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Litecoin Nails Critical Weekly Resistance - $50 Plunge Looms If Bulls Fail Here

Litecoin Nails Critical Weekly Resistance - $50 Plunge Looms If Bulls Fail Here

Published:
2025-10-08 12:36:33
27
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Litecoin's moment of truth has arrived.

The silver to Bitcoin's gold tests a make-or-break resistance level that could determine its fate for weeks to come.

Technical Tension Mounts

Every chart watcher's eyes lock on this weekly barrier. Break through - and Litecoin could catch the next crypto wave. Get rejected - and prepare for the $50 tumble that technicals scream about.

Support levels vanish faster than a trader's patience during a flash crash. The $50 target isn't just a number - it's the level where weak hands historically surrender their coins to diamond-handed accumulators.

Risk management becomes paramount when a single candlestick could wipe out weeks of gains. Because in crypto, the only thing more predictable than volatility is how quickly 'experts' change their narrative when the charts move against them.

Litecoin price nears key weekly resistance with downside risk toward $50 if rejected - 1

Source: TradingView

Litecoin price may slide to $50: analyst

Market analyst Ali Martinez projects an even steeper downside toward $50 if the rejection at the $135–$140 resistance zone is confirmed.

A rejection here could send Litecoin $LTC back to $50. pic.twitter.com/92TknuTV8w

— Ali (@ali_charts) October 8, 2025

Despite the strong overhead resistance looming, LTC price may still have room to extend its uptrend, particularly if broader market sentiment and fundamental catalysts align in its favor.

One key bullish factor is the growing anticipation surrounding Canary Capital’s proposed spot Litecoin ETF. The recent amendment to its filing has reignited Optimism that regulatory approval could arrive once the SEC resumes normal operations following the government shutdown.

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