Litecoin trades at $57.30 with extremely oversold RSI at 24.73, setting up potential bounce toward $65-72 resistance zone as technical indicators signal oversoldLitecoin trades at $57.30 with extremely oversold RSI at 24.73, setting up potential bounce toward $65-72 resistance zone as technical indicators signal oversold

LTC Price Prediction: Targets $65-72 Recovery by March 2026

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LTC Price Prediction: Targets $65-72 Recovery by March 2026

Caroline Bishop Feb 05, 2026 10:51

Litecoin trades at $57.30 with extremely oversold RSI at 24.73, setting up potential bounce toward $65-72 resistance zone as technical indicators signal oversold conditions.

LTC Price Prediction: Targets $65-72 Recovery by March 2026

LTC Price Prediction Summary

• Short-term target (1 week): $61-65 • Medium-term forecast (1 month): $65-72 range
• Bullish breakout level: $73 • Critical support: $55

What Crypto Analysts Are Saying About Litecoin

While specific analyst predictions from major KOLs are limited in recent days, independent market analysts have provided bullish forecasts for Litecoin's recovery potential. Peter Zhang noted on January 22, 2026, that "Litecoin is targeting a recovery to the $72-80 range by February 2026."

Lawrence Jengar highlighted on January 21, 2026, that "oversold conditions suggest a potential LTC recovery to the $72-75 range," while Felix Pinkston observed that "Litecoin trades with oversold RSI, and analysts forecast LTC recovery to $72-80 range as technical indicators suggest potential bounce from current support levels."

According to on-chain data from major analytics platforms, Litecoin's current positioning suggests significant oversold conditions that historically precede price reversals.

LTC Technical Analysis Breakdown

Litecoin's current technical setup presents a compelling oversold scenario. Trading at $57.30, LTC has declined 4.99% in the past 24 hours, with the daily RSI plummeting to an extremely oversold level of 24.73. This RSI reading is among the most oversold conditions seen for Litecoin in recent months.

The MACD indicator shows bearish momentum at -4.6719, with the histogram at 0.0000, suggesting the selling pressure may be stabilizing. Litecoin's position within the Bollinger Bands tells a similar story, with the %B position at 0.0694, indicating the price is trading very close to the lower band at $55.90.

Key moving averages reveal the extent of the current correction. LTC trades significantly below all major moving averages, with the 7-day SMA at $59.88, 20-day SMA at $66.00, and 50-day SMA at $73.57. The 200-day SMA sits much higher at $96.16, highlighting the longer-term bearish trend.

Critical support has emerged at $54.95, while immediate resistance lies at $59.42, followed by stronger resistance at $61.53.

Litecoin Price Targets: Bull vs Bear Case

Bullish Scenario

The primary bullish case for this LTC price prediction centers on the extremely oversold RSI conditions. Historical precedent suggests that RSI readings below 25 often coincide with significant bounce opportunities. The initial target sits at $61.53, representing the immediate resistance level.

A break above $61.53 would likely trigger momentum toward the $65-67 zone, aligning with analyst forecasts. The ultimate bullish target remains the $72-80 range identified by multiple analysts, which would require breaking above the 50-day SMA at $73.57.

Technical confirmation for the bullish scenario would include RSI recovery above 30, MACD histogram turning positive, and sustained trading above the $59.42 resistance level.

Bearish Scenario

The bearish case for Litecoin forecast involves a breakdown below the critical $54.95 support level. Such a move would likely accelerate selling pressure toward the next significant support zones in the $50-52 range.

Risk factors include broader cryptocurrency market weakness, continued selling pressure from long-term holders, and failure to establish RSI divergence patterns. A break below $54.95 would invalidate the near-term bullish thesis and potentially extend the correction further.

Should You Buy LTC? Entry Strategy

Based on current technical analysis, a layered entry approach appears most prudent for LTC price prediction positioning. The primary entry zone lies between $55-57, taking advantage of the oversold conditions while maintaining risk management protocols.

Conservative investors might wait for RSI recovery above 30 before initiating positions, while more aggressive traders could consider dollar-cost averaging into the current levels. A stop-loss below $54.00 would provide protection against extended downside moves.

The risk-reward ratio appears favorable at current levels, with potential upside to $65-72 representing 15-25% gains from the $57.30 entry point, while downside risk to the $54.95 support suggests limited additional losses.

Conclusion

This Litecoin forecast suggests a high probability of near-term recovery based on extremely oversold technical conditions. The convergence of RSI readings below 25, proximity to Bollinger Band lower bounds, and analyst targets in the $72-80 range support a bullish medium-term outlook.

However, cryptocurrency markets remain highly volatile and unpredictable. This LTC price prediction should be considered alongside broader market conditions and individual risk tolerance. Always conduct thorough research and consider consulting with financial advisors before making investment decisions.

Disclaimer: Cryptocurrency price predictions are inherently speculative and should not constitute financial advice. Past performance does not guarantee future results, and all investments carry risk of loss.

Image source: Shutterstock
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