Litecoin $LTC Price Analysis: Bears Test Support, But Bulls Eye $85 Comeback
Litecoin (LTC) faced a volatile week of price swings, battling both bullish attempts and strong bearish pressure — but signs point to a potential recovery as buyers eye key resistance at $85.
The previous weekend started with a recovery from Friday’s (June 13) intraday low of $81.42, with LTC closing at $86.58. Saturday saw a slight decline of 1.55%, followed by a 1.32% gain on Sunday, ending the weekend near $86.36.
On Monday, LTC pushed to an intraday high of $88.97, but bullish momentum faded, and the price settled with only a slight uptick at $86.63. The sentiment turned bearish on Tuesday, with a nearly 3% drop bringing LTC down to $84.36. A modest 1% recovery on Wednesday pushed the token back to $85.05.
Thursday saw minor gains, taking LTC to $85.13, but bears took over on Friday, forcing a sharp 3% drop to $82.86. Selling pressure intensified on Saturday as the price slid further, dropping over 3% to $80.30.
Sunday brought more volatility. LTC hit an intraday low of $76.24, but bulls stepped in, helping the price rebound and close the week at $80.16.
As of the current session, LTC is trading around $80.70, up nearly 1%, as buyers attempt to regain control. If bullish momentum holds, the next key level to watch is $85, a zone that could signal a short-term reversal and renewed upward momentum.
TL;DR:
Support held near $76–$80 range
Bulls are defending key levels
Next resistance: $85
Breakout above $85 could open room for $88.50+ targets