Litecoin Faces 3-Month Resistance—Will Price Break Out Or Fall? | Airdrop Alert Pro

Over the past three months, Litecoin (LTC) has faced ongoing challenges, failing to break through key resistance at $136. Despite recent attempts to violate this barrier, Altcoin is still working to maintain its upward momentum.

While some believe a breakthrough is about to be achieved, the lack of investor support indicates that prices may drop further.

Litecoin investors do not support it

According to the average coin age (MCA) indicator, long-term holders of Litecoin (LTHS) have not shown substantial bullish behavior recently. The lack of significant rise indicates little accumulation and therefore the market is stagnant. If the MCA indicator shows a significant low profile, it may indicate that LTH has sold its shares, which would be a bearish sign. However, since this did not happen, Litecoin may avoid A sharp collapse, but still struggling to attract long-term investment.

Without the strong belief of LTHS, Litecoin may continue to move sideways without major rally. This minimal accumulation of investors who usually determine the long-term trend makes altcoins prone to falling into the same range without meaningful progress. Litecoin seems unlikely to be available until LTHS shows more interest.

Litecoin’s overall macro dynamics are severely affected by the Chaikin Money Flow (CMF) indicator, which has been working hard to maintain the neutral line over the past two months. The lack of inflows has hindered Litecoin’s ability to act sharply. Although the CMF has shown some signs of upward movement recently, it has not yet shown a sustained rise, putting the altcoin in a state of hesitation.

Since the beginning of this year Litecoin price Still relatively flat, no strong market inflow caused it to stagnate. CMF’s ongoing efforts to break the zeros reflects a wider market hesitation for Litecoin. Although the recent rise offers some hope, it is uncertain whether this momentum can continue.

LTC price faces key obstacles

Now, Litecoin is trading $129, reflecting 13% of the past 24 hours. This rise brings the altcoin closer to the critical resistance of $136, which has been working to violate for the past three months. The current price transfer suggests that Litecoin may hold another rally, but the same factors that led to previous failures.

If Litecoin fails to violate the $136 resistance, the price may drop to $117, while further support is $105. A decline below these levels will indicate a continuation of the downward trend, allowing Litecoin to place Litecoin below key resistance for a long time.

if Litecoin Success A major rally followed by a resistor of over $136 and pouring it into support. The next target will be $147, slightly below the psychological $150 price point. Achieving this goal will invalidate the bearish outlook and may push Litecoin toward a higher price.