Litecoin ( $LTC ) has been trading inside an ascending channel since April, showing a clear Elliott Wave structure. After hitting a local high near $130, price is now in what looks like a Wave 4 correction phase.


Currently, $LTC is hovering around $105, testing key Fibonacci support levels:


🔹 $102 – $97 zone (Fib 100% & 123.6%)


🔹 Deeper support near $89 (Fib 161.8%)


As long as price holds above the $97 – $89 support band, bulls still have the upper hand, with potential to launch Wave 5 targeting the $135 – $145 range.


⚠ However, if bears push below $89, it would break the bullish structure, and a retest of the $63 support could follow.


👉 For now, Litecoin looks like it’s in a healthy consolidation phase, with buyers watching closely for a rebound to confirm the next leg higher.

#LTC #Metamask

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September 22, 2025 at 11:46 AM
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