Is Litecoin’s (LTC) Price Rally Over—Or Is a Surprise Breakout Coming?
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The post Is Litecoin’s (LTC) Price Rally Over—Or Is a Surprise Breakout Coming? appeared first on Coinpedia Fintech News Litecoin isn’t the market favorite it once was. Since the beginning of the year, the price has dropped more than 36%, sliding to around $45 before showing signs of life during the recent market bounce. Even with that recovery, LTC price remains stuck below $55, a level that now acts as a ceiling rather than support. The broader signals still lean cautious, and momentum hasn’t fully shifted in favor of the bulls. That said, the chart structure suggests this compression could resolve higher. If buyers manage to push past $55 with strength, a move toward $70–$75 could quickly come into play. Drop in Open Interest Hints Long Liquidations Litecoin’s open interest tells a clear story of fading conviction. Over the past few months, both price and open interest have trended lower, signaling long liquidation rather than aggressive new short positioning. In simple terms, traders are stepping away instead of building fresh bets. The steady decline in OI suggests deleveraging and reduced speculative participation, which often accompanies weak momentum phases. Interestingly, previous spikes in open interest were followed by sharp price swings, but the current environment shows contraction instead of expansion. This drop in participation reflects caution across derivatives markets. It explains why LTC struggles to sustain recoveries; without rising open interest, breakout attempts lack the fuel needed for a sustained move higher. What’s Next for the LTC Price Rally? On the 4-hour chart, Litecoin is forming a tightening structure just beneath the $55–$56 resistance zone. Price continues to print higher lows along the rising trendline near $49–$50, suggesting buyers are gradually stepping in. However, the horizontal resistance around $55 remains firm, creating a developing ascending triangle setup. Momentum indicators reflect indecision.…
Filed under: News - @ February 19, 2026 1:19 am