Litecoin (LTC) is currently trading below significant support levels, raising concerns among some in the cryptocurrency community about the future of the digital asset.
LTC7-year trend line is under threat
Cryptocurrency analysts at X highlighted the price movement of Litecoin in their latest post, revealing that the cryptocurrency has fallen below the trend line it has held for seven years on the monthly chart.
🚨WARNING GRAPHIC CONTENT:$LTC is currently BELOW a trendline that it has held for 7 years😱 pic.twitter.com/OdToJGtzPJ
— Nebraskangooner (@Nebraskangooner) January 19, 2026
Although the identified price trend is of great interest to Litecoin users, it is important to note that the current monthly candlestick has not yet closed. Based on this situation, it may be premature to conclude whether Litecoin’s long-term uptrend is under serious threat, considering that the cryptocurrency has tested this trend line multiple times without breaking below it.
Litecoin developers have other plans for the cryptocurrency
Amid the current cryptocurrency market situation, Litecoin founder Charlie Lee outlined Litecoin’s plans and said that the next challenge for cryptocurrencies is focused on practicality. In an interview with David Lin, Lee said he wants Litecoin to be available and not just a stored asset.
According to Lee, Litecoin already serves more practical purposes than Bitcoin. He pointed out that people are actually consuming cryptocurrencies and using them to buy things. Meanwhile, he highlighted the digital asset’s privacy features, noting that this is something the Litecoin development team has been working on, particularly with the MWEB layer, an optional privacy and scalability layer that will be added to the Litecoin blockchain in 2022. This layer allows users to conduct confidential transactions by hiding amounts and addresses.
Altcoin season isn’t here yet
Meanwhile, Lee said that altcoin season is not yet here. He said most crypto users are still trying to figure out which direction the crypto market will go, whether it will return to previous highs or fall. He said the market is currently in an intermediate state.
Related articles: Litecoin Price Prediction 2026: Battle for Bitcoin Dominance with LitVM Smart Contract and ETF Launch
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