Litecoin (LTC) has experienced short-term volatility over the past ten days. Price changed frequently 5-7% In just over two days, $43 and $46.
on wednesday, 15 JulySame short term resistance zone $46 tested and Litecoin bulls were rejected from this area. LTC has fallen in the last 24 hours 1.08%and daily trading volume decreased 8.12%.
Litecoin bulls have been struggling with Bitcoin for a month now. 46 dollars local supply area. Does the recent surge mean they will finally succeed?
Here are the long and short term price expectations Litecoin it could be.
LTC is in consolidation phase but could head south once again
Bitcoin (BTC) Going beyond price 65 thousand dollars It didn’t stick. In the short term, this rejection meant that the broader crypto market was also facing losses. Since October 2025, both Bitcoin and most other altcoins have been facing bear market conditions.
The last downward swing movement started in May. LTC is on the rise $60.61 This was followed by a rapid sell-off that pushed prices below the psychological level. $50 level.
Using the Constant Range Volume Profile tool from the January high to today, we can see that the current market price is just above the current Value Area Low. $43.9.
$42-46 It was a high volume node and represented a support zone. Cyclops, $55 marked level Point of Control (POC). A move beyond price $55 can be a positive sign and an exit $60.61 It may indicate that the trend will reverse in the long run.
Investors’ call to action – Watch the range
The technical range (purple) reaches: $40 to $46. When we use the FRVP tool since the beginning of June, we can see that the difference is much smaller. $42 and $45.3 (dotted blue), with POC in $43.4.
Although CMF and MFI show stable buying pressure and upward momentum, swing traders need to be careful about this situation. 46 dollars local supply area.
A breakout beyond this resistance could create a rally towards the ward $53-$56. But based on the higher timeframe trend, such a rally is likely to turn bearish later.
Final Summary
- The long-term trend was bearish, and the $40-$46 area served as a local consolidation zone.
- Short-term range formation and volume profiles highlighted important local support and resistance levels.
