not close below the trend line, which would provide bearish confirmation.

However, there is no support until Litecoin’s price hits the trend line at $70.

Litecoin Weekly Chart
LTC/USDT Weekly Chart | Credit: Valdrin Tahiri/TradingView

Momentum indicators are gradually turning bearish. The Relative Strength Index (RSI) is below 50, and the Moving Average Convergence/Divergence (MACD) made a bearish cross (black circle).

Hence, a Litecoin breakout is unlikely. Examining a lower time frame is necessary to determine whether the LTC price will fall to $70 or if it will find support above this level.

Is Litecoin Bullish or Bearish?

The long-term chart does offer some hope that the Litecoin trend is bullish, although more confirmation is needed if this is indeed the case, as the count is close to being invalidated.

The remaining bullish count suggests that the Litecoin price completed wave E of an A-B-C-D-E (red) in a massive, seven-year symmetrical triangle pattern. 

Litecoin Weekly
LTC/USDT Weekly Chart | Credit: Valdrin Tahiri/TradingView

If this is the case, Litecoin will consolidate inside the triangle for several months before eventually breaking out.

In that case, the LTC price will hit $300 before any major retracement.

However, the price action disagrees, since the movement that began in June 2022 looks corrective.

On top of an ascending parallel channel, the movement is extremely choppy, with significant overlap between the highs and lows.

Channel Movement
LTC/USDT 3-Day Chart | Credit: Valdrin Tahiri/TradingView

While the price of Litecoin trades in the upper portion of the channel, a breakdown below its midline could send the price tumbling to new lows.

Additionally, a breakdown from the channel could potentially take Litecoin to its bear market low of $43 and possibly trigger a further decline.

Litecoin Struggles Against Bitcoin

The Litecoin price has declined against Bitcoin since 2014, losing 98% of its value.

Last week’s crypto liquidation event led to a new all-time low of ₿0.0005, before the price bounced and created a long lower wick.

Litecoin Bitcoin
LTC/BTC 2-Week Chart | Credit: Valdrin Tahiri/TradingView

Although Litecoin has closed above its main horizontal support area at ₿0.00080, the trend of lower highs is concerning.

While the bullish divergences in the RSI and MACD are positive signs, they have failed to initiate upward movements in the past, reducing the likelihood that they will do so in the future.

If Litecoin breaks down below ₿0.00080, another massive bearish trend could follow.

Mixed Signs for 2025

Litecoin’s price action is at a decisive crossroads, as the long-term support remains bullish, but momentum is turning increasingly bearish.

A breakdown below the current channel could trigger a deeper correction, possibly retesting bear market lows.

On the other hand, if LTC manages to hold support and consolidate, a breakout toward $300 remains possible.

The coming weeks will reveal whether Litecoin can reclaim bullish momentum or confirm the end of its cycle.

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

Related

Survey Icon
Help us improve
1 of 4
Is this your first time here?
What brought you here today?
What are you most interested in?
Would you be interested in:
Thank you icon
Thank you for your feedback!
DMCA.com Protection Status