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Litecoin outlook bearish below $53.77; upside possible above $59.24 EMA

Technical Signals
01 Nov 2026, 11:05 WIB
Tokenpost
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Neutral
Litecoin outlook bearish below $53.77; upside possible above $59.24 EMA

Technical analyst Dikshant Dibbey forecasts a bearish trend for Litecoin if it closes daily below $53.77, targeting a downside of $47.56. The base trading range is set between $53.77 and $59.24, with $59.24 representing the 50-day exponential moving average (EMA). A daily close above $59.24 could trigger a bullish move toward $65.74 to $74.53. The analysis highlights that Litecoin trading below the $59.24 EMA leans bearish, but an intraday dip below $53.77 alone is not enough to confirm the downside target without a daily close below that level.

Litecoin's technical outlook suggests caution around the $53.77 daily close level, yet on Pluang, LTC is currently trading at Rp1.022.601, up 2.96% as of Nov 01, 2026 16:21 WIB. Despite the analyst's bearish target, the platform shows a market cap of Rp78,47T and a 66% sell order activity, indicating mixed investor sentiment. Typical hold time on Pluang is 79 days, reflecting a moderate-term engagement by users.

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