Litecoin Heading For Higher Levels As LTC/BTC Setup Signals Fresh Surge

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, Litecoins 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 Litecoins 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 markets response, particularly from BTC, will likely influence Litecoins 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

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Litecoin Price Upsurge Cools Off Whats Next After The $97.8 Drop?

Litecoins bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline. While LTC previously showed strength, the inability to maintain higher levels suggests that market sentiment is shifting, leaving traders questioning the coins next move. As the price approaches key support levels, traders are closely monitoring market signals to determine the next move. Will buyers step in to defend LTC and spark a rebound, or will bearish pressure push the price even lower? Litecoin Drop To $97.8: What Triggered The Pullback? Litecoins retreat to $97.8 comes after failing to sustain its recent uptrend, as increasing selling pressure drove the price lower. After an initial push higher, LTC encountered strong resistance at the $113 key level, preventing further gains and triggering a pullback. This resistance rejection prompted profit-taking among traders, as many opted to secure gains rather than hold through potential volatility. Related Reading: Litecoin Fails To Break Key Resistance Level Again Can Bulls Hold Range Lows? Moreover, the decline in buying momentum played a crucial role in the price drop. As bullish enthusiasm faded, buyers struggled to maintain control, allowing sellers to take over. The weakening demand led to increased downward pressure, accelerating Litecoins descent toward the $97.8 support level. Broader market uncertainty also contributed to the downturn. A combination of external factors, including macroeconomic conditions and Bitcoins price action, likely influenced traders’ risk appetite, leading to a cautious approach toward altcoins like LTC. Technical indicators also experienced a drop below average, prompting a correction as traders reassessed their positions. If Litecoin fails to hold above $97.8, further downside could be expected. However, a possible recovery may be on the horizon if buyers step in at this level. Potential Scenarios: Rebound Or Further Decline? The Litecoin price movement around the $97.8 level will be crucial in determining its next direction. Two possible scenarios could unfolda strong rebound if buyers regain control or a deeper decline if selling pressure persists. Related Reading: Litecoin Price Shows Resilience In Uncertain Market Conditions Whats Next For LTC? In a bullish scenario where LTC manages to hold above $97.8, buyers could step in, driving the price toward immediate resistance levels. A successful rebound might push Litecoin back above $113, with the next target being $131.6. After this, bullish momentum may grow, paving the way for a rally to $146. However, in a bearish scenario where Litecoin fails to hold above $97.8, the price could face additional downside pressure. Breaking below this key support hints at a decline toward $89.7 and $76.8, and even lower support zones, making it critical for bulls to defend key levels. Featured image from Pexels, chart from Tradingview.com

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Best Litecoin Faucet | The Ultimate List of 2022

Ever regretted not investing in cryptocurrency at the right time? Well, here’s the chance, and you can grab it at any time that you want. Using a Litecoin faucet is relatively easier compared to using a Bitcoin faucet. Litecoin has a simpler algorithm and takes just about 150 seconds when it comes to a transaction. Can […]

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The Silver To Bitcoins Gold: Why A Litecoin ETF Could Drive Price To $800

Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs.  How The Litecoin ETFs Could Drive LTCs Price To $800 In a TradingView post, EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTCs price to $800 at the end of the cycle. He noted that Litecoin is just a fork of Bitcoin, and there is not much technology in it. However, he added that a decentralization and adoption issue is occurring, making LTC a suitable candidate for a potential ETF.  Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin The analyst indicated that these Litecoin ETFs are one of the bullish fundamentals that could send LTC to this price target. Grayscale. Canary Capital and CoinShares have all applied with the SEC to offer a Litecoin ETF. According to Bloomberg analysts Eric Balchunas and James Seyffart, there is a 90% chance of the US SEC approving these funds this year.  As such, if approved this year, these Litecoin ETFs could easily send the LTC price to $800, as EXCAVO predicted. Meanwhile, from a technical analysis perspective, the analyst also stated that the crypto has a standard triangle with horizontal resistance on top. He added that such resistances tend to break out strongly. As such, the analyst is confident that LTC can reach $800 in this cycle thanks to its bullish fundamentals and technicals.  EXCAVO also alluded to the LTC/BTC pair, noting that the fall has stopped and the bottom has been minimized. In line with this, he remarked that he expects an upward jump soon enough.  LTC Is Headed To $180 In The Short Term In an X post, crypto analyst Dom opined that the Litecoin price is headed to $180. This came as he explained why he doesnt believe LTC has topped in this cycle. Alluding to historical patterns, the analyst asserted that Litecoins chart is nothing like a topping formation. He added that tops have always been put in quickly.  Related Reading: Forget Bitcoin Holders: Litecoin Investors Are The Real Diamond Hands, According To This Metric Dom also remarked that Litecoins price is bullish, above the all-time high (ATH) Volume-weighted average price (VWAP). However, he added that a full invalidation would be an acceptance below $103.  Meanwhile, crypto analyst Crypto Bullet highlighted how LTC will fly soon. His accompanying chart showed that the Litecoin price could reach $210 when this parabolic rally happens. Crypto analyst Charting Guy is also bullish on Litecoin, describing it as XRP 2.0, indicating that it could make a comeback like XRP did last year.  At the time of writing, the Litecoin price is trading at around $123, down almost 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

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Crypto Analyst Predicts 1,500% Pump As Litecoin Grows Against Bitcoin

Litecoin has been gaining momentum in recent weeks, and according to crypto analyst Tony “The Bull” Severino, this might be just the beginning of an explosive rally. Although Litecoin also started February on a decline alongside the rest of the crypto market, it has since detached and has recovered from these losses.  This interesting Litecoin price move has seen it outperforming against Bitcoin. In a post shared on social media platform X, Severino projected that Litecoin could significantly outperform Bitcoin in the coming months and pump by 1,500%. LTCs Growing Strength Against Bitcoin Litecoin has remained relatively quiet in this market cycle, drawing less attention compared to top cryptocurrencies like Bitcoin, Solana, and XRP. However, technical analysis shows that LTC has started to outperform Bitcoin, especially in the past two months. Related Reading: Litecoin Sees 2M Bollinger Bands Tighten What A Move Above $130 Will Mean For Price This trend with Litecoin and Bitcoin was highlighted through a multi-year monthly candlestick chart shared by crypto analyst Tony Severino. As shown by the chart below, the Litcoin / Bitcoin pair has been on an uptrend after rebounding on the bottom trendline of its multi-year descending channel.  Tony Severino noted that Litecoin will continue to push upwards in this channel, which will cause the price to continue outperforming Bitcoin on the monthly timeframe. Regarding a price prediction, the analyst noted two targets for the pair. The first target is at 0.006275 BTC, which is just around the upper trendline of this channel. From here, a continued breakout is expected to push the Litecoin / Bitcoin pair to the final target of 0.02 BTC.  As of now, the LTC/BTC pair is trading at approximately 0.003, meaning the first target suggests a 110% increase against Bitcoin, while the final target points to a 566% surge. Litecoin Price Targets If It Continues To Grow Against Bitcoin The predicted outperformance of Litecoin against Bitcoin places Litecoin at new all-time highs. Provided that Bitcoin continues to trade around the $100,000 mark and the LTC/BTC pair continues its upward trajectory, Litecoins first price target at 0.006275 BTC would correspond to a valuation of approximately $630. Should the pair reach the final target of 0.02 BTC, the price could skyrocket to around $2,000.  Related Reading: Crypto Analyst Dunks On Shiba Inu, Cardano, And Litecoin, Reveals Bullish Cryptocurrencies This scenario of Litecoin strongly outpacing Bitcoin if it continues to range around $100,000 could set off a domino effect and cause an altcoin season. This altcoin season could cause capital flows from Bitcoin into the altcoin market, causing other altcoins to also outperform Bitcoin. However, Bitcoin could eventually start climbing beyond $100,000. In this case, Litecoins relative strength on the Litecoin / Bitcoin pair would still be crucial. If it continues to trend upward even while the Bitcoin price appreciates, the price targets for Litecoin will be even higher. A push toward 0.006275 or 0.02 in the LTC/BTC pair amid a rising Bitcoin market would result in prices that exceed the initial $630 and $2,000 targets. At the time of writing, LTC is trading at $126 after recently reaching an intraday high of $136. Featured image from Adobe Stock, chart from Tradingview.com

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Will Litecoin Bounce Back? $113 Becomes Key After Recent Rejection

Litecoin recent price action has left traders at a crossroads as the cryptocurrency struggles to recover from a sharp rejection at $131. After an attempt to push higher, LTC failed to hold its momentum, turning $113 into a critical level that could shape its next move. With bullish hopes now hinging on this key support, can Litecoin bounce back, or is further downside inevitable? The market is closely watching for signs of strength from buyers, as holding above this level will probably reignite upside momentum and set the stage for another rally. On the other hand, a breakdown could expose Litecoin to deeper losses, putting sellers in control. With uncertainty looming, traders are bracing for LTCs next big move. Lets dive into the key technical levels and what they mean for LTCs future. LTCs Rejection: What It Means For The Short-Term Trend Following the rejection that halted bullish momentum at $131, Litecoin has continued to exhibit bearish tendencies, struggling to regain upward traction. The failure to break through this key resistance level has reinforced the dominance of sellers, leading to a pullback that now threatens the short-term optimistic outlook.  Related Reading: Litecoin Approaches Daily Range Peak Can LTC Break Multi-Year Highs? With $131 acting as a formidable barrier, buyers were unable to sustain the rally, ultimately giving way to increased selling pressure. Its rejection suggests that many traders are choosing to lock in profits, reducing demand and weakening bullish momentum. A decline in buying interest at higher levels indicates hesitation among investors, possibly due to broader market uncertainties or a lack of confidence in future performances. Additionally, key technical indicators are flashing caution signals. The Relative Strength Index (RSI), which measures momentum, is trending lower and approaching the 50% threshold, a critical level that often determines whether bullish or bearish sentiment prevails.  A sustained drop below this level would reflect weakening buying strength and increasing selling pressure, reinforcing the potential for further downside movement. Whats Next? Possible Scenarios For Litecoin Price If the $113 support level holds strong, Litecoin may attract renewed buying interest, leading to a possible bounce. A surge in bullish momentum might allow LTC to reclaim lost ground and retest the $131 resistance level. Breaking above this barrier, supported by strong volume, might open the door for a rally toward $146.8 and beyond, signaling a continuation of the uptrend. Related Reading: Analyst Says Litecoin Will Outperform Bitcoin And Large Cap Cryptos With 11,000% Breakout On the downside, if selling pressure intensifies and Litecoin falls below $113, the next major support levels to watch would be $97.9 and $89.7. Falling below these levels could trigger a deeper correction, putting LTC at risk of revisiting lower price zones. Featured image from Medium, chart from Tradingview.com

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Litecoins (LTC) Explosive Rally: Whats Driving Its Sudden Surge?

Litecoin (LTC) movement in the market was recently explained by Alan Santana with the focus on the LTC/BTC pair. LTC has now experienced its first wave of upward momentum as defined by higher highs and higher lows after years of a downward trend. This is a significant event for the LTC price, which had been […]

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Crypto Analyst Says Litecoin Is About To Pull An XRP, Heres What He Means

Crypto analyst Tony Severino said Litecoin is about to pull an XRP, suggesting that the coin could soon enjoy a parabolic rally. The analyst alluded to a bullish indicator on LTCs chart, which showed that the crypto could witness this parabolic rally.  Litecoin Is About To Pull An XRP, Heres Why In an X post, Tony Severino said that Litecoin is about to pull an XRP, noting that the crypto is now above the monthly upper Bollinger Band. This suggests that LTC has undergone the necessary price correction and is now well-primed for a bullish reversal. The analysts accompanying chart showed that a wick to the upside was already forming for the crypto on the monthly chart.  Related Reading: Shiba Inu Burns Spike 7,418% In 1 Week Can SHIB Price Continue Pushing To New Highs? Severino didnt give a price target for how high Litecoin could rally when this move to the upside occurs. However, the chart showed that the $150 and $300 price levels were in view, a rally that could ultimately pave the way for LTC to rally to its current all-time high (ATH) of $412. It is worth mentioning that the crypto analyst had also recently made a similar analysis for XRP.  Before now, Severino mentioned XRP is just above the monthly upper Bollinger Band just as BB Width expands from the tightest squeeze in XRP history. He added that this is going to shock and awe. Since then, XRP has enjoyed a parabolic rally of over 200% and is now above the $2 mark, a level the analysts chart showed the crypto could surpass.  Therefore, this Litecoin analysis is undoubtedly one to watch since the crypto analyst predicts that LTC will pull an XRP. Litecoin has yet to enjoy its bull run, although it already looks to be catching up, considering it is up over 24% in the last seven days.  The Next Dino Coin To Run? Like Severino, crypto analyst Crypto Snorlax has also suggested that Litecoin will be the next Dino coin to witness a parabolic rally. In an X post, the analyst highlighted a chart overlaying XRPs price action over LTCs. Based on this analysis, Crypto Snorlax revealed two interesting findings.  Related Reading: Bitcoin Price Enters Parabolic Phase Of Cycle After Surge To $98,000 Analyst Firstly, he noted that there is a strong correlation between old altcoins. With XRP recording a 5x price increase from its bottom range, the analyst expects Litecoin to follow shortly. Secondly, Crypto Snorlax revealed that Litecoin just broke above $115, an 18-month resistance.  Therefore, Litecoin is well primed for a significant rally, having flipped this resistance to support. The analysts accompanying chart showed that LTC could enjoy up to a 3x price increase and reach as high as $450, which would mark a new ATH for the crypto.  At the time of writing, Litecoin is trading at around $121, up over 20% in the last 24 hours, according to data from CoinMarketCap.  Featured image created with Dall.E, chart from Tradingview.com

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Litecoin Bull Run Begins: Key Indicators Point To Record Highs By 2025

Litecoin (LTC) is out of the long period of accumulation, signaling the beginning of the bull run. In a recent X post, Alan Santana noted that the cryptocurrency market tipped into a strong growth trajectory from the middle of 2022. LTC is now indicating that it is about to enter a major upswing as investors […]

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