Will Litecoin Bounce Back? $113 Becomes Key After Recent Rejection

Name	Symbol	Market	Market Cap ($)	Algorithm
TRON	TRXUSD	Crypto	20,407,561,361	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

TRON

TRXUSD

Crypto

20,407,561,361

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.007568	-3.11%	0.235765	0.235651	0.235756

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.007568

-3.11%

0.235765

0.235651

0.235756

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.244234	0.23475	0.243333	0.243333	0.077142 - 0.449994

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.244234

0.23475

0.243333

0.077142 - 0.449994

Exchange	Last Trade	Size	Trade Price	Currency
KRKN	14:32:58	463.99	0.235765	USD

Exchange

Last Trade

Size

Trade Price

Currency

KRKN

14:32:58

463.99

0.235765

USD

Price x Volume	Volume	Base Symbol	Related Pairs
194,624.04	814,769.93	TRX	TRXEUR	TRXGBP	TRXBTC

Price x Volume

Volume

Base Symbol

Related Pairs

194,624.04

814,769.93

Will Litecoin Bounce Back? $113 Becomes Key After Recent Rejection

12/02/2025 8:00pm

NEWSBTC

Litecoin recent price action has left traders at a crossroads as the cryptocurrency struggles to recover from a sharp rejection at $131. After an attempt to push higher, LTC failed to hold its momentum, turning $113 into a critical level that could shape its next move. With bullish hopes now hinging on this key support, can Litecoin bounce back, or is further downside inevitable? The market is closely watching for signs of strength from buyers, as holding above this level will probably reignite upside momentum and set the stage for another rally. On the other hand, a breakdown could expose Litecoin to deeper losses, putting sellers in control. With uncertainty looming, traders are bracing for LTC’s next big move. Let’s dive into the key technical levels and what they mean for LTC’s future. LTC’s Rejection: What It Means For The Short-Term Trend Following the rejection that halted bullish momentum at $131, Litecoin has continued to exhibit bearish tendencies, struggling to regain upward traction. The failure to break through this key resistance level has reinforced the dominance of sellers, leading to a pullback that now threatens the short-term optimistic outlook. Related Reading: Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs? With $131 acting as a formidable barrier, buyers were unable to sustain the rally, ultimately giving way to increased selling pressure. Its rejection suggests that many traders are choosing to lock in profits, reducing demand and weakening bullish momentum. A decline in buying interest at higher levels indicates hesitation among investors, possibly due to broader market uncertainties or a lack of confidence in future performances. Additionally, key technical indicators are flashing caution signals. The Relative Strength Index (RSI), which measures momentum, is trending lower and approaching the 50% threshold, a critical level that often determines whether bullish or bearish sentiment prevails. A sustained drop below this level would reflect weakening buying strength and increasing selling pressure, reinforcing the potential for further downside movement. What’s Next? Possible Scenarios For Litecoin Price If the $113 support level holds strong, Litecoin may attract renewed buying interest, leading to a possible bounce. A surge in bullish momentum might allow LTC to reclaim lost ground and retest the $131 resistance level. Breaking above this barrier, supported by strong volume, might open the door for a rally toward $146.8 and beyond, signaling a continuation of the uptrend. Related Reading: Analyst Says Litecoin Will Outperform Bitcoin And Large Cap Cryptos With 11,000% Breakout On the downside, if selling pressure intensifies and Litecoin falls below $113, the next major support levels to watch would be $97.9 and $89.7. Falling below these levels could trigger a deeper correction, putting LTC at risk of revisiting lower price zones. Featured image from Medium, chart from Tradingview.com

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