The post Litecoin (LTC) Price Prediction: Litecoin Holds $97 Support, Setting Up a Potential Push Toward $101 appeared on BitcoinEthereumNews.com.

Litecoin (LTC) is testing traders’ patience once again as it clings to crucial support near $97, with bulls eyeing a rebound toward the $100–$101 zone amid rising market uncertainty. After a brief dip that rattled investors, Litecoin has managed to hold its footing—a sign that the market may be preparing for its next directional move. Technical indicators now suggest a delicate balance between consolidation and recovery as traders watch whether Litecoin can sustain its base before launching higher. Technical Setup: Key Support at $97 and Resistance at $101 The recent correction saw the Litecoin price slip about 2.5% to touch $96, sweeping the $92 support before quickly rebounding. This price action indicates that short-term sellers may be losing control, while liquidity beneath the structure has already been tested. If buyers continue to defend the $97–$98 area, the stage could be set for another attempt to break into the $100–$101 liquidity zone. Litecoin (LTC) is attempting a recovery above $95 after sweeping $92 lows, with $97–$98 serving as the key zone for a potential move toward $100–$101. Source: @bl_ockchain via X Chart analysis shows encouraging signals for the bulls. Fair value gaps and equal-high formations have emerged—technical features often interpreted as early signs of renewed accumulation. A decisive close above $101 could validate the short-term bullish case and open the path toward retesting $103, a key resistance level from earlier this month. Broader Market Context and On-Chain Strength Despite the current choppiness, Litecoin continues to show steady network health and increasing on-chain engagement. The hashrate remains robust in 2025, reflecting both stronger miner participation and long-term confidence in the asset’s stability. This strengthening of computational power is often considered a backbone of security and investor trust in the blockchain. Litecoin was trading at around $96.71, down 2.81% in the last 24…

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Filed under: News - @ October 16, 2025 7:21 am