Litecoin (LTC) Price Analysis: Key Support at $105 in Focus as Resistance Holds Strong

Litecoin is trading just above $115 and showing signs of weakness on the lower timeframes. Despite climbing higher over the past few days, price action now looks heavy as it struggles to break past a key resistance. The rejection here suggests downside pressure is building, and we might see a retest of lower levels once again. With broader market sentiment turning cautious, Litecoin could be setting up for a liquidity sweep before deciding its next move. Let’s break down the charts to see where the price might be heading next.

Analyzing the Charts

Looking at the 4-hour chart, Litecoin showed a strong reaction at the $105 support level, bouncing sharply with solid bullish momentum. But that strength was short-lived. The rally ran into just below $130, a key resistance zone that has repeatedly capped Litecoin’s upside in recent months. The failure to break through this level reinforces its significance and signals that bulls are still struggling to regain full control.

Zooming out to the daily timeframe gives a clearer view of how significant this resistance around $130 really is. Litecoin has tested this level several times in recent months, and each time the price got pushed back down. Even on occasions where it briefly broke above, it failed to hold and never managed to flip the level into support. This repeated rejection highlights how sellers continue to defend this area aggressively.

With price now pulling back, attention shifts to the $105 level, which has previously acted as a reliable support for Litecoin. This zone carries added significance because it also served as the neckline resistance during the double-bottom pattern that Litecoin formed earlier. If price manages to bounce from here with strong liquidity, it could signal renewed momentum. That move might give Litecoin another shot at breaking cleanly above the $130 resistance.

Final Takeaway: What is Next for Litecoin (LTC)?

Litecoin is currently trading near $115 and showing signs of short-term weakness. The $105 level remains a key support to watch, and a bounce from here could trigger another push toward the $130 resistance. That zone has been tough to break in the past, but if momentum picks up, LTC might finally manage a clean breakout. For now, price is caught between support and resistance, and the next move will likely depend on how it reacts around $105.