As of October 17, 2025, Litecoin (LTC) finds itself navigating challenging market conditions with technical indicators pointing toward a prolonged decline. The cryptocurrency currently trades at $91.70, marking a significant 2.92% drop within the past 24 hours alone. This downward movement reflects mounting bearish pressure that has been building across the market. Technical analysts have identified a crucial support level at $87.58, which many believe will serve as the determining factor for Litecoin's near-term trajectory. Should this support level fail to hold, experts predict a further decline toward the $87-$95 range, creating a challenging environment for LTC investors and traders alike. The current technical landscape reveals that Litecoin is struggling to maintain momentum below both the 50-day and 200-day moving averages, traditionally considered key indicators of market sentiment. This positioning below critical moving averages suggests that the bearish trend may have more room to run, potentially extending through the remainder of 2025. Market observers have expressed caution, noting that the combination of these technical factors creates a perfect storm for continued downward pressure. The $87.58 support level becomes increasingly critical as each trading session passes, with a breach potentially opening the door to even lower price targets. Despite the current bearish outlook, seasoned cryptocurrency practitioners recognize that market conditions can shift rapidly. The projected decline through 2025 represents a significant test for Litecoin's resilience and could potentially create attractive entry points for long-term investors who maintain faith in the digital asset's fundamental value proposition. However, in the immediate term, traders are advised to exercise caution and closely monitor the $87.58 support level, as its integrity or failure will likely dictate LTC's price action in the coming weeks and months.
LTC Price Prediction: Technical Indicators Signal Prolonged Decline Through 2025
Litecoin faces mounting bearish pressure as technical analysis points to a potential drop toward the $87-$95 range. The cryptocurrency currently trades at $91.70, reflecting a 2.92% decline over the past 24 hours. Key support rests at $87.58—a level analysts warn could determine Litecoin's near-term trajectory.
Market observers remain cautious as LTC struggles below both 50-day and 200-day moving averages. Changelly's $95.90 forecast appears increasingly optimistic against current momentum, while 30 Rates projects a more conservative $91.49 target. The Bollinger Band lower boundary at $85.50 may come into play should selling pressure intensify.