Litecoin (LTC ), which is also called “silver to Bitcoin gold,” is a long-standing altcoin known for its speedy, efficient transactions. It is one of the earliest coins that remains a trusted network. Now, after some months of consolidation, it triggers a breakout. At press time, Litecoin is trading at $101.03 with an increase of 13.61% over the past 24 hours.
According to the data curated from TradingView, the coin is attempting to form a breakout from long consolidation. The bands are now starting to expand, and LTC now stands at just above the middle Bollinger band, pointing to early bullish pressure. The candles are testing the upper half, signalling the regaining strength of buyers.
RSI is at %$.40 just above the 50, now moving upward. This marks a change from the bearish to a neutral-to-bullish momentum. While analysing the chart, the past performances show that June, July, and August RSI broke 55-60 price surges above $120-$130.Now we can conclude that the momentum is now entering a bullish territory. If RSI crosses 60, it will confirm a bullish breakout.

Also Read: Litecoin (LTC) Breakout Alert: Analysts Predict Explosive Rally to $285!
According to the data curated from Cryptorank, November appears to be the most profitable month for Litecoin. The monthly returns chart reveals that in November, the coin has the most consistent gains across many years. The month shows a multi-year average return of 17.8%. December, which follows the pattern, has 16.9%.

According to the data from Coincodex, November may give more profits, up to 29.19%. This is more than the prediction for December. This confirms November’s strength as a historically bullish month for LTC performance.

Adding to this understanding now the recent update on X by Elite Crypto highlights Litecoin’s consolidation.
“$LTC has been testing the same resistance for nearly 4 years without a clean breakout, but holding strong within a long-term ascending structure. This kind of long consolidation usually ends with a big move — and this might be the year Litecoin breaks its resistance.”
This observation gives more confirmation about the breakout. He expects a breakout that can trigger a rally towards $130 or higher, matching the forecast range.
In Conclusion, we can confirm November as the most profitable month for Litecoin. Technical charts, monthly return charts, forecasts, and analysts’ observations all point towards a bullish phase that might start from this month.
If momentum holds same LTC could finally move from the past years’ consolidation, making this November the most profitable month of the year.
Also Read: Can Litecoin’s $82 Support Overcome Bearish Pressure?