Friday, August 15, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Litecoin price forecast: tracking LTC’s bullish technical setup

by SB Crypto Guru News
May 29, 2025
in Analysis
Reading Time: 4 mins read
0 0
A A
0


Litecoin price forecast: tracking LTC’s bullish technical setup
  • Litecoin is forming bullish flag and pennant patterns, signalling a bullish breakout.
  • Price targets range from $108 to $153 after the imminent breakout.
  • Large holders and strong volume back the projected LTC’s upward momentum.

Litecoin (LTC) is once again in the spotlight as bullish technical formations point to the potential for significant upside movement.

The cryptocurrency is currently navigating a critical phase, marked by a series of strong technical patterns and robust on-chain data that suggest an optimistic outlook.

LTC price technical analysis

At the time of writing, Litecoin trades around $97.45, maintaining stability while exhibiting subtle signs of bullish momentum.

Technical analysis identifies a bull flag pattern forming near this price range, signalling a potential continuation of Litecoin’s upward trajectory.

A bull flag is a well-known technical continuation signal that appears after a strong price rally, followed by a brief consolidation phase within a downward-sloping channel.

LTC’s flag formation around the $95 level reflects a healthy cooldown, which is often necessary before a breakout occurs.

Volume during this consolidation has been declining, which aligns with typical bull flag behaviour and suggests a stronger breakout may soon follow.

Analyst CW8900 projects that if this flag resolves to the upside, Litecoin could aim for a price target of $136, indicating nearly a 40% rally from current levels.

$LTC is forming a bull flag pattern.

The rally will resume as it breaks through this pattern.

The next target according to the pattern is around $136, which is similar to the previous high. pic.twitter.com/LSgX70DgZt

— CW (@CW8900) May 27, 2025

Adding weight to the bullish outlook is Litecoin’s performance on the 4-day chart, which shows the asset breaking free from earlier range-bound movement and forming a clear ascending trend.

The new support zone between $96 and $97 has been holding firm, helping to establish a base for a potential leg higher in the coming weeks.

Key resistance levels are now projected at $108.71, $132.24, and $153.11, all of which mark important milestones in Litecoin’s recovery journey.

Complementing the bull flag is another powerful setup: a bullish pennant forming on the daily chart, suggesting the market remains optimistic.

This pennant pattern emerges after a rapid price rise, followed by price action tightening within converging trendlines, typically preceding a breakout continuation.

Litecoin price prediction

Both the bull flag and the pennant point to similar targets between $120 and $130, reinforcing the potential for Litecoin to break past its current resistance.

Supporting this technical strength is bullish on-chain data, which reveals that nearly half of the LTC supply is held by large investors and long-term holders.

More than 75% of Litecoin holders have maintained their positions for at least eighteen months, underscoring a foundation of confidence and reducing the likelihood of panic selling.

Additionally, over $58 billion in large trades occurred within seven days, highlighting increased market participation and strong liquidity.

These data points suggest that institutional involvement is quietly reinforcing the bullish case for Litecoin’s next breakout.

Historical context also supports this optimism, as Litecoin previously reached $140.17 in January 2025, before retracing to current levels.

Market sentiment remains positive, with the Fear & Greed Index at 74, reflecting strong investor confidence amid broader altcoin strength.

Meanwhile, analysts like VipRoseTr have identified a falling wedge breakout that occurred in mid-May at around $78.80, which often marks the end of a downtrend.

Since then, Litecoin has climbed steadily and now sits just beneath the $90–$100 resistance range, a zone viewed as pivotal for triggering the next major move.

📈 #LTC/USDT 4D OUTLOOK$LTC is showing a strong recovery after a successful breakout. Current consolidation could be the fuel for the next leg up.

🎯 Target 1: $108.71
🎯 Target 2: $132.24
🎯 Target 3: $153.11

Potential upside of +94% from current levels! Bulls are gaining… pic.twitter.com/5xCNEIMlSs

— Rose Premium Signals 🌹 (@VipRoseTr) May 27, 2025

Forecasts for 2025 diverge widely, with some platforms projecting a modest rise to $112 while others see potential for a rally beyond $210.

Despite this uncertainty, the combination of bullish patterns, increasing volume, and favourable holder behaviour suggests Litecoin may be gearing up for a powerful breakout.

Ultimately, Litecoin’s technical and fundamental indicators align in a way that suggests a strong possibility of sustained upward movement.

If key resistance zones are breached, Litecoin may soon transition from consolidation to acceleration, making it one of the altcoins to watch in 2025.


Share this article

Categories

Tags





Source link

Tags: Bitcoin NewsBullishCrypto NewsCrypto UpdatesForecastLatest News on CryptoLitecoinLTCsPriceSB Crypto Guru NewssetupTechnicalTracking
Previous Post

SEC Pushes Back Decision on Grayscale’s Avalanche and Cardano ETFs

Next Post

XRP futures surge past $223M as price holds $2.27 support

Related Posts

Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?

Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?

by SB Crypto Guru News
August 15, 2025
0

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms...

7-Year Bottom Breakout Could Trigger Repeat Of 2014-2017

7-Year Bottom Breakout Could Trigger Repeat Of 2014-2017

by SB Crypto Guru News
August 14, 2025
0

The XRP price has broken out of a 7-year Double Bottom pattern, signaling what analysts predict could be the start...

Ripple CTO highlights XRPL’s maturity and flexibility for next-generation of global finance

Ripple CTO highlights XRPL’s maturity and flexibility for next-generation of global finance

by SB Crypto Guru News
August 14, 2025
0

Ripple CTO says XRPL’s maturity, low fees, and flexibility make it ideal for future global finance. XRPL offers a permissionless...

What’s next for Bitcoin after hitting a new ATH at 4k? Check forecast

What’s next for Bitcoin after hitting a new ATH at $124k? Check forecast

by SB Crypto Guru News
August 14, 2025
0

Key takeaways Bitcoin hit a new all-time high of $124,457 a few hours ago as the broader crypto market rallied...

Bitcoin Price Hits New Milestone ATH, Bulls Eye Even Higher Levels

Bitcoin Price Hits New Milestone ATH, Bulls Eye Even Higher Levels

by SB Crypto Guru News
August 14, 2025
0

Bitcoin price is gaining pace above the $121,200 zone. BTC is now consolidating and might aim for a move above...

Load More
Next Post
XRP futures surge past 3M as price holds .27 support

XRP futures surge past $223M as price holds $2.27 support

Russia Approves Crypto-Tied Investments With Strict Limits

Russia Approves Crypto-Tied Investments With Strict Limits

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.