Litecoin price consolidates in $80–$85 range as traders eye $100 breakout

Litecoin price has been trading in a tight range since October 10, oscillating around the $80 support level and facing repeated ceilings near $85. On November 21, LTC rebounded from a third test of $80 to $81.92 but stalled at $85 resistance. Technical indicators confirm a sideways trend: price remains below the flat 21-day and 50-day moving averages, and Doji candlesticks reflect trader indecision. Key resistance levels for Litecoin price lie at $85, $100, $120 and $125, while support levels sit at $80, $60, $40 and $20. A clear break above the $100 barrier and moving averages may trigger a bullish surge toward $125. Conversely, failure to hold $80 could see Litecoin price slide toward $54.94. Traders should monitor price action for confirmation signals before entering positions.
Neutral
The news highlights prolonged consolidation in Litecoin price within defined support and resistance levels, confirmed by flat moving averages and bearish Doji patterns. This range-bound behavior suggests limited momentum and trader indecision, making a clear breakout above $100 or breakdown below $80 critical to establish direction. Until then, market impact remains neutral, as neither bullish nor bearish forces have gained dominance, and traders are likely to await confirmation before taking new positions.