The post Litecoin (LTC) Consolidates at $112 as Technical Indicators Signal Mixed Outlook appeared on BitcoinEthereumNews.com.

Peter Zhang
Sep 03, 2025 11:04

LTC trades at $112.02 (+0.97% daily) following recent breakout from three-year consolidation. Payment adoption surge contrasts with neutral RSI signals.

Quick Take • LTC currently trading at $112.02 (+0.97% in 24h) • Litecoin’s RSI at 47.48 suggests neutral momentum despite recent breakout • Payment adoption milestone as LTC becomes second most-used crypto on CoinGate platform What’s Driving Litecoin Price Today? The LTC price has maintained stability above $112 following last week’s significant 10.85% surge that broke a three-year consolidation pattern on August 27, 2025. This breakout marked a pivotal technical milestone for Litecoin, suggesting renewed institutional and retail interest after an extended period of sideways movement. Supporting this technical breakout, Litecoin achieved a notable adoption milestone by climbing to become the second most-used cryptocurrency for payments on the CoinGate platform. With 14.5% of transactions in July 2025, LTC surpassed both USDC and TRON, demonstrating growing real-world utility that could provide fundamental support for sustained price appreciation. The combination of technical breakout and increased payment adoption has created a constructive backdrop for Litecoin, though current price action suggests the market is consolidating these gains rather than extending the rally immediately. LTC Technical Analysis: Neutral Signals Emerge The Litecoin technical analysis reveals a mixed picture as LTC price consolidates following its recent breakout. Litecoin’s RSI currently sits at 47.48, placing it firmly in neutral territory and suggesting neither overbought nor oversold conditions. This LTC RSI reading indicates that while the recent surge has cooled, there’s room for movement in either direction. Litecoin’s MACD presents a more cautious signal, with the main line at -1.3782 and the signal line at -0.5486, creating a bearish histogram of -0.8297. This bearish momentum indicator suggests that despite the overall bullish trend, short-term…

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Filed under: News - @ September 4, 2025 1:28 am