• Litecoin gains 6.66% in 24 hours, with a weekly surge of 16.29%.
• The current price hovers near $119.57, supported by rising trading volume.
• The technical structure points to a potential breakout above $130.
• Long-term targets suggest a possible move toward $280 and $386.

Litecoin (LTC) is recapturing attention throughout the altcoin sphere with BTC’s upward momentum and growing interest in the crypto sector. Over the past 24 hours, LTC advanced nearly 6.66%, while its seven-day performance recorded a surge of 16.29%. This sharp growth highlights increasing confidence in the asset’s medium-term outlook.

At the time of writing, Litecoin is trading at $119.57 with a market capitalization of $9.13 billion. The 24-hour trading volume jumped 107.61% to $1.54 billion, signaling heightened activity from both retail and institutional traders. Analysts note that this surge in liquidity often reflects preparation for larger directional moves, with LTC trading inside a long-term ascending channel since mid-2022.

Also Read: Litecoin Whales Buy 930K LTC Amid ETF Hype, Bullish Surge on Horizon

Litecoin Technical Patterns Signal Imminent Breakout

Chart analysis highlights the development of a symmetrical triangle on the weekly timeframe, suggesting that Litecoin is consolidating before its next major move. The immediate resistance stands in the $130–$135 zone, a level that has capped price advances in recent sessions. A breakout above this range could confirm renewed bullish momentum, opening space for Litecoin to test higher targets between $150 and $160.

Analysts also support this bullish view, pointing out that Litecoin has accumulated strength for more than three years beneath a critical zone. If the price action aligns with this long-term pattern, LTC could extend significantly higher. Historical resistance points around $280.50 and $386.20 remain the most optimistic targets if momentum continues.

On the downside, support is found around $102–$105. A consistent decline below that level may pull the price towards $85–$90, and further retracement may visit the $70 long-term base. Until then, traders do not care much about that as long as LTC manages a breakout in the next couple of weeks.

Indicators Reflect Building Market Momentum

Momentum indicators also trend bullish. Litecoin’s RSI is now at 58.34, which is above its moving average of 57.16, suggesting a consistent positive strength without reaching the overbought region. In the past, such RSI levels of more than 60 triggered prolonged bull runs, and so the asset can still grow further.

The Moving Average Convergence Divergence (MACD) also reinforces this expectation. It has the MACD line standing at 5.73, moving over the signal line standing at 5.10, yielding a bullish crossover. The histogram value standing at 0.63 indicates gains in momentum, a reversal over the bearish trend spanning March through June 2025.

Overall, Litecoin finds itself at a crossroads, as momentum indicators and chart patterns suggest a breakout that will establish its direction for the coming months could be on the cards.

Also Read: Litecoin Surges: 130% Boost In Trading Volume & Nearly 8% Price Gain In 24 Hours