Rebeca Moen
Sep 20, 2025 07:33
LTC trades at $114.83 after 2% daily decline, but technical indicators suggest bullish momentum remains intact as traders target $127-$135 range by month-end.
Quick Take
• LTC currently trading at $114.83 (-2.01% in 24h)
• Litecoin’s MACD histogram shows bullish momentum despite daily decline
• Recent rally to $120 strengthened bull case for September close target
What’s Driving Litecoin Price Today?
While the LTC price has pulled back 2.01% today to $114.83, this retracement comes after a significant bullish surge earlier this week. On September 13th, Litecoin rallied 3.75% to reach $120.13, marking a crucial technical breakout that has traders optimistic about the cryptocurrency’s prospects through the remainder of September.
The recent momentum follows technical analysis projections suggesting LTC could reach the $127-$135 range by late September, representing potential gains of 8-15% from current levels. This bullish outlook has been supported by strong momentum indicators and Litecoin’s ability to maintain trading above key moving averages despite today’s minor pullback.
Current market sentiment remains constructive for Litecoin, with the recent consolidation around $114-$115 viewed by many analysts as a healthy pause before the next potential leg higher. The LTC/USDT trading pair has shown resilience, with today’s decline staying well within the established uptrend structure.
LTC Technical Analysis: Mixed Signals Emerge
Litecoin technical analysis reveals a nuanced picture as the cryptocurrency navigates between bullish momentum and near-term consolidation. The most encouraging signal comes from Litecoin’s MACD, which shows a positive histogram reading of 0.0886, indicating sustained bullish momentum despite today’s price decline.
The LTC RSI currently sits at 49.88, positioning Litecoin in neutral territory with room for upward movement without entering overbought conditions. This neutral RSI reading suggests that the recent pullback may have reset some of the short-term momentum indicators, potentially setting up for another push higher.
Litecoin’s moving average structure remains supportive, with the cryptocurrency trading above both the 20-day SMA at $114.35 and well above the 200-day SMA at $97.33. The proximity to the 20-day moving average at current levels provides immediate technical support, while the significant gap above the long-term 200-day average underscores the broader bullish trend.
The Bollinger Bands analysis shows LTC positioned at 0.5451 within the bands, suggesting the cryptocurrency has room to move toward the upper band at $119.71 without triggering overbought conditions. This positioning supports the view that Litecoin could resume its upward trajectory in the near term.
Litecoin Price Levels: Key Support and Resistance
Based on Binance spot market data, Litecoin support levels are well-defined, with immediate support at $106.38 providing the first major floor for any deeper correction. Should LTC price break below this level, stronger support awaits at $104.06, which aligns closely with the 52-week low region and represents a critical level for maintaining the broader bullish structure.
On the upside, LTC resistance presents clear targets for traders. The immediate resistance at $120.83 represents the recent high and serves as the first hurdle for any renewed bullish momentum. Breaking above this level would likely trigger moves toward the stronger resistance at $134.19, which sits near the 52-week high of $137.04.
The current pivot point at $115.33 serves as a critical reference level, with Litecoin trading just below this threshold. A decisive move above the pivot would strengthen the bullish case and increase the probability of testing higher resistance levels in the coming sessions.
Should You Buy LTC Now? Risk-Reward Analysis
For swing traders, the current LTC price around $114.83 presents an interesting risk-reward opportunity. The proximity to key support levels provides defined risk parameters, while the technical target of $127-$135 by month-end offers attractive upside potential of 10-17%.
Conservative traders might wait for a clearer break above the $120.83 resistance level before establishing positions, as this would confirm the resumption of the bullish trend and reduce the risk of further consolidation. Such a strategy would sacrifice some upside potential but provide higher probability entries.
Active traders can consider the current consolidation as an opportunity to accumulate LTC on any weakness toward the $106-$110 support zone, with stops below $104 and targets at $127-$135. The daily ATR of $4.58 suggests sufficient volatility for meaningful short-term trading opportunities.
Risk management remains crucial given the broader market uncertainty. Despite the bullish technical setup, traders should maintain disciplined position sizing and be prepared for potential volatility as September draws to a close.
Conclusion
Litecoin’s current consolidation around $114.83 appears to be a healthy pause within a broader bullish structure rather than a reversal signal. While today’s 2% decline has temporarily dampened momentum, the underlying technical indicators suggest the path of least resistance remains higher. The LTC RSI reset to neutral levels provides room for renewed upside moves, while the bullish MACD configuration supports the case for higher prices. Traders should monitor the $120.83 resistance level closely, as a break above could trigger the anticipated move toward the $127-$135 target range by late September.
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