Key Insights
- •Litecoin maintains strong support near $95 while traders monitor a possible move toward $140 resistance.
- •Network activity grows past 360 million transactions in 2025, showing steady user demand for LTC.
- •Technical charts show lower momentum, yet a break above $100 may open the path toward $140.
Litecoin (LTC) is currently holding strong at key support levels as traders monitor its next potential move. The cryptocurrency has shown resilience, bouncing off a multi-year ascending trendline despite facing repeated rejections. At the moment, attention is focused on the $140 resistance level, with many speculating that a breakout could trigger a new upward momentum for LTC.
Litecoin's Strong Transaction Growth
Litecoin has reached a significant milestone, surpassing 360 million transactions, with over 60 million of those occurring in 2025 alone. This growth reflects continued usage of the network for fast and low-cost transfers. According to the Litecoin Foundation, these figures suggest that Litecoin’s popularity remains steady, despite market fluctuations.
Luxxfolio Holdings has noted that Litecoin's transaction growth has been slow and steady, contrasting with a decline in Bitcoin's daily transaction activity over the same period. The consistent increase in Litecoin's transaction volume has drawn attention to its market positioning.
Litecoin's steady growth suggests continued market interest. While the price remains under pressure, transaction data points to strong network fundamentals.
Technical Indicators and Key Support Levels
Traders are closely watching Litecoin’s price as it tests critical support levels. The $94 to $95 range has become an essential zone for market observers, acting as a key support line for LTC. Recent price movements suggest that a bounce from this level could signal the start of a new uptrend.
However, Litecoin's position below the 50-day simple moving average and recent declines in the Relative Strength Index (RSI) point to potential bearish momentum. According to chart analysis, LTC could face resistance around the $100 mark, and if the price manages to surpass this level, it could test higher resistance at $108 or even $115.
Resistance at $140: A Key Point for Bullish Breakout
For Litecoin to shift into a bullish trend, it needs to break through its $140 resistance. This level has served as a barrier during recent price action, but a successful breakout could signal a stronger upward momentum.
While the market remains cautious, a move above $140 could initiate a significant price rally. However, Litecoin needs to maintain strength at key support levels to confirm any breakout potential.
The growing network activity combined with key technical patterns suggests that Litecoin might soon test this crucial resistance level. If it can hold above the $95 mark and move past $100, the path to $140 could open, allowing for further upside potential.