Key Takeaways
- Litecoin (LTC) is gaining strong hype and speculation from the market about a potential price rally towards a region of $135.
- LTC’s price could trade towards $135 if the price breaks its minor resistance of $113 with strong volume.
- A breakout for the crypto asset to the highs of $140 could potentially set the tone for a $300 target before the end of the year.
Litecoin (LTC) has caught the attention of many traders and investors following strong market price action from the cryptocurrency, as the price on the higher timeframe continues to develop into strong bullish price action.
The price of Bitcoin following a recent price crash towards $98k led to many uncertainties, as altcoins were on the verge of trading below key support zones. However, with the price of the crypto asset rebounding swiftly, altcoins are beginning to look interesting for a short-term market rebound.
With growing interest and a promising technical outlook for many altcoins, we will analyze the current LTC market price action and where the price could be headed in the coming days, ahead of what appears to be a close to 2025.
On-chain Sentiment of Litecoin (LTC) Bullish Price Action
On-chain market sentiment has flipped bullish for Litecoin (LTC) over the past few days, as trading volume and liquidity interest from traders and investors have seen a strong rally in activity, also indicating a shift in market movement to the upside after several price declines.
Rumors on-chain have suggested that the price of LTC could potentially follow the price action of Zcash after the crypto asset rallied from a region of $26 towards $700, gaining huge market hype and speculation that the price action and behavior of LTC are no different.
While on-chain data contribute to reasons for buying into LTC, technical analysis and crypto analysts suggest the price of Litecoin is on the verge of a major rally towards key highs of $135, as the price has struggled to trade above this zone in previous months.
Technical Analysis of LTC
Source – Litecoin (LTC) Daily Price Analysis from TradingView
The price of Litecoin (LTC) has struggled for much of 2025 as the price has faced several rejections from the region of $135 towards a low of $58; however, the price of the crypto asset has rebounded from this zone towards $113, forming a bullish market action despite facing a minor rejection.
Currently, the price of LTC trades around $98, following a clear bullish price action to the upside. The price of LTC would attempt a breakout towards a major resistance level of $135 if it trades above $113.
For the price of LTC to have a chance of aiming for higher price action on the daily timeframe, its price must trade above $135 resistance with volume to the upside, as this could help price maintain its rally. Traders and investors need to remain patient as the price develops, with a short-term target price range of approximately $113 to $135.
FAQs
How much is $1 Litecoin in Naira?
One LTC is worth over $150,000 based on the current market rate, at $102/LTC.
Will Litecoin reach $300?
The speculation that LTC will reach a high of $300 is possible if the price breaks above the key resistance level of $135, accompanied by strong volume to the upside.
How much will 1 Litecoin be worth in 2025?
LTC has the potential to trade at $200 by the end of 2025, based on current market price action and speculation.
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