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LTC/BTC Chart Forms Bullish Divergence After Multi-Year Downtrend

LTC/BTC Chart Forms Bullish Divergence After Multi-Year Downtrend

CryptonewslandCryptonewsland2025/11/09 05:57
By:by Yusuf Islam
  • LTC/BTC pair approaches channel support forming a bullish divergence on long-term charts.
  • Analyst RickduNTZ confirms continued bullish outlook for Litecoin after hitting lower trendline.
  • Price compression hints at a possible recovery phase as RSI shows upward momentum shift.

Litecoin’s chart against Bitcoin has reached the lower boundary of a multi-year descending channel, forming a structure that analysts say could mark the start of a major recovery. Data from Kraken on the LTC/BTC monthly chart indicates a strong bullish divergence emerging between price and RSI, suggesting momentum may be shifting upward.

To everyone that asked if I am still bullish on $LTC . Yes. Yes I am pic.twitter.com/x58EIw0KKx

— RickUntZ (@chrono_chartist) November 7, 2025

Bullish Divergence Near Historical Support

The long-term chart reveals Litecoin trading near a critical support zone after a steady decline over several years. The structure highlights repeated reactions along the same descending channel, confirming a well-defined long-term range between upper resistance and lower support levels.

The lower boundary, marked by a visible red circle, represents a zone where price has previously rebounded with strong upward momentum. The RSI indicator below the chart shows higher lows forming while the price continues to test lower levels — a classic sign of bullish divergence.

Analyst RickduNTZ, who shared the setup on November 7, 2025, stated that he remains bullish on Litecoin. His remarks followed persistent inquiries about his position, confirming his optimism based on the observed structure and RSI convergence.

Technical Structure Suggests Accumulation Phase

This long-term setup suggests Litecoin may be entering a period of reaccumulation within the lower part of the channel. Historically, similar conditions preceded major upward reversals when volume expansion followed price compression.

The current configuration mirrors past market cycles where Litecoin regained relative strength against Bitcoin after prolonged weakness. Each touch of the lower boundary since 2015 has led to multi-month rallies, often signaling renewed investor confidence.

The presence of converging trendlines supports the view that the asset’s downward momentum may be nearing exhaustion. Traders observing the LTC/BTC ratio see the compression as a potential foundation for a larger upward swing if confirmed by a monthly close above the midline.

Market Sentiment and Long-Term Outlook

Community discussions following the chart reveal broad support for a long-term bullish scenario. Several market participants view the RSI divergence as the most convincing sign of potential reversal since Litecoin’s 2019 recovery phase.

Data also indicates that the LTC/BTC ratio is now testing a multi-year structural support that has remained intact for nearly a decade. Analysts note that such zones often represent accumulation areas where selling pressure diminishes and long-term holders begin re-entering positions.

The broader question emerging among traders is whether this confluence of technical signals will translate into a sustained recovery. With momentum indicators aligning and price stabilizing at historical support, the focus turns to Litecoin’s ability to reclaim its upper range and reestablish dominance against Bitcoin in the months ahead.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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