The price continues to move down, but the Litecoin chart shows signs that the downward momentum is likely to end soon.
Litecoin continues to move within the Triple Three wave structure. Now, apparently, the formation of the wave [xx] has completed on the chart and the development of an upward movement can be expected with the wave [z].
Within a lower-degree wave structure, the development of a triple three is noted. The formation of the wave (z) is being completed in this structure. Against this background, the completion of correction and the beginning of a more directional movement are expected.
Despite the current downward movement on the Litecoin chart, the situation may change soon. The corrective wave is close to completion, which may indicate the possibility of a price reversal.
In the current situation, it is worth paying more attention to long positions.
Litecoin H1: Wave Analysis for the American Session on 22.10.2025
