The post LTC Price Prediction: Litecoin Eyes $62 Recovery Amid Technical Oversold Conditions by March 2026 appeared on BitcoinEthereumNews.com.

Lawrence Jengar
Feb 16, 2026 08:38

Litecoin trades at $54.37 with RSI showing oversold conditions. Technical analysis suggests potential recovery to $62-65 range within 4-6 weeks if key support at $52.26 holds firm.

LTC Price Prediction Summary • Short-term target (1 week): $58-60 • Medium-term forecast (1 month): $62-68 range• Bullish breakout level: $66.94 (Upper Bollinger Band) • Critical support: $52.26 What Crypto Analysts Are Saying About Litecoin While specific analyst predictions are limited in recent data, previous forecasts from December 2025 projected LTC reaching the $87-95 range by end of January 2026. However, current market conditions show Litecoin trading significantly below these targets at $54.37. According to on-chain data platforms, Litecoin’s current positioning suggests the cryptocurrency is experiencing a technical correction phase. The lack of fresh institutional commentary indicates market participants may be adopting a wait-and-see approach as LTC consolidates at current levels. LTC Technical Analysis Breakdown The current LTC price prediction is heavily influenced by several key technical indicators painting a mixed but potentially bullish picture for the medium term. RSI Analysis: Litecoin’s RSI sits at 35.50, indicating neutral to slightly oversold conditions. This suggests the recent selloff may be approaching exhaustion, potentially setting up for a relief rally. Moving Average Structure: LTC trades below all major moving averages, with the 7-day SMA at $54.19 providing immediate resistance. The 20-day SMA at $57.34 represents a critical level for any sustained recovery, while the 50-day SMA at $68.45 remains the medium-term target. MACD Momentum: The MACD histogram at 0.0000 indicates bearish momentum is stabilizing, though not yet showing bullish divergence. This neutral reading suggests potential for momentum shifts in either direction. Bollinger Band Position: With LTC positioned at 0.3451 within the Bollinger Bands (closer to the lower band at $47.75), there’s…

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Filed under: News - @ February 16, 2026 2:28 pm