bullish

Litecoin

ETF COIN

After a period of outperformance against major crypto assets, Litecoin’s&nbsp;<a data-ct-non-breakable="null" href="https://cointelegraph.com/ltc-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">(LTC)</a>&nbsp;price dropped as low as $94, a 26% fall from the weekly open.
While the trade wars between the US, Canada, China, and Mexico continue to pressure the crypto market, multiple analysts have pointed out a potential opportunity in Litecoin.&nbsp;
<h2 id="litecoin-dip-follows-overly-bullish-commentary-in-february">Litecoin dip follows “overly bullish commentary” in February</h2>
In February, LTC was one of the few altcoins that exhibited price dominance against BTC. Litecoin remained at breakeven value for the month, while Bitcoin faced an 18% drop. Litecoin’s resilience led to positive social commentary surrounding the crypto asset, which was largely dominated by the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/litecoin-etf-90-percent-chance-sec-approval-2025" rel="noopener noreferrer nofollow" target="null" text="null" title="null">spot LTC ETF filings</a>.&nbsp;
<figure><img alt="Markets, Price Analysis, Litecoin Price, Market Analysis" src="https://s3.cointelegraph.com/uploads/2025-03/019561e3-a5cf-7929-92ec-0f58b928285b" title="">
 <figcaption style="text-align: center;">
 Litecoin address activity in February. Source: X.com
 </figcaption>
</figure>
Santiment data pointed out these developments and identified an increase in LTC active addresses to 445,000 over the month.
Irrespective of the current market structure, Valeriya, a crypto and Forex trader, stated that Litecoin displays “signs of reaccumulation.” The trader <a data-ct-non-breakable="null" href="https://x.com/valeriyaApex/status/1896867588249927696" rel="noopener noreferrer nofollow" target="null" text="null" title="null">added,</a>&nbsp;
<blockquote>
 “Testing the indicated level (POI) may provide favorable conditions for opening a long position. Growth potential: 60%”
</blockquote>
<figure><img alt="Markets, Price Analysis, Litecoin Price, Market Analysis" src="https://s3.cointelegraph.com/uploads/2025-03/019561e4-e0d8-7fc8-9c17-3deab3c161ab" title="">
 <figcaption style="text-align: center;">
 Litecoin 1-day chart. Source: Valeriya / X 
 </figcaption>
</figure>
<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-no-longer-safe-haven-82k-btc-price-dive-gold-top" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Related: Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top</a>
<h2 id="key-litecoin-levels-to-hold-under-100">Key Litecoin levels to hold under $100</h2>
From a technical perspective, Litecoin trades in a higher consolidation range, where the overhead resistance range of $130 to $140 remains unbreached.
The daily chart shows that the price has remained above the 200-day exponential moving average (200D-EMA) since Nov. 6, 2024. A break below the 200D-EMA might indicate the early signs of a high time frame (HTF) bearish shift.&nbsp;
<figure><img alt="Markets, Price Analysis, Litecoin Price, Market Analysis" src="https://s3.cointelegraph.com/uploads/2025-03/019565a5-987a-7da5-8091-8bb12d8ab803" title="">
 <figcaption style="text-align: center;">
 Litecoin 1-day chart. Source: Cointelegraph/TradingView
 </figcaption>
</figure>
Under those circumstances, the immediate support for Litecoin remains between $92 to $100 and $80-$88.&nbsp;As illustrated in the chart, LTC retested support range 1 ($92 to $100) on March 4 before immediately recovering above the 200D-EMA.
The relative strength index (RSI) also dropped to 38, its lowest value since Aug. 8, 2024, deviating below a 7-month low.&nbsp;
Data from IntoTheBlock added more onchain confluence to the support ranges defined in the chart. Between $79 and $90, a total of 6.86 million LTC tokens were held by 1.73 million addresses, while 1.11 million addresses held 17.84 million LTC tokens in the $90 to $108 range.
<figure><img alt="Markets, Price Analysis, Litecoin Price, Market Analysis" src="https://s3.cointelegraph.com/uploads/2025-03/019561da-d07a-7907-8bec-d9600223567a" title="">
 <figcaption style="text-align: center;">
 Litecoin addresses currently holding LTC. Source: IntoTheBlock
 </figcaption>
</figure>
Thus, in terms of trading volume, $108 and $90 is the immediate support range, while more holders are between $79 and $90.
<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/how-low-can-the-bitcoin-price-go" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Related: How low can the Bitcoin price go?</a>
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Litecoin traders say LTC price dips below $100 are ‘accumulation’ opportunities

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