- Litecoin trades near $112, slightly green on the day, but at risk of further losses.
- LTC price hovers at a key support level as bulls try to fend off bears.
- A bullish crypto market and catalysts such as spot Litecoin ETFs could help LTC move higher.
Litecoin (LTC) is trading around $112, roughly 2% higher over the past 24 hours, but remains down on the week and the month.
Meanwhile, 24-hour trading volume stands at $694 million, down more than 22% from the previous day as many top altcoins attempt a rebound.
As LTC drifts toward the $110 area, can bulls hold their gains—or is the altcoin poised for a retest of the psychological $100 level and lower?
Litecoin price outlook: Is LTC headed back to $90 next?
Litecoin’s price has slipped below the midline of a rising channel pattern. The current $112 price suggests a broader crypto pullback could accelerate LTC’s decline toward support near $100 and possibly down to $90.
Daily technical indicators lean toward a lower flip, with the RSI and MACD giving sellers the edge.
Open interest has also slipped slightly, down to $994 million from recent highs near $1.27 billion reached during LTC’s rally. Futures open interest in Litecoin remains notably above the lows near $800 million seen in early August.
A decisive break above $120 could allow bulls to test the channel’s upper boundary near $140 and set sights on the psychological $200 level.
While the Moving Average Convergence Divergence (MACD) shows a bearish crossover since mid-August and prints red histogram bars, other indicators present a mixed picture that leaves room for resilience.
For example, the Relative Strength Index (RSI) on the daily chart sits at 46 but is trending upward, suggesting buyers could prevent another drop into oversold territory.
If the RSI reclaims the neutral 50 mark and market conditions align, LTC could follow the bullish scenario outlined above.
What could push Litecoin higher?
Network growth, including a significant hashrate peak, points to ongoing confidence in the proof-of-work coin.
That, together with improving market sentiment, creates a scenario where bulls can ride the broader crypto upswing in the coming months to push prices higher.
The potential approval of spot ETFs, with Litecoin among assets seen as having notable odds of approval, also supports these prospects.
In particular, SEC decisions in October 2025 on spot Litecoin ETF filings from issuers such as Grayscale, Bitwise, and CoinShares—viewed by some analysts as having a high probability of approval—could act as major catalysts.
Analysts argue that SEC approval for LTC spot ETFs could attract sizable institutional inflows—possibly up to $500 million into Litecoin at launch—mirroring the dynamics that helped drive Bitcoin to new highs earlier.