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Litecoin Price Analysis: LTC Shows Strength With a Potential Toward $532

Litecoin Price Analysis: LTC Shows Strength With a Potential Toward $532

2025-10-24

Litecoin

  • Litecoin (LTC) shows resilience, signaling renewed bullish sentiment in the crypto market.
  • Long-term holders continue to accumulate, reflecting growing belief in Litecoin’s potential recovery phase.
  • Analysts predict Litecoin could break out toward $532, following a four-year descending wedge pattern.

Litecoin (LTC) is showing resilience for a potential rebound with a slight upsurge in its value with growing interest in the crypto landscape. In the last 24 hours, the token has been up by almost 1.32%, signaling a bullish sentiment among traders. Over the past week, it is slightly down by 1.58%.

At the time of writing, LTC is trading at $93.72 with a market capitalization of $7.16 billion. However, its trading volume stands at $756.3 million, marking a decline of 8.75% over the last 24 hours, reflecting the cautious mode of traders and investors.

Source: CoinMarketCap

Litecoin Shows Consolidation amid Market Uncertainty

According to the data from CryptoRank, in 2023, Litecoin exhibited a phase of steady recovery, posting consistent upside momentum beyond the earlier weakness of the market. The year reflected building investor confidence and healthier price action that ended strongly and stably to set the tone for renewed optimism.

Source: CryptoRank

In 2024, the market turned more volatile, with several ups and downs. Despite periods of uncertainty, Litecoin seemed to recover toward the end of the year. In 2025, the trend is more balanced but cautious, which suggests a maturing market stabilizing before the next significant move.

Also Read: Litecoin (LTC) Shows Stability, Preparing for Breakout Toward $112 Resistance

Litecoin (LTC) Poised for Major Breakout to $532

Moreover, the crypto analyst Crypto Patel highlighted that Litecoin has finally broken out of its long accumulation phase, strongly rebounding from its seven-year trendline support. Analysts point out that LTC is close to breaking out from a four-year descending wedge, a bullish pattern often associated with major rallies, which indicates a possible shift in market momentum with buyers taking over.

Source: X

After completing the re-accumulation zone, Litecoin’s immediate targets will be $216, $388, and $532, the previous all-time high. The previous occurrence of this pattern saw LTC surge more than 1,500%, spurring hopes that such a similar surge can happen with the strengthening bull momentum across the markets.

Litecoin Price Consolidates Before Next Big Move

The Litecoin (LTC) weekly chart shows that it has been trading slightly above its lows at around $90. Bollinger Bands depict a level of moderate volatility, as it rests close to its bottom band, which could indicate a point of support. Its 20-week SMA stands at $105.30, while its upper and lower bands are at $131.74 and $78.87, respectively.

Source: TradingView

The MACD remains bearish, with its signal line staying above its MACD line, with a histogram that remains below zero. RSI stands at 44.62, indicating a lack of momentum, neither overbought nor oversold. Overall, it appears that a critical period for Litecoin may continue, with a risk of decline below $90 or a possible rebound at $105.

Also Read: 3 Factors Powering Litecoin’s (LTC) impressive Resilience in the Volatile Market

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