LTC Reaches $85 as Bitcoin’s Surge Ignites Altcoin Momentum – What’s Next for LTC?

LTC price has surged to $85, demonstrating a bullish momentum sparked by the current market activity of  Bitcoin. As a result, investors’ sentiments turn to optimism, and altcoins like LTC are capitalizing. Furthermore, analysts predict that if Bitcoin price continues to exhibit an upward trajectory, LTC price could reach a new high. This LTC resurgence spotlights the broader market trends with altcoin momentum and LTC surges as a strong contender in the marketplace. In this article, let’s analyze the last 24-hour performance of the Litecoin price movement to identify how LTC reacts to the Bitcoin surge. 

LTC Recovers from $77 – April 22, 2025

On April 2, 2025, the LTC trading day kicked off with dynamic price action. During the early trading session, LTC began to rise briefly. However, at 01:15 UTC, LTC encountered an RSI Overbought situation, indicating a potential trend reversal. Likely, at 01:20 UTC, a pin bar, followed by a full-body red candle, signaled a downtime. As expected, LTC resisted at $79.53 and experienced a short-term fall. A Death Cross on MACD at 02:05 UTC affirmed this downtrend. At 06:35 UTC, LTC found support at $78.23, moved up, broke the resistance at $79.53, and continued its uptrend. At 07:05 UTC, a Golden Cross on MACD affirmed this uptrend. 

Chart 1 – Analyzed by Buvaneswari_L, published on TradingView, April 23, 2025

Conversely, at 08:50 UTC, LTC resisted at $80 and experienced a brief fall. However, at 10:30 UTC, LTC found support at $78.98 and experienced an uptrend. A Golden Cross on MACD at 11:35 UTC affirmed this uptrend. Subsequently, at 15:10 UTC, LTC encountered an RSI Overbought situation, indicating a potential downtrend. Also, a Death Cross on MACD at 16:15 UTC signaled a possible downtime. Likely, at 17:40 UTC, LTC resisted at $83.35 and experienced a short-term decline. At 20:40 UTC, LTC found support at $82.61, began to move up, broke the resistance at $83.35, breached a breakout, and experienced a brief rise. But at 21:50 UTC, LTC resisted at $84.62, began to fall, and closed at $83.79.

LTC Tops $85 – April 23, 2025

As illustrated in Chart 1, on April 23, 2025, the LTC trading day started with a brief rise, demonstrating a bullish momentum. At 00:30 UTC, a Golden Cross on MACD affirmed this uptrend. However, at 01:05 UTC, LTC encountered an RSI Overbought situation, indicating a potential trend reversal. At 01:15 UTC, LTC resisted at $85.19 and began to experience a short-term decline. At 02:00 UTC, it found support at $83.19 and experienced an uptrend. Conversely, at 05:00 UTC, LTC resisted at $85.19 and experienced a brief fall. Substantially, at 07:15 UTC, LTC found support at $83.63, moved up, and kept fluctuating between key levels.

LTC’s Next Move

Based on the price analysis, LTC price action is experiencing an upward trajectory, demonstrating a strong bullish wave. If LTC breaks the key support at $82.61, it could suggest a bearish momentum. If it breaks the key resistance at $85.19, the Litecoin price could reach a new high. As the Bitcoin price is establishing a bullish momentum, it significantly reignites altcoin momentum. As a result, LTC surges and gains momentum in the marketplace. Looking to invest in LTC? Before investing in any cryptocurrency, do a market analysis and know the potential risks and rewards involved.

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