Litecoin, Bitcoin Cash, and Ethereum Classic: Technical Analysis Shows Ongoing Volatility and Cautious Sentiment in Legacy Cryptos

Published: 2025-06-05 17:53:09 |

A comprehensive technical analysis highlights ongoing volatility and bearish-to-neutral trends for legacy cryptocurrencies Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum Classic (ETC). Over the past six months, all three coins have experienced significant declines—LTC down 35.18%, BCH nearly 35%, and ETC over 54%. Recent months saw some short-term recoveries with LTC up 5.94%, BCH climbing 14%, and ETC gaining 8.42%. However, key technical indicators like the Relative Strength Index (RSI) and momentum oscillators reflect a prevailing bearish or neutral sentiment, with none of the assets showing clear oversold conditions or confirmed trend reversals. Support and resistance levels are critical: LTC trades between $76 and $102, with strong resistance at $117.63 and support at $65.82; BCH ranges from $356 to $468, facing resistance at $520 and support at $296; ETC oscillates between $14.70 and $20.10, with major resistance at $23.25 and support at $12.44. While brief consolidation phases hint at potential accumulation, persistent bearish momentum and negative technical signals suggest traders should approach any entry at support with caution and wait for confirmed breakouts above resistance before positioning for potential upside. In the current climate, it remains vital for crypto traders to monitor these technical levels and watch for volatility surges or trend confirmation in established assets.

Neutral

Both reports indicate that Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum Classic (ETC) are facing ongoing bearish or neutral technical conditions despite some recent short-term gains. The prevailing momentum indicators and RSI readings are negative or neutral, and consolidation patterns are yet to deliver confirmed bullish breakouts above resistance. Traders are advised to act with caution, monitoring support and resistance levels closely, as the technical analysis does not suggest a clear trend reversal or strong bullish scenario in the short term. The potential for upward price action exists if key resistances are broken, but the overall market view remains neutral until more definitive trends emerge.