Future

Litecoin

Resistance

Coin

<p>Litecoin is down 5.21% over the past day, now trading at $88.51. Looking at the technical patterns<a href="https://captainaltcoin.com/litecoin-ltc-price-crashes-out-of-range-as-traders-fear-a-massive-drop-to-68-and-beyond/" target="_blank" rel="noopener noreferrer nofollow">, it seems like the LTC price might fall even more</a>. Veteran analyst Ali has highlighted concerns regarding Litecoin’s recent breakdown on X, indicating that failure to reclaim lost support levels could trigger a move toward $70.</p>
<p>Litecoin’s price has followed a downward trajectory after peaking above $137 earlier in the observed period. The asset showed considerable volatility, oscillating between resistance levels before losing support. The breakdown below $108 was followed by an accelerated drop, bringing the price close to $92.795 before dipping further.</p>
<p>Support levels that previously offered stability are now under pressure. The $97 mark, which acted as a floor, has turned into resistance. Meanwhile, <a href="https://captainaltcoin.com/expert-predicts-50-litecoin-ltc-price-spike-heres-the-condition/" target="_blank" rel="noopener noreferrer nofollow">LTC’s price is hovering near the $89 support zone</a>. If selling pressure persists and this level fails to hold, technical indicators suggest a potential move toward $70.</p>
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 <figcaption><strong><em>Image Source: <a href="https://x.com/ali_charts/status/1901937764502815209" target="_blank" rel="noopener noreferrer nofollow">X/Ali</a></em></strong>
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<h2 class="wp-block-heading" id="expert-analysis-and-litecoin-bearish-outlook">Expert Analysis and Litecoin Bearish Outlook</h2>
<p>Ali’s analysis points to Litecoin exiting a critical trading range, which could set the stage for a deeper correction. His tweet, “#Litecoin $LTC breaks loose! Exiting this channel sets up a price move to $70,” aligns with the technical outlook, indicating that unless the price reclaims previous support, a further downturn is possible.</p>
<p>Resistance at $97 remains a crucial level to watch. If LTC’s price fails to break above this point, downward momentum may continue. The next support sits at $89, but breaching it could accelerate the decline. Given the market conditions, traders are monitoring whether Litecoin’s pricr can recover or if the bearish trend will persist.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/pi-coin-price-prediction-for-today-march-18/" target="_blank" rel="noopener noreferrer nofollow">Pi Coin Price Prediction for Today (March 18)</a></em></strong></p>
<h2 class="wp-block-heading" id="ltc-market-sentiment-and-future-price-direction">LTC Market Sentiment and Future Price Direction</h2>
<p>Litecoin’s performance is being closely observed by traders and analysts. The recent dip and loss of support have raised concerns, especially as the broader crypto market remains uncertain. While short-term volatility is expected, a decisive move above $97 could change the outlook. Conversely, failure to hold current levels may validate projections of a drop toward $70.</p>
<p>Market participants will be watching key resistance and support zones in the coming days to <a href="https://coinmarketcap.com/currencies/litecoin/" target="_blank" rel="noopener noreferrer nofollow">gauge Litecoin’s price next move</a>. Whether the asset can regain momentum or continue its downward trajectory remains to be seen.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/expert-warns-litecoin-ltc-price-could-collapse-to-70-heres-why/" rel="noopener noreferrer nofollow">Expert Warns: Litecoin (LTC) Price Could Collapse to $70 – Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Warns: Litecoin (LTC) Price Could Collapse to $70 – Here’s Why

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