Wednesday, September 9, 2026
No Result
View All Result
  • Home
  • Market Overview
    • All
    • Crude Oil Prices
    • Cryptocurrency News
    • Economy News
    • ETFs
    • Foreign Exchange News
    • Indices
    • Stock Market

    UN Food Security Report Finds $540BN in Farm Subsidies Locked Into Commodities That Crowd Out Plant Foods – vegconomist

    AEGIS Hedging to Be Acquired by Private Equity at Goldman Sachs Alternatives

    Glencore plans large LME lead withdrawals after stocks surge, sources say

    AI Turns Competence into a Commodity: Evidence from 2.26 Million Freelance Contracts

    JPMAM adds commodities to lagging multi-asset strats

    New Houthi maritime strikes keep European gas futures pinned near multi-month peak

    • Crude Oil Prices
    • Cryptocurrency News
    • Economy News
    • ETFs
    • Indices
    • Stock Market
    • Foreign Exchange News
    • Commodities News
  • Forex Market
    • All
    • Central Banks News
    • Currencies
    • Interest Rate
    • Nonfarm Payroll

    US August PPI Preview: Producer Inflation May Reaccelerate, How Will US Stocks, Dollar, and Gold React?

    Ringgit opens slightly higher against dollar ahead of key US CPI

    US labour market resilience may keep Fed cautious on September rate decision

    August NFP Beats Expectations: Fed Hike Next?

    US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1% | WIN 98.5 Your Country | WNWN-FM

    US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%

    US August Nonfarm Payrolls Preview: How Much Will It Impact the Fed’s September Rate Hike Decision?

    August NFP: Strong Jobs, Stock Risk

    Understanding Nonfarm Payroll and Its Economic Impact

    • Central Banks News
    • Currencies
    • Interest Rate
    • Nonfarm Payroll
  • Commodities
    • All
    • Gold
    • Oil and Gas
    • Silver

    Silver Outlook: VC PMI and Cycle Date Analysis Point to Next Bullish Opportunity

    Silver analysis today

    Gold and Silver Market Correction 2026: Is the Bull Market Over?

    Silver Tracking Industrial Demand as Manufacturing and Inflation Shape Markets

    Silver VC PMI Outlook: Buy-Level Support Targets $61.51 Weekly Resistance

    Silver Tests Critical VC PMI Demand Zone as Cycle Window Hints Potential Reversal

    • Gold
    • Oil and Gas
    • Silver
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Solana
    • XRP

    Litecoin Price Prediction: Is LTC Heading Toward $40 After Trendline Breakdown?

    Ripple Launches Ripple Mint for Institutional RLUSD Access

    Litecoin Approaches Descending Channel Breakout as Technical Momentum Builds

    Ripple Launches Institutional Mint Platform for RLUSD Amid Transfer Volume Drop

    The ripple effects of farming injuries

    Litecoin Price Risks Drop to $35 if $43 Support Breaks

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Solana
    • XRP
  • Charts
  • Economic Calendar
  • FX Analysis
    • EUR/USD
    • GBP/USD
No Result
View All Result
Home Crypto
2 months ago

Litecoin Price Prediction: Is LTC Heading Toward $40 After Trendline Breakdown?

Litecoin (LTC) has broken below its ascending support trendline, confirming a shift in short-term market structure. The breakdown was followed by a failed retest, indicating that previous support has turned into resistance. With bearish momentum building near a key order block, traders are now watching whether LTC price can defend $44 or extend its decline toward the $41 support zone.

Litecoin Struggles Below Key Resistance

Litecoin remains under pressure after breaking below the $48–$50 support zone, which has now flipped into a strong resistance area. The recent recovery attempt stalled just below this zone, confirming that sellers continue to defend higher prices. Unless LTC reclaims this range, the broader trend remains tilted to the downside.

The MACD is also losing bullish momentum, with the signal lines converging toward a bearish crossover. At the same time, the histogram has started fading, indicating that buying momentum is weakening after the recent bounce. This suggests the recovery is losing strength before reaching a major resistance level.

Meanwhile, the RSI has slipped back toward the neutral 50 level after failing to sustain its recent advance. This reflects fading buying pressure and leaves room for another leg lower if sellers regain momentum.

Add Coinpedia as a trusted source in Google NewsAdd Coinpedia as a trusted source in Google News

What’s Next for Litecoin Price?

Litecoin enters the final week of the month at a decisive point. The recent rejection has delayed any immediate recovery, leaving buyers with little room for error. A sustained move above the former support zone would be needed to shift market sentiment, while continued weakness could encourage sellers to press their advantage.

In the near term, $40 remains the most realistic downside target if bearish pressure persists. A successful defense of this level could attract fresh buying interest and trigger another recovery attempt. On the upside, reclaiming the $48–$50 zone would improve the technical outlook and allow LTC to target the $54 region over the coming weeks. Until either scenario unfolds, Litecoin is likely to remain in a range where confirmation—not anticipation—will determine the next meaningful trend.

Was this writing helpful?

Tell us why!

Share this insight with your network!

Story Ends Here

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Read the Next News

Source: Original Article

RelatedPosts

Crypto

Ripple Launches Ripple Mint for Institutional RLUSD Access

July 25, 2026
Crypto

Litecoin Approaches Descending Channel Breakout as Technical Momentum Builds

July 24, 2026
Crypto

Ripple Launches Institutional Mint Platform for RLUSD Amid Transfer Volume Drop

July 24, 2026
Forex Market

US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1% | WIN 98.5 Your Country | WNWN-FM

September 4, 2026
Forex Market

US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%

September 4, 2026
Forex Market

US August Nonfarm Payrolls Preview: How Much Will It Impact the Fed’s September Rate Hike Decision?

September 2, 2026
Forex Market

August NFP: Strong Jobs, Stock Risk

September 2, 2026
Market News Board | Market Analysis,Charts & News

MarketNewsBoard delivers trusted financial news, real-time market analysis, interactive charts, and economic insights across the global financial markets.

Covering Forex, Commodities, Stocks, Indices, Cryptocurrencies, and major economic events...

Market Overview

  • Forex Market
  • Commodities
  • Cryptocurrency News
  • Stocks
  • Indices
  • Crude Oil Prices
  • Economic Calendar

Resources

  • Central Banks News
  • Economy News
  • Interest Rate
  • Nonfarm Payroll
  • Charts

Tools

  • Currency Heat Map
  • Correlation Matrix
  • Market Sentiment
  • Currency Cross Rates
  • Crypto Rates
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

© 2026 MarketNewsBoard | Market Analysis, Charts & News.

AAPL
$316.22
AMZN
$256.97
BTC-USD
$79,162.18
EURUSD=X
$1.16
DX-Y.NYB
$98.81
NVDA
$225.73
TSLA
$368.16
DOW
$29.57
^N225
$65,142.78
JPY=X
$153.50
GBPUSD=X
$1.35
CAD=X
$1.38
NG=F
$2.88
BZ=F
$100.72
NFLX
$76.77
GOOG
$335.38
MSFT
$493.95
^RUT
$2,960.20
^FTSE
$10,738.05
AUDUSD=X
$0.722
CHF=X
$0.809
HG=F
$6.76
ETH=F
$2,497.50
No Result
View All Result
  • Home

© 2026 MarketNewsBoard | Market Analysis, Charts & News.