• Litecoin is showing steady signs of recovery as price holds firm above the $91.50 support mark.
• A strong daily close could trigger movement toward $112 which acts as the next technical resistance zone.
• Traders are watching Bitcoin stability since it could decide whether Litecoin confirms a larger breakout soon.

Litecoin (LTC) is attempting to regain bullish momentum after both its weekly and daily candles closed indecisively, following Bitcoin’s neutral move. Despite the lack of a clear breakout, the daily chart printed a slightly green candle, reflecting early signs of renewed strength. Analysts suggest that LTCBTC must produce consistent bullish daily candles from the current range to maintain a positive structure.

At press time, Litecoin trades near $93.16, with analysts observing key resistance at $96.00 and upside potential extending toward $112.00. Maintaining stability above $91.50 is viewed as a crucial requirement for any near-term rally formation. The recent market recovery attempt follows weeks of weakness triggered by a broad crypto correction earlier in the month.

CryptoWzrd analysts noted that the $96 resistance represents the next key threshold for Litecoin. A decisive close above this level could validate a breakout setup and signal renewed confidence among market participants. Until then, the focus remains on short-term trade formations developing on lower time frames.

Technical Structure and Resistance Targets

According to the latest technical chart, Litecoin’s market action has been choppy, showing limited direction as price oscillates between major support and resistance zones. Analysts observed that LTCBTC’s inability to maintain directional momentum in previous sessions was largely due to Bitcoin’s muted volatility, which limited spillover effects across correlated assets.

Holding above the $91.50 support line could determine whether Litecoin regains its earlier strength. The analysts highlighted that a daily close above $96.00 would open the path toward the next target at $112.00, representing a potential upside of more than 20% from current levels.

In contrast, failure to hold this threshold may lead to renewed retesting of lower supports near $80.00, where prior consolidations occurred in September. These levels have historically provided strong price reactions, suggesting that bulls may defend them if weakness returns.

The Litecoin chart also shows gradual recovery following a sharp drawdown during the last market crash. Analysts anticipate that the market may require additional time to repair the damage and establish stronger technical footing before initiating a broader upward trend.

Could Litecoin’s slow but steady rebound mark the beginning of a new medium-term recovery phase similar to its prior June breakout?

Intraday Chart Insights and Short-Term Scenarios

On the intraday chart, Litecoin’s price action remains slow and slightly volatile, hovering above its key short-term support zone. Analysts from CryptoWzrd describe the pattern as consolidative but holding constructive momentum, especially if Bitcoin maintains its stability over the coming sessions.

A successful defense of the $91.50 level is expected to attract buyers looking for early entries before a breakout confirmation. In this case, Litecoin could revisit the $101.50 resistance zone, which aligns with earlier trading activity observed before the recent market pullback.

However, analysts maintain a rational outlook, noting that while short-term trades could offer quick opportunities, a sustained upward structure would require confirmation from Bitcoin’s broader price action. The relationship between both assets remains critical, as Bitcoin often dictates directional bias for Litecoin and other correlated altcoins.

CryptoWzrd concluded that patience will be essential for traders awaiting clearer signals. The current setup presents a narrow consolidation window where breakouts are likely to form over the next few sessions. If the bullish scenario holds, Litecoin’s movement toward $112.00 could represent the first significant recovery wave since its early October decline.