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Since the start of the year, Litecoin’s price has fallen by almost a third of its January open, tumbling massively and briefly trading around $45 in early February. The prolonged pullback has kept sentiment quiet, but Litecoin’s price is now back to stabilizing around $53. A recent technical analysis shared on X by crypto analyst Jonathan Carter shows that a triangle support defense is currently playing out for Litecoin. Technical analysis of Litecoin’s price chart shows a descending triangle that has been developing for several years on the weekly timeframe. Right now, Litecoin is trading close to the triangle support, and the reaction at this support will determine whether Litecoin could launch to $285. Descending Triangle Support Faces Major Test The weekly chart shows Litecoin locked inside a large descending triangle structure, with a downward-sloping resistance trendline that has rejected rallies since its 2021 peak at $410. Each subsequent rally has printed lower highs, and this has led to a long-term compression pattern. Related Reading: Litecoin Closes Bullish — $57 Break Could Ignite Next Leg Up Now, the price is sitting near the lower border of the formation, around $55-$45. This area is important because it has always attracted buyers, and Litecoin has never traded below this level since August 2020.  Carter noted that Litecoin is attempting to bounce from this lower border, with bulls stepping in as trading volume begins to increase.If this level continues to hold, it would strengthen the case that there is a return to bullish momentum. The Five Major Levels On The Path Higher The bullish outlook is that Litecoin is about to keep trending upwards after recently bouncing on the support. The most recent weekly candlesticks have been a reversal in nature, with a doji candlestick with last week’s candle, which is a reversal candlestick. That formation came after five consecutive weekly red closes, and this makes last week’s candle particularly notable, as it hints at potential exhaustion from sellers and the early stages of a trend change. Related Reading: Why Litecoin Price Going To $2,000 Is Not A Fantasy, But Market Cap Math If Litecoin sustains a bounce from the triangle’s base, then there is a sequence of important resistance levels that could shape the recovery. Carter noted various upside checkpoints in between and $285 as the ultimate price target. The first checkpoint sits around $63, a price level that acted as a pivot area throughout 2025. Clearing this level on a weekly basis would likely change the short-term momentum in favor of buyers. Above that, there is another resistance around $85 that could slow the advance. The next mid-range targets are $115 and the 2025 swing high around $140. A move through these levels would point to a bullish structure where Litecoin returns to price levels not seen since the 2021/2022 cycle. In this case, the price targets are around $180, and the final and most ambitious level on the chart is $285. However, this is still below the long-standing Litecoin all-time high of $410 in May 2021. Featured Image from iStock, chart from Tradingview.com

Litecoin has closed the daily session on a bullish note, signaling renewed short-term momentum as price presses against a key resistance level. With $57 now acting as the immediate barrier, a decisive breakout and sustained hold above this zone could open the door for the next leg higher, potentially accelerating upside toward the mid-$60s. Bullish Daily Close Signals Early Strength Providing a daily technical outlook on Litecoin, crypto analyst CryptoWzrd noted that LTC closed the session with a bullish daily candle, largely mirroring Bitcoin’s upward movement. The positive close signals improving short-term momentum, but the expert cautioned that broader continuation will require confirmation from additional market factors, particularly the LTCBTC pair. Related Reading: Litecoin Structure Intact, But $63 Remains The Line Bulls Must Defend Although Litecoin printed a constructive candle, LTCBTC closed indecisively, reflecting hesitation in Litecoin’s relative strength against Bitcoin. Sustained upside for LTC will likely depend on a shift toward clear bullish sentiment in LTCBTC, as that would confirm capital rotation and stronger underlying demand. From a structural perspective, CrytoWzrd emphasized that one more strong bullish daily candle from the current level is needed to validate a breakout above the daily lower-high trendline. If such confirmation occurs, Litecoin could transition into a more established bullish phase, with the $68 resistance level emerging as the next key upside target above the $56 zone. A stable and sustained move beyond resistance would further strengthen the case for trend continuation. Until that higher-timeframe breakout is confirmed, the analyst plans to focus on lower-timeframe setups, particularly over the weekend. His approach remains tactical, looking for quick scalp opportunities while waiting for a more mature chart structure before engaging in larger directional trades. $57: Litecoin Intraday Decision Zone The analyst went on to explain that Litecoin’s intraday structure is currently pressing against the key $57 resistance zone, a level that now acts as a short-term decision point for price. A clean and sustained hold above this area would signal strength and open the path toward $64, with the potential for further extension if momentum accelerates. Related Reading: Litecoin 2M Bollinger Band Width Hits New Lows, CMT-Certified Analyst Reveals What It Means He emphasized that simply wicking above resistance will not be enough. What’s needed is a stable bullish structure, ideally supported by rising volume and constructive follow-through, before considering a long position. Such confirmation would indicate that buyers are in control rather than the move being a temporary liquidity sweep. At the same time, he noted that Bitcoin’s direction will likely dictate whether this breakout gains traction. Litecoin continues to follow broader market sentiment, meaning BTC’s strength could act as a catalyst for further gains. Until a mature and well-defined intraday structure forms, patience remains essential before engaging the next trade. Featured image from iStock, chart from Tradingview.com

Crypto pundit BigShortRare has declared that a Litecoin price rally to between $1,200 and $2,000 is not a fantasy but a marketcap math. This came as he explained exactly how the altcoin will reach this price target based on its market cap and circulating supply.  Why A Litecoin Price Rally To $2,000 Could Happen In an X post, BigShortRare noted that LTC has a circulating supply of roughly 76.78 million coins. As such, a $1,200 Litecoin price will give the altcoin a market cap of about $90 billion, while at $2,000 per LTC, the altcoin’s market cap is about $150 million. The pundit remarked that these numbers sound big until they are put in context.  Related Reading: Here’s Why The Litecoin Price May Be Getting Ready For Another Massive Rally BigShortRare alluded to the fact that Bitcoin has already crossed $2 trillion in market cap in the past, while Ethereum has traded above a $500 billion market cap. Furthermore, he stated that in the previous cycle, capital has repeatedly concentrated into a few large, liquid, and battle-tested assets.  Therefore, a Litecoin price rally to a $90 billion to $150 billion market cap would still be a fraction of Bitcoin’s market cap and well within historical altcoin concentration ranges during late-cycle rotation. BigShortRare also mentioned that what supports that valuation range is not illusion but structure.  He explained that Litecoin is fully integrated across exchanges, wallets, payment processors, and merchant rails. The pundit added that the altcoin has a fixed supply, no VC overhang, no emissions surprises, and no dependency on speculative incentives. LTC is also said to function as a settlement and payment network, not a promise.  “LTC Is The OG” BigShortRare also noted that LTC is an OG crypto project, which is another reason why he is confident that the Litecoin price can rally to as high as $2,000. He stated that when markets rotate from experimentation to reliability, capital doesn’t spread evenly but rather compresses into assets that already work at scale.  Related Reading: XRP, HBAR, And Litecoin: Pundit Highlights Coins To Watch In 2026 The pundit remarked that a $1,200 to $2,000 price tag for LTC doesn’t require it to replace Bitcoin or Ethereum. Instead, it only requires the market to price Litecoin as a major monetary rail and not a side character. “That’s not a prediction of timing. It’s a valuation argument. Price decides when. Structure decides if,” he concluded. It is worth noting that BigShortRare’s thesis was in support of crypto analyst Surf’s prediction that the Litecoin price was about to rally to $2,000. His accompanying chart showed that the rally to this price target could happen by 2028. At the time of writing, the Litecoin price is trading at around $64, down over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

Litecoin is once again at a critical crossroads, with its long-term structure remaining intact after years of successful defenses. However, the margin for error is thin. As price hovers near key levels, $63 has emerged as the line bulls must protect. A break below it could shift momentum sharply, while holding above keeps the broader bullish structure alive and sets the stage for the next decisive move. Structure Gives Way, Expansion Phase Begins Columbus’s latest LTC update highlights that the multi-year compression that previously capped price action has finally resolved, resulting in a clean break of the long-term chart setup. This structural change confirms a shift from a neutral state to a clearly bullish one. Related Reading: Here’s Why The Litecoin Price May Be Getting Ready For Another Massive Rally The current price action is described as a pause before expansion rather than the conclusion of the rally. In this phase, Litecoin is holding steady above old resistance levels, allowing the market to load for the next leg of the move, turning previous barriers into new support. Litecoin’s projected path forward is based on the typical behavior of expansion cycles following structural breaks.  The strategy follows a clear three-step progression: the initial breakout, followed by the current phase of acceptance. Once the market fully accepts these new price levels, the “real move” begins, representing a phase where the most significant gains are expected to materialize. The 9-Year Trendline That Still Controls Litecoin Matthew Dixon highlighted the immense historical significance of the Litecoin long-term trend line. This line has acted as an unbreakable floor for nine years, with the price never closing below it. While the market has dipped under this line multiple times in the past, every attempt to break down has ultimately failed, maintaining a remarkably consistent structural defense. Related Reading: Litecoin Follows Bitcoin’s Momentum, But Resistance Looms At $79.60 Currently, the market environment is putting this nearly decade-long support to the test once again. Dixon emphasizes that we cannot rely on intra-month volatility to determine the outcome. Instead, the definitive signal rests solely on the monthly candle close. This closing price will serve as a macro-economic pivot point that dictates the primary direction for the coming months. A successful hold above the trend line would be a powerful bullish confirmation, suggesting the long-term uptrend remains intact despite external pressures. Conversely, a confirmed close below this line would shift the narrative to bearish, marking a historic breakdown of a nine-year support system. Specific technical triggers are also in play, particularly the $63 level. Dixon warns that falling below $63 would be devastating, as it would effectively nullify the hidden bullish divergence currently supporting the price. Given these risks, Dixon recommends exercising patience until the monthly close or ensuring strict stop losses are in place for any active trades. Featured image from Adobe Stock, chart from Tradingview.com

The Litecoin price has seen its fair share of volatility and corrections over the past few weeks. Despite the downtrend, a crypto analyst has forecasted that LTC could be laying the groundwork for another explosive rally. He has shared a detailed technical analysis and price chart explaining why he believes Litecoin could eventually flip into a bullish position.  Litecoin may be positioning itself for another powerful rally, as its market structure remains broadly intact. According to a recent analysis from market expert The Penguin (@ThePenguinXBT), LTC’s structure continues to point toward much higher price levels, with recent volatility and declines doing little to change the overall macro outlook.  Litecoin Price Gets Ready For Explosive Rally Sharing a 4-hour price chart, The Penguin gave a detailed breakdown of why he believes Litecoin is preparing for another price surge. He explained that LTC has now swept the October 10 wick, a key technical move that could signal the end of downside liquidity grabs. At the same time, the chart shows a completed five-wave move lower into what appears to be the final leg of Litecoin’s correction.  Related Reading: Why The Litecoin Price Could Stage A 33% Rally To $110 The Penguin noted that LTC’s price had earlier stabilized within a clear horizontal range, then briefly dipped below it and quickly reclaimed that level. This rebound took place near the lower support zone around $70, where a sharp sell-off was met with strong buying pressure. As a result, price action formed a rounded recovery from the recent low, which the analyst identified as Litecoin’s final corrective wave.  According to The Penguin, the internal structure of Litecoin’s recent move suggests two things: the final correction has been completed, or there might be one last marginal low for LTC. Either way, he emphasized that the broader setup remains strongly bullish. The Penguin has projected that once Litecoin begins its next impulsive move, it could become difficult for the price to be pushed back into previous trading ranges. From the rounded recovery line, the chart points toward a potential move to $82. The analyst has also highlighted an upper blue resistance line above $86 as an additional upside target. If the chart setup plays out as expected, Litecoin could see its price skyrocket by more than 17% from current levels around $70.    Analyst Sets Ambitious $1,600 Price Target For LTC In a more recent analysis, The Penguin shared a new chart suggesting that Litecoin could be gearing up for a dramatic price rally. The chart highlights a key descending triangle pattern, traditionally known as a bearish continuation signal, especially when it forms after a downtrend.  Related Reading: Litecoin 2M Bollinger Band Width Hits New Lows, CMT-Certified Analyst Reveals What It Means According to the analyst, Litecoin is attempting to break out of a multi-year descending triangle on its weekly chart, signaling the potential end of its consolidation and the start of a new bullish phase. Once this happens, The Penguin predicts that the cryptocurrency could embark on a sharp vertical rally toward $1,600.  Featured image from Adobe Stock, chart from Tradingview.com

Litecoin has gone through a price drawdown over the past week, but on-chain data shows whale activity has shot up to the highest level in weeks. Litecoin Whale Transaction Count Has Spiked Recently According to data from on-chain analytics firm Santiment, the Litecoin Whale Transaction Count has witnessed a surge recently. This indicator measures the total number of transfers occurring on the LTC network that involve a value of more than $100,000. Generally, only the whales are capable of moving amounts this large with single transactions, so the metric’s value is considered to represent the activity of the big-money investors. Related Reading: Monero (XMR) Rockets 51% To New ATH, But Watch Out For FOMO When the value of the Whale Transaction Count rises, it means the whales are participating in a higher amount of transfer activity on the blockchain. Such a trend may be a sign that the asset is attracting attention from the large traders. On the other hand, the indicator going down implies the humongous entities may be losing interest in the cryptocurrency as they are reducing their transaction activity. Now, here is the chart shared by Santiment that shows the trend in the Litecoin Whale Transaction Count over the last couple of months: As is visible in the above graph, the Litecoin Whale Transaction Count has seen a spike alongside the latest decline in the asset’s price, indicating the volatility has induced activity from the large hands. At the peak of this spike, the metric hit a value of 503, corresponding to the highest number of whale-sized moves since December 10th. As for what the surge in the indicator could mean for LTC, the answer is hard to tell, since the Whale Transaction Count includes only data for the absolute number of moves being made by the whales and nothing related to whether buying or selling is more dominant. Past data could provide some hints about what usually tends to follow whale activity spikes, however. “Historically, an asset has a significantly higher likelihood of reversal on whale spikes,” explained the analytics firm. This trend was visible during the two Whale Transaction Highs from last month, occurring on December 3rd and 10th. Both of these coincided with price tops for Litecoin. Related Reading: Bitcoin Decouples From Global Liquidity: Analyst Says Quantum Threat Behind It It now remains to be seen whether the latest spike in the indicator will turn out to be a sign of another selloff or if it will lead to a bottom instead. LTC Price Litecoin shot up to a high of $84 last week, but bullish momentum fizzled out and its price opened this week with a plunge toward the $75 level. The past day has seen some upward action, though, as LTC has returned to $78. Featured image from Dall-E, chart from TradingView.com

According to CryptoWzrd’s daily update, Litecoin (LTC) closed the day on a bullish note, closely tracking Bitcoin’s overall market sentiment. While holding above $75.20 keeps the outlook positive, a break below this level would signal bearish pressure. Conversely, a retest of the $79.60 resistance coupled with signs of weakness could present a potential shorting opportunity. Litecoin Mirrors Bitcoin’s Momentum In Daily Close Based on CryptoWzrd analysis, both the daily candles for Litecoin and the LTC/BTC ratio closed in a bullish orientation today, largely mirroring the positive sentiment set by Bitcoin. However, the analyst cautioned that for the LTC/BTC pair to confirm a sustained bullish turn, it must continue to print more bullish daily candles from its current location. Related Reading: Why The Litecoin Price Could Stage A 33% Rally To $110 CryptoWzrd emphasized that Litecoin’s overall movement remains highly tethered to Bitcoin’s general market sentiment. For Litecoin, the immediate key to maintaining a favorable outlook is holding above the $80 level. This price point is crucial as it keeps the asset firmly within positive territory and above a critical support line. Conversely, the analyst warned that a decisive break and close below the $80 support would instantly shift the outlook to bearish. Such a failure would validate further downside, targeting the next significant support level, which is projected to be around $68. This $80 mark is therefore the structural line separating positive and negative momentum. Given the weekend, the analyst’s immediate trading focus will shift to lower-timeframe charts in search of quick scalp opportunities for the following day. Despite this tactical shift, he advises maintaining rational expectations, acknowledging that low-liquidity weekend sessions often limit decisive moves and necessitate caution. Intraday Volatility Sets The Stage For Key Trades CryptoWzrd added to his analysis by noting that the intraday chart for LTC had been quite volatile, requiring a calculated approach to entries. He outlined a clear positive scenario if the price were to successfully retest the key $75.20 support level and then follow up by printing a visible bullish reversal pattern. Related Reading: Litecoin Comeback: Bullish Reversal Sets The Stage For $76.85 Target However, the analyst noted that a decisive break below the $75.20 support would invalidate the bullish hope and signal a short continuation trade. Another scenario involves a move up to test the $79.60 resistance level, where a clear bearish reversal pattern would confirm a rejection and trigger a short entry. Essentially, the strategy relies on waiting for the price to confirm its direction at the defined boundaries. CryptoWzrd concluded by advising traders to exercise patience and wait for the next mature trade opportunity to fully unfold and validate the intended direction before committing to a position. Featured image from iStock, chart from Tradingview.com

A crypto analyst has forecasted that the Litecoin price is gearing up for an explosive rally to $110. Unlike Bitcoin and Ethereum, which have seen considerable declines over the past few months, Litecoin appears to be stabilizing, gaining about 7.8% this past week, according to CoinMarketCap. Although LTC has seen its fair share of declines this year, analysts still hold hope that the cryptocurrency could cross the $100 threshold and reclaim former highs.  Litecoin Price Targets A $110 Breakout Litecoin may be preparing for a strong upward move, according to a new analysis from TradingView market expert MadWhale. The analyst has indicated that the cryptocurrency has the technical structure needed to break out of its long-term descending channel and potentially climb toward $110. With its current price sitting around $83, a surge to this level would represent a significant 33% rally.  Related Reading: Litecoin 2M Bollinger Band Width Hits New Lows, CMT-Certified Analyst Reveals What It Means MadWhale has based his bullish LTC forecast on weekly candlesticks and how the cryptocurrency has consistently responded to past support and resistance levels. He explained that the altcoin had been trapped in a descending channel that has controlled its price for several weeks now. According to the TradingView analyst, Litecoin is now approaching the upper resistance region of the descending channel–a point where traders usually watch for either a clean breakout or a sharp rejection. From the analyst’s price chart, Litecoin’s support zones have repeatedly held firm, showing that buyers consistently defended the area. Due to this steady support, he expects Litecoin’s bounce near the descending channel’s upper resistance to build momentum. If the support holds, MadWhale suggests the cryptocurrency could skyrocket to $110, completing its breakout from the descending channel.  A breakout could signal a significant shift, potentially transforming Litecoin’s recent downtrend into a new bullish phase. MadWhale’s chart also highlights the cryptocurrency’s volatility, showing that in early October, LTC had rallied around 33.84%, climbing above $120. However, just days later, it crashed more than 17%, coinciding with the October 10 liquidation event that shook the market.  Update On LTC’s Price Action Litecoin is approximately 79% below its all-time high of over $410, recorded during the 2021 bull run. The cryptocurrency has dropped 17.68% over the past week and is down 33% for the year, mirroring the broader decline seen across altcoins. Despite its performance, LTC’s Fear and Greed Index remains in the neutral zone, suggesting that crypto investors are cautiously optimistic. Related Reading: Analyst Reveals How Litecoin Can Turn $3,700 Into $1 Million For Investors According to market analyst CW on X, the next sell wall for Litecoin is at $98, about 15% above its current price. Once the cryptocurrency reaches this level, CW expects a significant number of sellers to offload their coins. His chart also highlights the next key resistance levels for LTC, suggesting a potential surge to $98 first and then to the $106-$110 range. Featured image from Adobe Stock, chart from Tradingview.com

According to a recent post by CryptoWzrd, the daily technical outlook for Litecoin is aggressively bullish, with the crucial LTC/BTC pair spiking sharply upside, signaling a major injection of capital. Litecoin And LTCBTC Close Bullish, Setting Stage For Further Upside Presenting his technical outlook, CryptoWzrd highlighted a strong bullish performance from Litcoin, noting that both the LTC/USD and LTC/BTC pairs closed with impressive upward momentum. He explained that most of Litecoin’s strength came from a sharp spike in LTC/BTC. The synchronized move between the two pairs reflects renewed buying interest and suggests that bullish sentiment is building in the short term. Related Reading: Litecoin 2M Bollinger Band Width Hits New Lows, CMT-Certified Analyst Reveals What It Means According to CryptoWzrd, the next key step for LTC/BTC is to break out of its range high, a technical milestone that could unlock further upside for Litecoin. A successful breakout from this structure may serve as the trigger for a rally toward the $112 resistance level, or even higher if momentum accelerates.  The analyst also underlined the importance of holding above the $96 support zone, making it a key level that sustains Litecoin’s bullish structure. Maintaining price stability above this mark would reinforce the positive outlook and prevent a return to bearish conditions. Losing this level, however, could signal weakness and limit the potential for a continued advance in the near term. Looking ahead, CryptoWzrd expects heightened volatility to persist. Thus, he revealed that his focus will shift to lower time frame chart formations in the upcoming sessions, where he plans to identify and execute quick scalp setups as price action develops. This approach reflects his tactical trading style, aiming to capitalize on short-term movements while keeping a close eye on broader breakout signals. Volatility Reigns As Litecoin Holds Bullish Tone On Intraday Charts  In conclusion, CryptoWzrd noted that Litecoin’s intraday chart displayed strong bullish behavior accompanied by heightened volatility throughout the session. The rapid price swings reflected increased trader activity and growing market momentum, suggesting that LTC could be setting up for another significant short-term move. Related Reading: LTC Price Soars 11% to $129: Analysts Eye $135 Breakout as ETF Approval Buzz Grows He explained that while a brief pullback below the $101.50 support level is possible, such a dip may simply serve as a temporary correction within the broader bullish structure. A renewed breakout above this level would likely present fresh long opportunities, signaling a continuation of Litecoin’s upward momentum.  CryptoWzrd also emphasized that Bitcoin’s price action will play a critical role in shaping Litecoin’s next direction. Since LTC often reacts to BTC’s broader market moves, strength or weakness in Bitcoin could directly influence whether Litecoin extends its rally or consolidates further. Featured image from iStock, chart from Tradingview.com

Certified market analyst Tony Severino has revealed that the Litecoin 2M Bollinger band width has hit new lows. He explained what this means and how it provides a bullish outlook for the altcoin.  Litecoin’s 2M Bollinger Band Hits New Record Lows In an X post, Severino stated that the Litecoin 2M Bollinger Band Width has continued to set new record lows, representing the tightest volatility in LTCUSD history. The expert further revealed that the 2M candle closed as a Hammer above the Bollinger Band basis despite the wick to the downside.  Related Reading: Signal That Sparked 100% Litecoin Rally In 2017 Has Been Triggered Again He explained that this gives the technical picture a bullish bias for Litecoin. The analyst added that a close above $120 at the end of 2025 would trigger a buy signal for LTC. From a fundamentals angle, LTC just got its first spot ETF in the U.S., which provides a bullish outlook for the altcoin. However, it is worth noting that the ETF is currently lagging behind the Solana and Hedera ETFs in terms of inflows.  Meanwhile, Severino had also painted a bullish picture for Litecoin, drawing comparisons between the LTC and ZCash charts. That suggested that LTC could witness a similar parabolic rally to ZEC’s, which has recorded a 10x rally from its low of around $40. This was around the time when the analyst revealed that LTC was at the |final boss resistance” based on the monthly SuperTrend.  Crypto analyst Hal also recently provided a bullish outlook for Litecoin, predicting a 300x rally. However, the analyst stated that a drop to around $30 was likely before LTC’s parabolic rally. He urged investors to take advantage of such a dip, as they could enjoy massive gains when LTC breaks out to the upside after this long period of consolidation.  99% Chance Of A Rally Above $300 Crypto analyst XForce stated that Litecoin has a 99% chance of rallying above $300 as it is now approaching nine years of accumulation. His accompanying chart showed that LTC could reach $345 on this projected uptrend, which is expected to happen sometime next year. Meanwhile, a drop below $39 could invalidate this prediction.  Related Reading: Analyst Reveals How Litecoin Can Turn $3,700 Into $1 Million For Investors Meanwhile, crypto analyst Bitcoinsensus stated that Litecoin is gearing up for its biggest macro move. Based on the technicals, the analyst remarked that LTC could rally to between $1,000 and $2,000 in this market cycle. Bitcoinsensus noted that the altcoin has already seen six years of sideways consolidation, suggesting that it was well primed for this projected parabolic rally to the upside. The analyst’s accompanying chart showed that LTC could reach these targets next year.  At the time of writing, the Litecoin price is trading at around $94, down over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Crypto analyst Hal has revealed how investors can make up to $1 million by investing in Litecoin. This comes as another analyst has predicted that LTC could soon break out of its current consolidation phase to reach a four-figure price target.  How Litecoin Can Turn A $3,700 Investment Into $1 Million In an X post, Hal stated that investors can make $1 million from about $3,700 if they bid the low $30 range on Litecoin and sell when the altcoin reaches $9,000. The analyst is confident that the LTC price can still drop to around this level, providing investors another opportunity to take this investment advice.  Related Reading: Signal That Sparked 100% Litecoin Rally In 2017 Has Been Triggered Again  He noted that Litecoin never saw the 5th wave down in the Wave C corrective move, which he claimed means the altcoin is still going to drop below $41. Hal’s accompanying chart also showed that LTC could still drop to as low as $30 before its next parabolic rally to the upside. The analyst remarked that the altcoin could fall below the projected $30 range, but that it looks unlikely.  Meanwhile, Hal declared that Litecoin is the “clearest and most confident” 250x to 300x play he sees in the market. He added that he has been waiting a long time for this last drop to $30 and that it is coming soon. He urged investors not to miss it, seeing as he projects that they could make millions on their LTC investment.  Hal’s prediction comes amid the launch of the first spot Litecoin ETF by Canary Capital. This is expected to attract institutional inflows into the LTC ecosystem, which could be a positive for the altcoin’s price. However, the LTC hasn’t had the best of starts and is currently lagging behind the Solana and Hedera ETFs, which also just launched, in terms of inflows.  Why LTC Could Easily Record This Parabolic Rally Hal noted that Litecoin has one of the longest, oldest, and largest accumulation channels in existence among altcoins against its Bitcoin pair. He revealed that the LTC/BTC chart looks similar to the DOGE/BTC chart just before the Dogecoin price broke out and did a 663x in the 2021 bull cycle. This is why the analyst is confident that LTC’s price can record a 300x gain from the next low when it reaches the top of the next altcoin run.  Related Reading: Litecoin About To Complete 3rd Ever Golden Cross In History, What Happened The Last 2 Times? Meanwhile, crypto analyst CoinsKid stated that Litecoin has been in consolidation mode since the 2018 cycle top. He added that compression leads to expansion, predicting that LTC can reach $4,000 if it breaks the upper resistance just above $200.  CoinsKid noted how this would put LTC just shy of Ethereum’s market cap.  At the time of writing, the Litecoin price is trading at around $96, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

In his latest update, CryptoWzrd observed that Litecoin closed the day on a bearish note, moving in line with Bitcoin’s broader trend. He stressed that the LTC/BTC chart remains within a falling wedge formation. CryptoWzrd added that he will be keeping a close watch on the intraday action over the weekend to scout for quick scalp opportunities, particularly if Bitcoin lends further confirmation to the setup. Falling Wedge Formation Holds The Key CryptoWzrd highlighted that both Litecoin’s daily chart and the LTC/BTC pair closed on a bearish note. Despite this short-term weakness, he pointed out that LTC/BTC continues to maintain a falling wedge formation, a structure that historically favors bullish reversals when broken to the upside.  Related Reading: Litecoin Clings To Ascending Trendline As Bulls Eye $135 Breakout He explained that a healthy breakout from this wedge could trigger a strong upside rally, with Litecoin likely to follow suit and reflect the broader market sentiment. Such a move would mark a significant shift in momentum, particularly after the recent bearish closes, and could attract renewed buying pressure into the market. CryptoWzrd noted that Litecoin, although trading bearish, is still holding firmly above the $112 level. He emphasized that this zone is crucial, as a single strong bullish daily candle from this area could serve as confirmation for buyers and set the stage for the next leg higher.  Looking ahead, he identified $140 as the next key resistance target, a level that would need to be overcome for Litecoin to confirm a sustained rally. Should the price manage to close above $140, CryptoWzrd believes the altcoin could extend gains toward $170 and potentially open the door for a broader bullish continuation. Litecoin Intraday Volatility Picks Up Conclusively, the analyst noted that Litecoin’s intraday chart showed noticeable volatility today, a sign that price movements could remain sharp in the near term. He suggested that traders should anticipate more swings from this location, as the market attempts to establish a clearer direction. Related Reading: Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs The expert emphasized that for Litecoin to shift into a more positive stance, it must hold above the $115.50 intraday resistance. A successful move above this level could provide the momentum needed to push higher, with $123 standing out as the next resistance target on the upside. For now, his focus remains on lower time frame charts to identify quick scalp opportunities. Given that trading conditions tend to be thinner and less predictable over the weekend, he added that his expectations will remain measured, preferring to wait for a healthy setup before committing to new positions. Featured image from Adobe Stock, chart from Tradingview.com

Litecoin has observed a surge in its price as on-chain data shows the whales have participated in a significant amount of buying. Litecoin Whales Have Added 181,000 LTC To Their Wallets In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the holdings of the Litecoin whales. The indicator of interest here is the Supply Distribution, which tells us about the total amount of the LTC supply that a given address group is holding. Investors or wallets are put into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, contains all addresses holding between 1 and 10 LTC. Related Reading: Dogecoin To $0.50? This Channel Break Could Be The Catalyst In the context of the current topic, the holders of interest are those who own more than 1,000 tokens of the cryptocurrency. At the current exchange rate, this cutoff converts to around $114,300. Thus, the only investors qualifying for the cohort would be the big-money ones, popularly known as the whales. This group can hold some degree of influence in the market, so the holdings of its members can be worth keeping an eye on. Now, here is the chart shared by Santiment that shows the trend in the Litecoin Supply Distribution of the whales over the last few months: As displayed in the above graph, the Litecoin whales have seen their Supply Distribution shoot up recently, indicating that these large entities have expanded their holdings. In just one day, this group added 181,000 LTC (worth $20.7 million) to its balance. The buying spree came as LTC saw some bullish news surface. Grayscale has officially filed form S-3 with the US Securities and Exchange Commission (SEC) for their LTC exchange-traded fund (ETF). If the ETF gets approved, investors will be able to buy LTC-backed shares and gain exposure to the digital asset without having to directly own it. Another bullish development is related to Mei Pharma, a company that adopted an LTC treasury strategy back in August and secured around $100 million in the token. According to a press release, the pharmaceutical company has decided to rebrand itself as “Lite Strategy.” Related Reading: Toncoin, Quant Seeing Whale Activity Explosion, Big Move Ahead? The firm notes: The rebranding to Lite Strategy, Inc. underscores the Company’s commitment to building a long-term corporate strategy around Litecoin (LTC) as our primary reserve asset. LTC Price At the time of writing, Litecoin is trading around $114, up more than 4% over the past week. Featured image from Dall-E, Santiment.net, chart from TradingView.com

Litecoin (LTC) is showing strength as it holds onto its ascending trendline, maintaining bullish momentum. After holding above the $112–$115 demand zone, buyers continue to defend key support levels, positioning the market for further upside. With immediate targets around $120–$125, a breakout above this range could clear the path toward the highly anticipated $135 mark. Litecoin Technical Alignment Signals Strong Bullish Case In a recent X post, Alpha Crypto Signal, a cryptocurrency market analysis group, has noted that LTC is exhibiting a robust and healthy structure, indicating a potential long setup. According to the analysis, LTC is holding strong above its ascending trendline. It is also retesting the $112–$115 demand zone, a price range where buying pressure is expected to be high. Related Reading: Litecoin Structural Integrity: Long-Term Trendline Remains Unbroken Since 2020 The crypto analyst’s analysis further emphasizes the importance of key moving averages, noting that LTC is positioned precisely on top of the 9-day Exponential Moving Average (EMA) at $112.68 and just below the 50-day Simple Moving Average (SMA) at $115.25. Both of these moving averages are acting as dynamic support levels, which provide a solid foundation for the cryptocurrency’s price.  This confluence of technical factors, as identified by Alpha Crypto Signal, adds significant weight to the bullish case for Litecoin. The horizontal demand block, combined with support from both the EMA and SMA, creates a strong technical picture that suggests the cryptocurrency is well-positioned for a potential price rally.  Key Support At $112 Holds Bullish Bias According to Alpha Crypto Signal, the bullish outlook for Litecoin remains intact as long as it holds its position above the $112 mark. This support level is considered a crucial threshold; maintaining it would indicate that the current market structure is favorable for a continued upward trend towards targets of $120–$125. Related Reading: This Litecoin Indicator Just Crossed A Critical Level — Here’s What Happened Last Time Alpha Crypto Signal’s analysis also outlines what a significant breakout could mean for LTC’s price. A decisive move and clean break above the $120–$125 resistance zone could pave the way for a more substantial rally. This would potentially unlock a path toward the next major price target of $135 or even higher, signaling strong momentum for the cryptocurrency. However, the crypto expert also specifies the conditions that would invalidate this positive forecast. The bullish long setup would be at risk if LTC were to experience a breakdown below the $110 support level. A drop below this point would not only threaten the current trendline support but would also cast doubt on the overall bullish structure, suggesting a potential shift in momentum to the downside. Featured image from Adobe Stock, chart from Tradingview.com

Providing an update on Litecoin’s daily technical setup, Cryptowzrd noted in a recent X post that LTC closed the session indecisively as LTCBTC responded to a spike in Bitcoin Dominance (BTC.D). With Bitcoin continuing to dictate overall market direction, the analyst mentioned plans to monitor LTC’s intraday chart for a potential quick scalp opportunity. LTCBTC Shows Early Bullish Signs Despite Caution In his analysis, Cryptowzrd observed that both Litecoin (LTC) and LTCBTC closed the day with indecisive daily candles, reflecting market hesitation. Despite this uncertainty, LTCBTC managed to close slightly in the green, which could be an early sign of shifting momentum. However, the analyst stressed the need for stronger and more consistent daily candles from this level to confirm a sustainable move. Related Reading: Litecoin Sharp Pullback: Scalping Opportunities Emerge While LTCBTC Seeks Stability A critical resistance level to watch is 0.0010 BTC for LTCBTC. Cryptowzrd highlighted that a clean breakout above this barrier could trigger an impulsive rally, given the pair’s extremely oversold condition. Such a breakout would likely push Litecoin sharply higher, with $140 identified as the major upside target. On the support side, Litecoin’s key daily level sits at $96. Cryptowzrd cautioned that this support could be tested only if Bitcoin experiences a sharp drop towards the $110,000 region, driven by panic selling. In such a case, LTC would likely follow BTC’s lead and retrace to test lower support levels. Cryptowzrd highlighted that his attention will be on lower time frames in the near term, looking for short-term chart patterns to exploit quick trading opportunities. However, broader market sentiment, especially Bitcoin’s price action, will remain the dominant factor influencing Litecoin’s direction. Litecoin Intraday Volatility Limits Clear Setup Formation In his final remarks, Cryptowzrd noted that Litecoin’s intraday chart showed increased volatility throughout the day, making short-term trading conditions less favorable. He emphasized the need for a clearer and more structured chart formation before considering any immediate entries. Related Reading: Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs A key level to watch is the $114.50 intraday resistance. According to Cryptowzrd, a move above this level would be a bullish signal and could invite further buying pressure. Additionally, a breakout above the intraday lower high trendline would likely accelerate upward momentum, potentially setting the stage for a stronger rally. Despite these technical signals, the analyst emphasized that Bitcoin’s price action remains the primary driving force in the market. As such, any decision to enter a trade will depend on the development of a mature and well-defined setup, ideally supported by Bitcoin’s broader trend. For now, patience is key while waiting for the right conditions to align. Featured image from Adobe Stock, chart from Tradingview.com

The price of Litecoin has been one of the brightest spots in the altcoin market over the past few weeks, jumping by more than 30% so far in the month of July. The LTC price, however, barely made a dent over the past week, mirroring the sluggish state of the crypto market in recent days. Nevertheless, the future still looks quite promising for Litecoin, with several analysts backing the cryptocurrency to embark on an extended rally over the next few months. In one such evaluation, a market expert on X has said that the price of LTC might be at the beginning of an upward rally. LTC Price Soared 11,900% Last Time This Happened  In a July 26 post on the X platform, Chartered Market Technician (CMT) Tony Severino put forward an exciting prognosis for the price of Litecoin. According to the crypto expert, the altcoin appears on the verge of what might be a defining upward run in the coming months. Related Reading: Solana In The Danger Zone – Will $175 Support Hold Or Collapse? This projection is based on the recent movements of the Litecoin Average Directional Index (ADX) on the monthly timeframe. Average Directional Index is an indicator used in technical analysis to determine the strength of an asset’s price trend. The ADX indicator evaluates the strength of a price trend by measuring the degree of directional movement. These calculations are based on a moving average of price range expansion and contraction within a given timeframe. Typically, when the Average Directional Index is below 20, it implies that the market is consolidating or moving sideways. However, when ADX moves between 20 and 25, it signals that a trend might be forming for the asset. Meanwhile, when the ADX rises above 25, it confirms the formation of a strong trend. Severino noted that the Average Directional Index on the Litecoin monthly timeframe is now above 20, meaning that a trend is forming. Meanwhile, the positive Directional Indicator (DI+) found a support cushion at the ADX line and is now rising. This trend is similar to the one seen in 2017, where the ADX also crossed above the 20 mark and offered support to the DI+ (green line). This phenomenon was followed by a rally that saw the Litecoin price travel from around $3 to as high as $360 (an astounding 11,900% rally). Hence, the price of Litecoin could confirm the start of a strong rally if the ADX keeps rising and eventually sustainably breaches the 25 threshold Litecoin Price At A Glance As of this writing, the price of LTC stands at around $114.61, reflecting an over 1% increase in the past 24 hours. Related Reading: Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic Featured image from PayPal, chart from TradingView

The Boss, a crypto analyst, recently noted on a X post that Litecoin (LTC) is firmly holding its long-term upward trend that began back in 2020. According to his analysis, LTC has consistently bounced off this key ascending trendline, highlighting its ongoing relevance in the current market structure. As price action continues to respect this support, The Boss points out that the next crucial zones to watch are the yellow lines representing potential resistance areas marked by Fibonacci levels that could shape LTC’s next major move. Positive Technical Indicators In his analysis, The Boss stated that Litecoin’s momentum is strengthening, as reflected by the RSI (Relative Strength Index), which is currently around 64. This level also indicates growing buying strength in the market, suggesting that bulls are gradually gaining control and pushing prices higher without yet hitting overbought conditions. Related Reading: Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs Moving on to momentum indicators, the Boss explained that the MACD is trading in positive territory and has experienced a recent bullish crossover. This signal reinforces the rising momentum seen in Litecoin’s price action and the potential continuation of the existing trend if buyers maintain pressure. Additionally, Moving Averages (MA) are working in Litecoin’s favor. The Boss explained that $LTC is trading above both short- and long-term moving averages, particularly holding above the 50-day and 200-day MAs, which further supports the bullish outlook. These moving averages are critical support levels, and staying above them often attracts more bullish interest. Looking ahead, Fibonacci Zones provide key technical targets. The analyst emphasized that the $100 – $112 range remains a key technical resistance zone. A breakout above this level could open the path toward higher yellow-line targets, which are the next logical price areas to watch if momentum continues. Channeling Strength: LTC Holds Its Bullish Structure The Boss, in his structural analysis of Litecoin, noted that the price of LTC has remained within a well-defined ascending channel that has been in place since 2020. This long-term trendline has repeatedly acted as a strong support level, providing a foundation for upward moves. Related Reading: Litecoin Price Crosses $110 Level After 20% Rally — What’s Next For LTC? As long as LTC stays above this trendline, The Boss maintains a bullish mid-to-long-term outlook. This suggests that the overall trend remains intact, with potential for further gains if the price continues to respect this channel. In summary, The Boss maintains a bullish stance, underpinned by a combination of positive RSI and MACD signals, strong support from major moving averages, and clear resistance zones. He suggests that a push through the $100 – $112 range could trigger a larger upward move for Litecoin, taking aim at those higher yellow-line targets on the chart. Featured image from iStock, chart from Tradingview.com

The Litecoin price has been on an impressive run over the last few weeks, mirroring the improving climate of the altcoin market in that period. In the past week, the LTC token put out a strong bullish display, returning above the psychological $100 mark for the first time since mid-May. The Litecoin price has not stopped at the breach of the $100 level, climbing above the $110 mark on Saturday, July 19, to cap off an exhilarating week. Interestingly, the price of LTC seems to only be at the beginning of an extended rally, as pointed out on X by an expert crypto trader. Is LTC About To Witness A 900% Surge? In a recent post on the X platform, Chartered Market Technician (CMT) Tony Severino painted an excitingly bullish picture for the Litecoin price even after its recent market exploits. According to the crypto expert, the price of LTC is on the verge of a bullish breakout that could decide its trajectory over the next few months. Related Reading: XRP Headed For ‘Insane Levels’ — Major Predictions After Hitting 7-Year High This bullish projection is based on a multi-year contracting (or symmetrical) triangle pattern on the Litecoin 2-week chart. The contracting triangle is a pattern in technical price analysis marked by a falling upper boundary (connecting a series of lower highs) and a rising lower trendline (connecting a series of higher lows). In a symmetrical triangle pattern, the asset price continuously contracts and moves toward the apex. Eventually, the price will breach the upper trendline for a breakout or breach the lower trendline for a breakdown. This chart formation could be a continuation or reversal pattern depending on the break’s direction (breakout or breakdown) and the initial trend direction. However, symmetrical triangles are often continuation patterns, meaning the price tends to break in the initial trend direction before it fell into the triangle pattern. So, if history is anything to go by, the Litecoin price is likely to continue its upward trend after it breaks out of the current setup. As Severino pointed out, the Litecoin price is preparing to break out of this multi-year symmetrical triangle and could be on track to break above its current all-time high of $410. In a contracting triangle formation, the price target is determined by adding the length of the widest point of the triangle (or base) to the breakout point. Going by this logic, the price of Litecoin could be on the verge of an over 900% surge over the next few months. Litecoin Price At A Glance As of this writing, the price of LTC sits at around $112.5, reflecting a nearly 11% gain in the past 24 hours. Related Reading: Litecoin Sharp Pullback: Scalping Opportunities Emerge While LTCBTC Seeks Stability Featured image from Getty, chart from TradingView

In a recent post on X, CRYPTOWZRD pointed out that Litecoin ended the day on a bearish note, with LTCBTC giving up its gains in a sharp reversal. He emphasized the need for stronger, more stable price action from the LTCBTC pair before expecting a solid move in Litecoin. For now, his focus remains on the intraday chart, where he’s watching closely for short-term opportunities to scalp quick trades. LTCBTC Spike Fizzles After Bitcoin Dominance Rebounds According to CRYPTOWZRD, Litecoin and its BTC pair (LTCBTC) both ended the day with bearish daily candle closes, signaling potential short-term weakness. Despite showing some upward momentum earlier in the day, the broader market conditions shifted, impacting Litecoin’s price action significantly. Related Reading: Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack? LTCBTC experienced a brief spike, primarily triggered by a drop in Bitcoin dominance. This short-lived move created a temporary window for bullish momentum in Litecoin. However, the gains were not sustained, and much of the spike was quickly retraced as Bitcoin dominance began to rebound. As Bitcoin regained strength, Litecoin’s price action closely mirrored the movements of BTC and LTCBTC. This correlation led Litecoin to test the $112 resistance level once more, but the rejection at that zone caused it to lose ground and slide back toward the $96 support region. CRYPTOWZRD noted that any significant upside for Litecoin will likely depend on LTCBTC turning bullish again, a move that typically coincides with a drop in Bitcoin dominance. Until that shift occurs, the path higher remains uncertain, and traders may need to remain cautious of potential downside pressure. For now, the expert’s focus is shifting to lower timeframes, where he aims to identify short-term formations for scalping opportunities.  Volatility Expected To Increase Near Key Levels For Litecoin CRYPTOWZRD concluded his analysis by noting that the intraday chart for Litecoin showed a clear bearish structure throughout the day. Price action lacked strength, and any upward movement was quickly met with resistance. This points to ongoing uncertainty in the short term, with sellers still maintaining some control. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level Looking ahead, he emphasized that a clean reversal and reclaim of the $102 resistance zone could shift momentum. If Litecoin manages to hold above that level, it may open the door for a push toward the $112 resistance area.  As his final verdict, CRYPTOWZRD warned that if Bitcoin doesn’t provide a strong directional move soon, Litecoin could continue to trade sideways with choppy volatility over the weekend. In the meantime, patience is key — traders should wait for a more mature, high-probability setup before entering new positions. Featured image from iStock, chart from Tradingview.com

In a recent X post, CryptoWzrd highlighted that Litecoin (LTC) closed the day on a slightly bearish note. He explained that LTC’s price action remains closely tied to Bitcoin’s movement and overall market sentiment, with the $96 level standing out as the next resistance. Bearish Daily Close For Litecoin Amid Bitcoin Correlation According to CryptoWzrd, Litecoin closed the day with a bearish daily candle, while mirroring Bitcoin’s price action. This alignment suggests that LTC remains heavily influenced by broader market sentiment and BTC’s directional moves. Meanwhile, the LTCBTC pair ended the session indecisively, offering no clear signal of strength or weakness against Bitcoin at the moment. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level The analyst noted that for a sustained upside move in Litecoin, healthier and more constructive candles are needed on the LTCBTC chart. Without stronger signals from this pair, confidence in a breakout remains limited. Adding to the cautious tone, CryptoWzrd pointed out that a decline in Bitcoin dominance would be a critical factor in unlocking altcoin momentum, including for Litecoin. From a technical standpoint, Litecoin is currently aiming for the $96 daily resistance level. CryptoWzrd explained that a successful push above this barrier could open the door for a stronger rally, potentially extending toward the $128 resistance zone. However, that scenario depends on supportive market conditions and renewed strength across altcoin charts. On the downside, $80 stands out as the key daily support level that traders should monitor. A breakdown below this zone could trigger a deeper correction and delay any near-term bullish ambitions. Maintaining support above this level would be crucial in preserving the broader structure and keeping upward targets in play. Looking ahead, CryptoWzrd emphasized his focus on the lower time frames to spot potential scalp opportunities. By analyzing intraday chart formations, he aims to capitalize on short-term price movements while the broader market context unfolds. Traders following LTC closely will want to keep an eye on these short-term setups for quick entries and exits amid ongoing volatility. Intraday Volatility Signals Patience Over Action In conclusion, CryptoWzrd noted that today’s intraday chart for Litecoin was marked by volatility and a bearish tone, making it a challenging environment for clean trade setups. He emphasized the importance of waiting for a more favorable trading location before entering any positions, as the current conditions lacked clear direction and structure. Related Reading: Litecoin Could Be ‘Just Weeks Away’ From Third-Ever Golden Cross — Expert According to the analyst, a move above the $90 intraday resistance would be a positive signal and could present a potential long opportunity. However, if the price gets rejected at that level, it may lead to further downside pressure. For now, CryptoWzrd remains patient, waiting for the market to establish a healthier setup before taking action. Featured image from Adobe Stock, chart from Tradingview.com

Litecoin (LTC) is back in the spotlight as bullish momentum sweeps across the crypto market. After months of volatility and sideways action, Litecoin is showing signs of strength, pushing above key technical levels and attracting fresh investor interest. The broader market recovery, fueled by optimism in Bitcoin and Ethereum, has created favorable conditions for altcoins to regain traction, and Litecoin could be one of the biggest beneficiaries. Related Reading: Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 Top analyst Carl Runefelt recently shared a technical analysis highlighting a major development: Litecoin has broken above a key level on the daily chart. This breakout is a critical technical signal, suggesting a potential trend reversal after weeks of consolidation and indecision. While resistance remains overhead, analysts believe that a confirmed reclaim of this level as support could trigger an expansive phase for LTC, opening the door to strong upside moves. As institutional interest in crypto grows and macroeconomic conditions stabilize, assets like Litecoin—known for speed, low fees, and high liquidity—may attract attention from traders and investors seeking asymmetric returns. With momentum on its side and market sentiment shifting, the coming days will be crucial to determine whether Litecoin can turn this breakout into a full-scale rally. Litecoin Bullish Momentum And ETF Hopes Fuel Rally Litecoin (LTC) is gaining bullish traction as price action strengthens and investor sentiment improves across the crypto market. Currently trading above $90, Litecoin has broken out of its downward trend, signaling renewed buying interest and technical strength. This move is particularly significant, given months of sideways consolidation and the broader market’s gradual recovery. According to Carl Runefelt, Litecoin has decisively broken above its descending resistance on the daily chart—a bullish technical setup that could pave the way for further gains. Runefelt believes the next target is $97.10, a level that, if reached and held, could mark the start of a new upward leg for LTC. The recent breakout has reignited interest in Litecoin’s medium-term prospects, especially as traders look for altcoins with momentum and untapped upside. Adding to the optimism is speculation surrounding a potential Litecoin spot Exchange-Traded Fund (ETF). According to Bloomberg, the probability of approval for a Litecoin spot ETF by October 2 (local time) has risen to an impressive 95%. Such a product would offer institutional investors a new and regulated vehicle to gain exposure to LTC, potentially unlocking significant inflows. With favorable technicals and strong fundamentals aligning, Litecoin appears poised for a breakout. The coming days will be critical as bulls aim to confirm support above $90 and push toward the $97.10 resistance. If ETF approval expectations continue to build alongside broader market momentum, Litecoin could emerge as one of the top-performing altcoins of the current cycle. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu? LTC Price Action: Key Levels To Reclaim Litecoin (LTC) is showing strong bullish momentum after breaking above a key descending resistance level on the daily chart. As seen in the chart, LTC surged over 4% in the last session, closing at $91.23. This breakout follows weeks of tight consolidation near the $85 zone and signals growing interest as market sentiment improves across the board. Price has now moved decisively above the 50-day and 100-day moving averages, which have acted as resistance in recent weeks. The next challenge lies at the 200-day moving average, currently near $98.50, which aligns closely with the analyst-projected target of $97.10. Reclaiming that level would confirm a full trend reversal and open the door to testing the $100 psychological level. Related Reading: Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details Volume has also picked up, supporting the breakout and suggesting that buyers are stepping in. If bulls maintain momentum and consolidate above $90, Litecoin could confirm a shift in market structure and set the stage for a broader rally. On the downside, any rejection at the 200-day MA could trigger a retest of the $87–$89 support area. Featured image from Dall-E, chart from TradingView

The price of Litecoin didn’t end May in the best possible way, especially considering its start to the month, falling from around $95 to beneath $85 before May 31st. While the start of June was quite strong, the altcoin has failed to maintain its bullish momentum each time a rally seemed to be on. After falling beneath the $80 level on June 22, the Litecoin price seems to be back on its feet as it currently dances around the $87 mark. Interestingly, a fresh price outlook portraying an even brighter future for the cryptocurrency has emerged. How Much LTC Price Surged After First Two Golden Crosses In a recent post on the X platform, Chartered Market Technician Tony Severino shared an exciting analysis of the Litecoin price. According to the crypto expert, the price of LTC could embark on an explosive rally depending on its movement over the next few weeks. Related Reading: Cardano Price Woes To Continue? Analyst Expects ADA To Fall To $0.47 This bullish projection is based on the potential formation of a Golden Cross — the third ever — on the Litecoin weekly chart. In a crypto context, a Golden Cross occurs when a short-term moving average (50-week moving average, in this case) crosses above a longer-term moving average (200-week moving average). Typically, Golden Cross formations often precede and are associated with extended periods of bullish price movements. However, Severino believes that Litecoin is just weeks of a significant rally away from triggering its third-ever Golden Cross on the weekly price chart. Source: @TonyTheBullCMT on X Severino cited the earlier two situations where the Golden Cross occurred after a substantial price rally. In the first instance, this chart phenomenon appeared on the Litecoin weekly timeframe after a 700% surge from the local lows in 2017. Meanwhile, the LTC rallied by 450% from its local bottom before the second-ever Golden Cross in 2021. For each time the Golden Cross appeared on the chart, the price of Litecoin witnessed a significant bullish momentum. In 2017, the LTC price soared by 7,100% from around $5 to as high as $360. The altcoin jumped by more than 380% to reach its current all-time high of $410 after the Golden Cross formation in 2021. If the Golden Cross does occur and history is anything to go by, the Litecoin price could be preparing to reach a new all-time high in its next leg up. Litecoin Price At A Glance As of this writing, the price of LTC stands at around $86.26, reflecting a 1.7% increase in the past 24 hours. According to CoinGecko data, the altcoin is up by more than 7% in the last seven days. Related Reading: Crypto Analyst Predicts $10,000 ATH For Ethereum This Cycle, Here’s Why Featured image from Getty, chart from TradingView

Grayhoood, a crypto trader, said on X that Litecoin is currently experiencing a bearish trend, emphasizing the ongoing weakness in price action. Over the past 24 hours, LTC has decreased by 2.8%, and the candlestick charts reflect a noticeable downward movement.  As shown in the chart he referenced, LTC started the day around $89.00 but faced a sharp decline, dropping to $87.00 before managing a brief recovery to $88.50. However, the price has since fallen again to $84, indicating sustained selling pressure in the short term. Momentum Fades: RSI Drifts Toward Oversold Territory According to Grayhoood, current technical indicators suggest that Litecoin may face further downside, with multiple metrics aligning to support a bearish short-term outlook. One of the primary indicators in focus is the Relative Strength Index (RSI), which appears to be drifting toward oversold territory.  Related Reading: Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move While such a move could hint at a potential bounce, Grayhoood cautions that it also signals bearish sentiment in the market. Beyond the RSI, momentum oscillators such as the Stochastic indicator and the Commodity Channel Index (CCI) are also painting a gloomy picture. These tools are typically used to gauge market reversals and the strength of ongoing trends. In this case, both are tilting toward further downward momentum if no strong bullish catalyst appears, especially as prices struggle to hold above the $87 support level. Short-Term Declines Contrast with Yearly Gains in LTC’s Moving Averages The analyst further highlighted a mixed outlook from Litecoin’s moving averages, suggesting a market caught between short-term weakness and long-term potential. In the near term, shorter-duration averages are flashing strong sell signals. These are driven by LTC’s recent negative performance, with a -9.0% drop over the past week and a -12.5% decline over the last two weeks, painting a clear picture of growing bearish momentum and sustained selling pressure. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How However, the longer-term moving averages tell a different story. Despite recent setbacks, Litecoin has posted a 2.3% gain over the past year, which keeps the long-term trend technically bullish. This divergence suggests that while short-term traders may be responding to immediate price volatility and weakness, long-term investors could still see value in the asset, especially if broader market conditions stabilize or improve. That said, the broader market sentiment currently leans bearish, weighed down by Litecoin’s inability to maintain key support levels amid recent price volatility. Even with long-term growth providing a degree of optimism, the prevailing trend is defined by downward pressure and uncertainty. Until short-term indicators begin to align with the long-term bullish structure, Litecoin may continue to face a challenging environment. Featured image from Adobe Stock, chart from Tradingview.com

Litecoin (LTC) wrapped up the day with an indecisive close, leaving traders on the edge of their seats. While LTC’s price action offered little clarity, the bigger picture may be unfolding elsewhere. According to market watchers, the real catalyst for Litecoin’s next significant move could come from Bitcoin Dominance (BTC.D). A shift in BTC.D could tip the scales, either paving the way for a bullish breakout or extending its current sideways drift. Litcoin And LTCBTC Await A Clear Signal In a recent update, market analyst CRYPTOWZRD offered a detailed, cautious take on Litecoin’s current technical position while highlighting key factors to watch for a potential upside move. He observed that the LTC/USDT and LTC/BTC daily candles “closed indecisively,” a classic sign of market hesitation. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How This kind of price behavior often reflects a lack of conviction from traders and can precede either a continuation or a reversal, depending on how subsequent candles develop. According to CRYPTOWZRD, what’s needed now are “more healthy candles” to confirm renewed bullish intent in the coming sessions. A major factor influencing Litecoin’s outlook is Bitcoin dominance. CRYPTOWZRD explained that a decline in BTC.D would likely benefit altcoins like Litecoin, allowing LTCBTC to gain traction. If such a shift occurs, Litecoin could begin forming a bullish “W” reversal pattern, typically a reliable signal of a bottoming process and the start of a new upward trend. This pattern, if confirmed, would signal improving market sentiment around LTC and open the door for a stronger recovery. CRYPTOWZRD is keeping a close eye on the $96 level, which he identified as a key threshold on the daily chart. A sustained move above this level could give Litecoin the strength to rally toward the $128 resistance area. “I will be tracking the intraday chart development,” he noted, suggesting that his next trade decision will be heavily influenced by how Bitcoin performs in the short term.  Intraday Choppiness: A Battle For Direction Sharing his thoughts on Litecoin’s intraday performance, the analyst described the chart as “choppy and slow” throughout the day, reflecting a lack of clear momentum in either direction. He emphasized that a decisive move above the $96 mark, followed by sustained price action at that level, could serve as a catalyst for a potential long toward the next significant resistance around $102 or possibly higher. Related Reading: Litecoin Monthly Close Above Key Resistance Could Ignite 30% Rally – Is A Breakout Coming? However, the analyst cautioned that failure to reclaim $96 may result in continued sideways volatility, with no strong directional bias in the near term. He also highlighted the role of Bitcoin in shaping Litecoin’s next move, noting that broader sentiment and movement in BTC will likely decide whether LTC breaks higher or remains range-bound. Featured image from Adobe Stock, chart from Tradingview.com

The price of Litecoin has been somewhat indecisive this year, and the past week is a prime example of this disappointing trend. While the world’s largest cryptocurrency, Bitcoin, reached a new all-time high, LTC failed to capitalize on the injection of bullish momentum into the crypto market. However, a prominent crypto expert has come forward with a claim that Litecoin might be the most undervalued asset in the market at the moment. Interestingly, the altcoin’s price seems set to enjoy a period of strong bullish impetus over the next few months. Here’s Why LTC Price Could Be Set For An Extended Rally Chartered Market Technician Tony Severino has put forward an exciting prediction for the price trajectory of Litecoin in the coming months. According to the crypto expert, the digital asset could be preparing for an extended bull rally of at least 1,000% — and up to 2,000% — price growth. Related Reading: Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K This bullish projection is based on the movement of the Stochastic Oscillator on the 3-month LTC price chart. The Stochastic Oscillator is an indicator used in technical analysis to gauge price momentum and pinpoint potential trend reversals. The indicator is usually represented by two lines: %K and %D. %K is a faster line while %D is a smoothed moving average of %K, and they both oscillate between 0 and 100. When the Stochastic Oscillator falls below 20, it implies an oversold market; while values above 80 often indicate an overbought market. According to Severino, the Litecoin 3-month Stochastic is approaching the 50 mark, which signals rising bullish sentiment for the altcoin’s price. The indicator failed the last time it attempted to cross this level in 2021. However, the successful breach of this 50 mark is still historically significant, as it has marked the start of substantial bull rallies in the past. For instance, the altcoin’s price grew by 4,900% when the Litecoin Stochastic crossed the level in 2017. Severino noted that it is highly unlikely for the price of Litecoin to surge by nearly 5,000% from its current level if the Stochastic Oscillator crosses the 50 level. Nevertheless, the market expert believes the asset’s price could rise by at least 1,000% and up to 2,000% by the end of 2026. Finally, Severino mentioned that the Litecoin price is in an interesting place, with the asset being one of the most undervalued crypto assets at the moment. Litecoin Price At A Glance As of this writing, the price of LTC stands at around $96, reflecting an over 5% decline in the past 24 hours. Related Reading: When Will Altcoin Season Begin After Bitcoin Price Hit ATH Above $111,000? Featured image from Getty, chart from TradingView

As Litecoin (LTC) tries to break out of a bullish pattern, an analyst suggests that a monthly close above its key horizontal zone could propel the price to levels not seen since the 2021 bull run. Related Reading: Bitcoin Ready For Second ‘Price Discovery Uptrend’ Following $109,000 Breakout – What’s Ahead For BTC? Litecoin Attempting Key Breakout Litecoin has seen a remarkable 63% rally from April’s lows over the past month and a half, surging above crucial levels in the past few weeks. Just this month, the cryptocurrency has recovered the $80 and $90 support levels and attempted to reclaim the $100 barrier again. Fueled by the market recovery and Bitcoin’s rally past the $100,000 mark, LTC hit a two-month high of $107 nearly two weeks ago. Since then, the altcoin has struggled to hold the $100 mark. However, analyst Carl Runefelt from The Moon Show recently suggested that Litecoin “is about to pump.” The analyst highlighted a bullish pattern on LTC’s chart, which could see the cryptocurrency rise 20% toward the $117.5 mark for the first time since early March. According to Runefelt’s chart, the cryptocurrency formed a bullish flag pattern after hitting its two-month high. Since then, LTC has hovered between the upper and lower boundary, bouncing once before from the support line toward the pattern’s resistance line. Earlier this week, Litecoin bounced again from the support after touching the $92 level, which led the analyst to suggest it has “every chance to break out of this bullish flag to the upside.” On Friday, the altcoin jumped 11% from the pattern lows, briefly breaking out and hitting the $102 mark before retracing to the $96 mark. The cryptocurrency now hovers between the $98-$99 levels, just 1% below the pattern’s upper boundary. A surge above this level to confirm the breakout could set the stage for the pattern’s $117.5 target and mark a significant push toward a key horizontal level. LTC Preparing For Rally To $150? Analyst Rekt Capital pointed out that Litecoin needs a Monthly Close above its key resistance level to target the $150 mark and above. He highlighted the $110-$125 horizontal level, explaining that LTC “spends most of its time below it and very little time comparatively beyond it.” The analyst noted that since 2019, the rejection from this resistance level has been getting “progressively weaker over time to the point where only a couple of months ago, LTC tried to retest this region as support” during the early 2025 rally. Despite failing to reclaim this level, this could suggest that the resistance is “struggling to hold price down,” which is why the next breakout above this area could signal that “the chances of a successful retest are high.” Related Reading: SUI Preparing For Another Leg Up – Is $5 The Next Target? Moreover, the weakening of the resistance could be partly attributed to its multi-year Marco Higher Low, as Litecoin has bounced from the ascending trendline toward this resistance each time it has been retested. Based on this, the analyst considers that a Monthly Close above the key horizontal level, followed by a retest to confirm the breakout, would give the necessary strength for a 30% rally above the $150 mark for the first time since 2021. As of this writing, Litecoin trades at $98.60, a 2.7% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Litecoin is holding steady at a critical level after a strong 69% surge in the past month, riding the wave of broader market momentum. As Bitcoin flirts with its all-time high, analysts are closely watching LTC for signs of a potential breakout or breakdown. The current price action shows consolidation near a crucial demand zone, which has historically served as a pivot for Litecoin’s major moves. Related Reading: Range-Bound Ethereum Sees Volatility – High Timeframe Levels Hold The Key While bullish sentiment is building across the crypto market, not all analysts are convinced. Some warn that if Bitcoin fails to break into price discovery and the broader market stalls, Litecoin could face renewed selling pressure. However, top analyst Carl Runefelt remains optimistic, sharing a technical view that suggests Litecoin is forming a bullish flag pattern on the chart—a structure that often precedes strong upward continuation. Runefelt’s target points to a breakout above the current range, supported by healthy market structure and recent gains. Still, the coming days will determine whether LTC follows through with a rally or pulls back. For now, Litecoin stands at a technical crossroads, with both opportunity and risk on the table. Litecoin Eyes Breakout As Market Awaits BTC Confirmation Litecoin is currently trading at a pivotal level, caught in the middle of growing speculation about the market’s next major move. After a powerful 69% rally over the past month, LTC has entered a phase of consolidation, holding just above a crucial support level. The broader crypto market is in a similar position, with investors watching closely for a potential breakout in Bitcoin that could pull the rest of the market higher. As Bitcoin hovers just below its all-time high, Litecoin traders are holding their breath. Many believe that a breakout above the $109K mark for BTC could serve as a catalyst for altcoins, especially LTC. But not everyone agrees—some analysts expect the market to cool down first, leading to a deeper correction before any renewed upside. Runefelt is firmly in the bullish camp. He recently shared a technical analysis highlighting a bullish flag pattern forming on Litecoin’s chart. According to Runefelt, Litecoin has already bounced from support, and this setup presents a high-probability breakout scenario. His price target for the move is $117.5, which would mark a significant push higher from current levels. Runefelt’s view aligns with the broader bullish sentiment that’s slowly rebuilding across the market. However, the confirmation remains dependent on both Litecoin’s ability to break above short-term resistance and Bitcoin’s performance near its all-time high. For now, LTC investors remain cautiously optimistic, aware that momentum could shift quickly depending on macro market developments. Related Reading: Dogecoin Momentum Fades – Analyst Expects $0.213 Retest Technical Details: Key Levels To Watch Litecoin (LTC) is currently trading at $95.35, showing resilience after a brief pullback from its recent local high near $106. The chart highlights a period of consolidation, with LTC finding support just above its 200-day exponential moving average (EMA) at $93.82 and slightly below the 200-day simple moving average (SMA) at $100.76. These two moving averages are now acting as a technical pivot zone, creating both resistance and support that could define LTC’s next move. After a strong rally from April lows around $66, Litecoin surged over 69% before facing resistance at the psychological $100 level. The price is now hovering in a tightening range, which could develop into a bullish continuation pattern—especially if broader market sentiment remains positive and Bitcoin pushes above its all-time high. Related Reading: Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000? Volume has slightly decreased during the recent pullback, indicating a lack of strong selling pressure. This supports the bullish thesis that the current move is a healthy consolidation rather than the start of a reversal. A breakout above the $100.76 resistance would open the door toward the $117.50 target, as mentioned by analysts like Carl Runefelt. Featured image from Dall-E, chart from TradingView

According to CRYPTOWZRD on his recent post on X, Litecoin (LTC) ended the week with a bearish close, a move that’s being interpreted as part of a normal market cycle rather than a sign of weakness. Despite the pullback, the LTCBTC pair is showing promising signs of strength and is expected to rally in the coming week.  CRYPTOWZRD notes that the intraday chart development will be key in identifying the next viable scalp opportunity. As long as LTC continues to hold above the critical $100 level, the conditions remain favorable for a bullish breakout, potentially triggering the next leg up in the LTCBTC trading pair. The Bullish Catalyst That Could Propel Litecoin Higher Providing further insight, CRYPTOWZRD explained that the daily candles for Litecoin and the LTCBTC pair closed lower today. He reassured that this short-term decline is not a cause for concern, especially since the broader picture remains bullish. Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years According to the analyst, Litecoin’s weekly candle closed with notable strength, hinting at sustained upward pressure in the days ahead. The LTCBTC pair also ended the week on a positive note, which could be an early sign of renewed bullish momentum. However, CRYPTOWZRD emphasized the importance of a more impulsive push from LTCBTC in the upcoming week to ignite Litecoin’s upswing. He also noted that Litecoin and LTCBTC are currently trading in extremely oversold conditions, a factor that typically precedes strong rebounds. With that in mind, CRYPTOWZRD plans to closely monitor intraday developments on the lower time frames tomorrow, looking to capitalize on any quick trading opportunities as the setup evolves. LTC/BTC Breakout Confirmed – Key Levels To Watch Concluding his analysis, CRYPTOWZRD highlighted that Litecoin’s intraday chart remained highly volatile throughout the day, with the price now consolidating around the crucial $100 support zone. If buyers step in and drive a strong bullish move from here, it could open the door for a rally toward the $109 target or possibly even higher. Related Reading: Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target On the other hand, a failure to hold this support could lead to extended sideways movement, especially if Bitcoin remains uncertain or lacks directional momentum in the coming sessions. The broader market’s response, particularly from BTC, will likely influence Litecoin’s next move. For now, CRYPTOWZRD advises waiting patiently for a clean and reliable setup to emerge before taking action. He emphasized that discipline is crucial in choppy conditions like these, and his focus will remain on tracking price development on lower time frames to spot the next favorable entry point. Featured image from Getty Images, chart from Tradingview.com

On-chain data shows HODLing conviction has been growing on the Litecoin network, with the 5+ years old hands only adding further with each cycle. Litecoin Has A Notable Part Of Its Supply Dormant For Years Now In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the supply of two Litecoin long-term holder cohorts. The “long-term holders” (LTHs) broadly refer to a class of LTC investors who have been holding onto their coins for more than a year, without having sold or moved them on the network even once. Statistically, the longer an investor holds onto their coins, the less likely they become to sell them at any point, so the LTHs with their long holding times are considered resolute entities. Related Reading: Bitcoin Whales Back In ‘Full Force’ For The Rally, Glassnode Reveals In the context of the current topic, not the entire LTH cohort is of interest, but rather two subdivisions of it: the holders carrying coins dormant since between three and five years ago, and those since more than five years ago. As these investors are on the deeper side of the the LTHs, they would represent the most stalwart side of the market. The 5+ years old LTHs, especially, would be the diamond hands among diamond hands. Now, here is the chart shared by the analytics firm that shows the trend in the amount of Litecoin supply held by these LTH groups over the history of the cryptocurrency: In the graph, IntoTheBlock has pointed out an interesting pattern with red boxes. These boxes correspond to periods of sharp increase in the supply of the 3 years to 5 years Litecoin cohort. Something to keep in mind is that a rise in the supply for these groups doesn’t correspond to accumulation that’s occurring at the time of the increase. Rather, what it indicates is that some buying occurred 3+ years ago and those coins have now matured enough to become part of one of these cohorts. The timing of the red boxes would put the buying periods of the coins roughly to the previous bull run. Thus, it would appear that some resolute hands buy during bull runs and hold tight until at least the next one. While accumulation has a delay equal to the cutoff of the group attached to it, selling isn’t the same. When coins are moved on the blockchain, their age instantly resets back to zero, and so, they are ejected out of the LTH cohort. Related Reading: Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000 From the chart, it’s visible that despite their conviction, the 3 years to 5 years group does sell sometimes. “They tend to sell both into the next rally and during the following downturn,” notes the analytics firm. Interestingly, the 5+ years group has proven to be different, as its supply has mostly been following an upward trajectory over the years. Today, these diamond hands control more than 20% of the Litecoin UTXOs. LTC Price Litecoin has made recovery of over 9% in the past week as its price has jumped to $83. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com

An analyst has pointed out how Litecoin has slipped under a parallel channel recently and could be set to see a move to this price level. Litecoin Has Broken Under Parallel Channel Support In a new post on X, analyst Ali Martinez has discussed about a parallel channel for Litecoin. The “parallel channel” refers to a pattern from technical analysis (TA) that forms when the price of an asset consolidates between two parallel trendlines. There are three types of parallel channels, but in the context of the current topic, the one where the channel is parallel to the time-axis is of interest. In this pattern, the trendlines track successive highs and lows of roughly equal magnitude. That is, the asset is consolidating completely sideways when inside the channel. Related Reading: Bitcoin Miner Selling Still Elevated, On-Chain Data Shows The upper line of the parallel channel is likely to be a source of resistance for the price in the future, meaning that tops can occur there. Similarly, the lower level can be where bottoms take place. If the asset manages to break past either of these barriers, however, then it may go on to see a continuation of trend in that direction. That is, an escape above the channel can be a bullish signal, while a fall under it can be a bearish one. As mentioned before, there are other types of parallel channels as well. Namely, the ascending and descending versions. These occur when the trendlines have a slope to them. That is, when the price’s consolidation happens towards a net upside or downside. Naturally, the ascending channel forms when the slope is positive and the descending one when it’s negative. Until recently, the daily price of Litecoin was potentially trading inside a parallel channel. Here’s the chart shared by the analyst, that shows this pattern for the cryptocurrency: From the graph, it’s visible that the recent bearish action in Litecoin has meant that its price has fallen under the parallel channel. If the pattern holds, this breakout would mean a bearish outcome for the asset. Generally, moves emerging out of a parallel channel are of the same length as the height of the pattern itself. Based on this, the analyst has put a target for LTC. “Exiting this channel sets up a price move to $70,” notes Martinez. Related Reading: Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To Since the plunge under the lower trendline of the pattern has happened, Litecoin has been moving down. It only remains to be seen, though, whether the decline would extend to this price target or not. LTC Price Litecoin has suffered a drop of almost 6% in the last 24 hours, which has erased the earlier recovery and brought its price down to $88. Featured image from Dall-E, charts from TradingView.com