Can Litecoin price rebound to $285? This trend presents five main levels:
Since the start of the year, Litecoin’s price has fallen by nearly a third of its January opening, and briefly traded around $45 in early February. Prolonged decline I kept my emotions quiet, However, the price of Litecoin is now back to around $53.
no way Latest technical analysis According to what cryptocurrency analyst Jonathan Carter shared on X, a triangle support defense is currently underway for Litecoin. Technical analysis of Litecoin’s price chart shows a descending triangle that has been developing for several years on the weekly time frame. Litecoin is currently trading close to the triangle support line. Reaction to this support This will determine whether Litecoin can launch to $285.
Falling triangle support faces major test
The weekly chart shows that Litecoin is locked. Inside a large descending triangle structureThere is a downward resistance trend line that has rejected the rally since the 2021 high of $410. Each subsequent rally produced lower highs, which resulted in a long-term compression pattern.
Related Reading
The price is now near the lower boundary of the formation, around $55-$45. This area has always attracted buyer interest and is important because Litecoin has not traded below this level since August 2020.
Carter noted that Litecoin is attempting to bounce off this lower boundary, with bulls stepping in as trading volume begins to increase. If this level persists, it will strengthen the argument that there is a return to upward momentum.
Five Major Levels of the Higher Path
The optimistic outlook is that Litecoin The upward trend is expected to continue After my recent application was rejected. The most recent weekly candle has the character of a reversal, as last week’s candle and the Doji candle reversed together. This pattern emerged after five consecutive weekly closes in the red, making last week’s candle particularly noteworthy as it suggests potential exhaustion of sellers and the early stages of a trend change.
Related Reading
If Litecoin sustains a bounce from the triangle base, there are a series of important resistance levels that could form a recovery. Carter cited varying upside potential between $285 and $285 as his final price target.
The first checkpoint costs about $63. It served as a pivot area throughout 2025. Clearing this level on a weekly basis is likely to shift near-term momentum in favor of buyers. Above that, there is another resistance near $85 that could slow the advance.
The next intermediate target is $115 and the 2025 high is around $140. A break through these levels could point to a bullish structure in which Litecoin returns to price levels not seen since the 2021/2022 cycle. In this case, the target price is around $180 and the final and most ambitious level on the chart is $285. However, this is still lower than Litecoin’s long-standing high of $410 in May 2021.
Featured image from iStock, chart from Tradingview.com
