$LTC Analysis
Litecoin's price action suggests a bearish outlook in the short to mid-term. The rejection from $150 and the weekly close below $100 indicate weakness, with $95 acting as a critical support level.
Short-Term (Days to Weeks)
A retest of $95 is ongoing. If it fails, a quick drop to $84 is likely, given the broader crypto market weakness.
If buyers defend $95, a short-term bounce toward $100–$110 could occur, but sustained upside is uncertain.
Mid-Term (Weeks to Months)
If $95 holds and a bullish structure forms, Litecoin could attempt another push toward $120+.
However, if the bearish trend continues, Litecoin may see further declines toward $72 and $65, aligning with historical support zones.
Long-Term (Months to a Year)
A strong recovery depends on overall market sentiment. If the broader crypto market turns bullish, Litecoin could reclaim $100 and trend higher.
If bearish conditions persist, accumulation near $65–$72 could provide long-term buying opportunities.
Overall, the next few weeks are crucial. A sustained close below $95 could trigger further declines, while a bounce could indicate early signs of recovery.