LTC Price Prediction: Litecoin Eyes $80-85 Recovery by February as RSI Shows Oversold Bounce Potential
The post LTC Price Prediction: Litecoin Eyes $80-85 Recovery by February as RSI Shows Oversold Bounce Potential appeared on BitcoinEthereumNews.com.
Caroline Bishop
Jan 20, 2026 06:08
Litecoin trades at $70.53 with oversold RSI at 33.90 suggesting potential bounce. Technical analysis points to $80-85 resistance zone within 3-4 weeks if $68.50 support holds.
Litecoin continues to trade in a consolidation phase as January 2026 unfolds, with the digital silver currently priced at $70.53. Technical indicators suggest LTC is approaching oversold territory, potentially setting up for a relief rally toward the $80-85 resistance zone in the coming weeks. LTC Price Prediction Summary • Short-term target (1 week): $73-75• Medium-term forecast (1 month): $80-85 range• Bullish breakout level: $86.76 (Upper Bollinger Band) • Critical support: $68.50 What Crypto Analysts Are Saying About Litecoin Recent analyst commentary provides mixed but cautiously optimistic views on Litecoin’s near-term prospects. Alvin Lang noted on January 14, 2026: “Litecoin trades at $78.78 with analysts forecasting recovery to $87-95 range if critical support holds.” More recently, Terrill Dicki observed on January 16, 2026: “Litecoin trades at $72.20 with oversold RSI at 33.44. Technical analysis suggests LTC could rebound to $80-85 resistance zone within 3-4 weeks if key support holds at $68.80.” These Litecoin forecast predictions align with current technical conditions, as LTC has indeed moved closer to the critical support levels mentioned by analysts. LTC Technical Analysis Breakdown The current technical landscape for Litecoin presents several key signals worth monitoring. The RSI reading of 33.90 places LTC in neutral territory, though it’s approaching oversold conditions that historically precede bounce attempts. The MACD histogram sits at 0.0000, indicating bearish momentum has potentially stalled, while the MACD line at -2.2957 suggests continued downward pressure. However, this configuration often marks transition periods where momentum shifts can occur. Litecoin’s position within the Bollinger Bands is particularly noteworthy, with a %B reading of 0.0467 placing it…
Filed under: News - @ January 20, 2026 8:29 am