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LTC Price Analysis for March 13, 2025: Litecoin Faces Strong Resistance at $92, Can Bulls Finally Break It Today?

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Have you been tracking the LTC price today and trying to deduce what’s next on the charts? Join us as we perform a detailed LTC price analysis for March 13 and identify trends followed and opportunities to come. As we take a detailed look, let’s also take a look at what important indicators suggest about upcoming LTC price trends. 

LTC Price Analysis of Last 24 Hours: $92 Haunts Upward Progress

The downward momentum from the previous day extended to yesterday, with LTC reaching a low of $88.10 at 04:50. The RSI indicated oversold conditions at that point, indicating a potential reversal. A golden cross then emerged, triggering a steady upward movement that eventually pushed LTC to $89.7 by 05:55 UTC. A narrow death cross formed, hinting at a pullback, as the price sloped down to $88.78. But on the back of another golden cross, Litecoin continued its bullish progress, trading at $91 by 9:00 AM UTC. 

Chart 1, analyzed by raodevansh18, published on TradingView, March 13, 2025

The RSI subsequently reached the overbought levels, calling for a price correction. With a death cross in support, the price correction did occur, as a downward spike led LTC to $89.3 within half an hour. As the shorter EMA started performing well compared to its longer counterpart, a golden cross formed on the MACD about an hour later, at 10:40 UTC. This resulted in an upward slope forming for LTC. At 12:25, LTC was trading at $90.9. The golden cross widened as LTC spiked, breaching the $92 mark, which served as a stable resistance, as the RSI reported above 70 overbought levels.

A golden cross would again appear at 15:25 UTC as LTC started to escalate. The coin recovered to $90.5 by 16:10. Although met by some correctional downturn. The uptrend persevered, guiding LTC to almost touch $92 resistance at 22:25. However, the resistance continued to elude LTC’s advances. As the day ended, LTC would make another attempt at the $92 mark but would lose momentum at $91.7.

LTC Price Today on March 13, 2025

The day started with a downtrend for LTC, going down after a try at the $92 resistance, marked by a midnight death cross. By 1:25, the price had already declined to $90.4. Twenty minutes later, a golden cross on the MACD line pushed LTC up to $91.64, but the elevation lost momentum. Another downtrend spawned as LTC reached $88.9 by 06:40 UTC, the RSI hovering in the oversold region. A slight golden cross warranted a correction but was met by another reversal. The last update saw LTC at $89.9.

The long-term EMA seemed to be closing in on the shorter one, indicating a possible death cross early on in the day. If that does happen, the downtrend could be significant, perhaps leading LTC to find support at $87 again. If a trend reversal is to happen, it would require strong bullish momentum for LTC to break the $92 mark. Another rejection could cause the LTC to slump further.

LTC Price Analysis: Is A Resistance Break Possible?

LTC has made several attempts at the $92 mark without any success. Although strong upward trends have formed, the rejection at that level has also led to the formation of short but steep reversals. Given that, today will be a significant day for any upward LTC price trends. If the $92 resistance is breached, it could very well lead to LTC working with the $100 mark in the next few days.

The post LTC Price Analysis for March 13, 2025: Litecoin Faces Strong Resistance at $92, Can Bulls Finally Break It Today? appeared first on Coinfomania.

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