Litecoin trades near a major 2022 accumulation zone. Analyst eyes $43 floor and a “Great Wall” breakout as LTC holds critical support. Litecoin is trading near a historically significant demand zone. The asset currently sits at $54.06, down 1.28% in 24 hours.  Crypto analyst GeoMetric flagged this level in a recent post. He described the current zone as a value buy area tied to the 2022 bear market lows.  The setup, according to GeoMetric, carries notable weight for long-term position traders. Litecoin Price Revisits Multi-Year Accumulation Zone GeoMetric points to a blue horizontal range on the LTC chart built after the 2022 bear market bottom. Price is now testing the lower boundary of that range again.  $LTC back in the lower accumulation range that formed back during the 2022 bear market making this a value buy area. However, it would be great to see another accumulation beam flash this cycle for confidence. Seeing $43 as the very floor but not necessary to fall that low. Yes… pic.twitter.com/hKlOjdaxqq — GeoMetric (@GeoMetric_9) April 11, 2026 This same zone triggered rebounds in 2023 and again in late 2024. The analyst notes that the range has held for nearly four years, making it technically significant. Inside the range, the 0.5 equilibrium line has repeatedly served as a fair value pivot. LTC is now trading below that midpoint, closer to the range floor.  GeoMetric argues that the longer price stays above support without breaking down, the stronger the case for re-accumulation. A breakdown, however, would weaken the broader thesis. “The Great Wall” Remains the Key Breakout Level The analyst labeled a red resistance zone on the chart as “The Great Wall.” This area has rejected Litecoin multiple times, including during the 2022 retest, the 2024 rally peak, and recent 2025 attempts.  GeoMetric says a weekly close above this supply band would mark the first real sign of an upward resolution. Such a breakout would confirm the cycle range and remove the multi-year ceiling. It would also open price toward prior cycle highs, GeoMetric noted. The market is watching this level closely. Until price clears it, the structure remains unresolved. Related reading:  Crypto ETF News: Litecoin and Hedera ETFs to Begin Trading on Nasdaq LTC Floor at $43 and What It Means for Bulls GeoMetric also outlined a deeper floor at $43.  This level represents the absolute macro support for Litecoin on the higher timeframe chart. He sees it as the final liquidity sweep zone and the last point of invalidation for the accumulation thesis. Importantly, GeoMetric clarified that a drop to $43 is not necessary.  The current zone already qualifies as a valid buy area. Only a significant wave of broader market weakness would likely push price that far down. For now, the analyst sees downside as increasingly compressed near current levels. With 24-hour volume sitting at $233,978,523 and a modest 1.04% weekly gain, LTC continues to hold its ground. All eyes remain on “The Great Wall.” The post Litecoin Hits Key Support: Is a Breakout Coming? appeared first on Live Bitcoin News.

Read full article on LIVE BITCOIN NEWS