The post Litecocom. Terrill Dicki Oct 17, 2025 19: 23 LTC price trades at $90. 78 near critical Bollinger Band support after recent weakness, with technical indicators suggesting potential short-term reversal ahead. Quick Take • LTC trading at $90. 78 (up 0. 2% in 24h) • No major news catalysts driving price action this week • Testing lower Bollinger Band support at $85. 31 level • Bitcoin correlation remains strong amid broader crypto consolidation Market Events Driving Litecoin Price Movement Trading on technical factors in absence of major catalysts has characterized LTC price action over the past week. No significant news events have emerged in the past 48 hours to drive fundamental price movement, leaving Litecoin largely dependent on technical support levels and broader cryptocurrency market sentiment. The modest 0. 18% daily gain represents a stabilization attempt after recent weakness that saw LTC price decline from levels above $95 earlier this week. With Bitcoin showing positive momentum today, Litecoin is benefiting from the correlation effect that typically sees alternative cryptocurrencies follow the leading digital asset’s directional moves. Volume on Binance spot market remains elevated at $99. 9 million over 24 hours, suggesting continued institutional and retail interest despite the sideways price action. This volume level indicates healthy market participation as traders position around key technical levels. LTC Technical Analysis: Oversold Conditions Emerging Price Action Context Litecoin technical analysis reveals the asset trading well below all major moving averages, with LTC price sitting $17 below the 20-day SMA at $107. 94 and $19 below the 50-day SMA at $110. 34. This positioning indicates the current weakness extends beyond short-term volatility into a more sustained corrective phase. The cryptocurrency remains above its 200-day moving average at $99. 34, providing a crucial long-term support reference point. This level has historically served as a significant battleground between bulls and.