LTC Price Analysis of March 10, 2025: Litecoin Aims to Break $98 Resistance Level, Would It Happen Today?

Are you looking to invest in LTC, watching the charts, and figuring out if it’s a good time to invest? Then, this LTC price analysis is bound to help you. In LTC Price today, we take a look at the chart, analyze LTC price trends and patterns, and make predictions about the coming times.

In the past week, Litecoin (LTC) saw a sharp decline, dropping from $127.79 to $102.15. The downtrend has signaled strong selling pressure, pushing LTC into a bearish trend. As March 10 begins, traders watch the $96 support level for potential rebounds or further declines.

LiteCoin Continues Slow Decline, Finds Support at $93

LTC began the day with a golden cross on the MACD indicator, rising ever so slowly from $101.91 to $102.76 at 00:40. However, a death cross soon formed as well, pulling the price into a downward channel, with LTC trading at $100.2 at 06:45 UTC. Ten minutes later, at 06:55, another golden cross appeared, taking the price back to $101.7, hinting at a potential breakout. The climb was short-lived, though, as overbought levels on the RSI indicator signaled a potential decline.

Based on LTC price analysis, he overbought conditions were also supported by a death cross on the RSI as the overall downtrend continued. The RSI continued to dip, eventually venturing into the oversold region between 10:00 and 11:00 UTC. LTC traded at $98.6 at 11:00 UTC. Supported by a golden cross at that point, the price rose again but failed to capitalize on the momentum. LTC entered a trading range, hoping for a breakout.

LTC Price Swings: $100 Peak to $94 Low, Volatility  

At 13:50, the price suddenly plunged to $97.54, succeeding a death cross on the MACD. The spike turned out to be a fakeout, though, as the trend reversed, and LTC started a steep climb, reaching the $100 mark at 15:30 UTC. At 16:10, a notable death cross emerged, causing the price to plunge suddenly, going from $100.58 to $96.5 at 16:50. A short reversal was observed, but the slump soon continued, with LTC finally finding support at $95.29. 

The RSI followed LTC, entering the oversold zones, signaling a potential trend reversal. The reversal was further supported by a golden cross at 18:20, helping LTC reach $97.75 at 20:10 UTC. However, the longer EMA soon caught up with the shorter one, and the death cross signaled an impending price drop, taking the value to $94 at 23:00 UTC in oversold conditions. With slight fluctuation, LTC closed the day at $95.03.

LTC Price Trends on March 10: Stern Resistance at $97.75

The day started with rapid action on the MACD, a death cross followed by a golden cross at 00:25 and 00:40, respectively. This led to sudden spikes in the price, as it dipped to $93.11 and recovered to $96.35 within the first hour of trading on March 10. With another golden cross at 03:35, the price started an upward climb, meeting stubborn resistance at $97.75. The support levels, however, seemed to be ascending as well, forming a bullish triangle. At 04:30 in the morning, the price entered a trading range, finding support at $96. 

LTC Price Analysis: Incoming Spike As Bullish Triangle Observed

As support levels continue to rise, it is expected that LTC will continue its upward climb and attempt to breach the $100 mark. A trading range was seen in the early hours of March 10, 2025, while the EMAs continued to work together. An upward spike could be on the cards. However, it remains to be seen whether a trend will precede said spike or not. As LTC vies with the newly formed $97.75 resistance, support levels will play a key role in identifying upcoming action for the LTC price today.