Litecoin Eyes Breakout: Can It Actually Hit $150—or Go Beyond?
- Litecoin is currently consolidating between $106–$117, with technicals suggesting a possible breakout if it holds above $110.
- The daily chart looks optimistic, with a potential Golden Cross and RSI showing bullish divergence—while ETF hype adds fuel.
- If LTC clears resistance at $137–$140, it could set off a move toward $150 and possibly even higher, depending on market momentum.
Litecoin (LTC) has been quietly grinding upward, hinting at a possible comeback after months of dull price action. It’s now trading in this kinda narrow band, bouncing between $106 and $110—and it’s giving off some bullish signals, slowly but surely. Some folks are even whispering about $150, maybe $200? Even $300 feels wild but… we’ve seen crazier things.
As August 2025 kicks off, the real question is: does LTC actually have the firepower to make a real move, or is this just another fakeout?
A Calm Before the Push?
Right now, Litecoin’s price is dancing between $104 and $117 depending on where you’re checking. Some platforms show a nice 3%–7% daily bump, but it’s not all sunshine. There’s been some short-term profit-taking—y’know, people grabbing gains while they can—which has pulled the price back a bit here and there.
Still, Litecoin’s been a steady name to watch this month. ETF chatter is definitely giving the bulls a little more reason to hang around. And if it can hang on above $110 for a bit, there’s a decent chance it could sprint toward $123… maybe even $130 if volume shows up.
But even with this short-term optimism, the weekly chart is raising some eyebrows. It’s showing signs that the bullish momentum might be fading—like, slipping through the cracks a bit. OBV (that’s On-Balance Volume, for those not chart-obsessed) is falling, which backs up the idea that sellers are creeping back in.
A Golden Cross on the Horizon?
Zooming in on the daily setup though—it’s a bit more hopeful. LTC seems to be in this tight squeeze mode, just consolidating for now. The 50 and 200-day moving averages? They’re creeping toward that classic Golden Cross, which usually means a bigger move is coming.
Meanwhile, the RSI is throwing out a bullish divergence. It’s chillin’ in the upper bands, hinting that the bulls haven’t totally lost control yet. So yeah, mixed signals, but not a total downer.
The one wild card? ETF rumors. They’re still flying around and any legit confirmation could trigger a serious spike. Market sentiment is super sensitive right now, so even a tiny spark could set things off.
If—and it’s a big if—Litecoin pushes past that stubborn resistance range around $137 to $140 and actually stays above it, we might be looking at a whole new rally. Something that could launch LTC toward $200… or hey, maybe even a run back to that mythical $300–$350 range from years ago.
The post Litecoin Eyes Breakout: Can It Actually Hit $150—or Go Beyond? first appeared on BlockNews.
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Litecoin Eyes Breakout: Can It Actually Hit $150—or Go Beyond?
- Litecoin is currently consolidating between $106–$117, with technicals suggesting a possible breakout if it holds above $110.
- The daily chart looks optimistic, with a potential Golden Cross and RSI showing bullish divergence—while ETF hype adds fuel.
- If LTC clears resistance at $137–$140, it could set off a move toward $150 and possibly even higher, depending on market momentum.
Litecoin (LTC) has been quietly grinding upward, hinting at a possible comeback after months of dull price action. It’s now trading in this kinda narrow band, bouncing between $106 and $110—and it’s giving off some bullish signals, slowly but surely. Some folks are even whispering about $150, maybe $200? Even $300 feels wild but… we’ve seen crazier things.
As August 2025 kicks off, the real question is: does LTC actually have the firepower to make a real move, or is this just another fakeout?
A Calm Before the Push?
Right now, Litecoin’s price is dancing between $104 and $117 depending on where you’re checking. Some platforms show a nice 3%–7% daily bump, but it’s not all sunshine. There’s been some short-term profit-taking—y’know, people grabbing gains while they can—which has pulled the price back a bit here and there.
Still, Litecoin’s been a steady name to watch this month. ETF chatter is definitely giving the bulls a little more reason to hang around. And if it can hang on above $110 for a bit, there’s a decent chance it could sprint toward $123… maybe even $130 if volume shows up.
But even with this short-term optimism, the weekly chart is raising some eyebrows. It’s showing signs that the bullish momentum might be fading—like, slipping through the cracks a bit. OBV (that’s On-Balance Volume, for those not chart-obsessed) is falling, which backs up the idea that sellers are creeping back in.
A Golden Cross on the Horizon?
Zooming in on the daily setup though—it’s a bit more hopeful. LTC seems to be in this tight squeeze mode, just consolidating for now. The 50 and 200-day moving averages? They’re creeping toward that classic Golden Cross, which usually means a bigger move is coming.
Meanwhile, the RSI is throwing out a bullish divergence. It’s chillin’ in the upper bands, hinting that the bulls haven’t totally lost control yet. So yeah, mixed signals, but not a total downer.
The one wild card? ETF rumors. They’re still flying around and any legit confirmation could trigger a serious spike. Market sentiment is super sensitive right now, so even a tiny spark could set things off.
If—and it’s a big if—Litecoin pushes past that stubborn resistance range around $137 to $140 and actually stays above it, we might be looking at a whole new rally. Something that could launch LTC toward $200… or hey, maybe even a run back to that mythical $300–$350 range from years ago.
The post Litecoin Eyes Breakout: Can It Actually Hit $150—or Go Beyond? first appeared on BlockNews.
Читать больше
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