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Litecoin Price Prediction: Here's Why LTC is Rising Today

Lokesh Gupta Lokesh Gupta Calendar 05-08-2025
LTC Bullish Flag Signals Move Toward $153

LTC Bullish Flag Signals Move Toward $153

Litecoin price is regaining momentum in the cryptocurrency market, as LTC price breaks out above the vital resistance at $120. Other, cryptocurrencies have been gaining or staying stable in the recent past with the likes of Bitcoin experiencing a 4.10% drop in the past week, but LTC has gained over 10% in the last 24 hours.

More so, LTC has been experiencing an increase in adoption and transaction volume since the beginning of 2025. According to the Litecoin Foundation, 12% of all the transactions in Litecoin's lifetime have been made in this year. 

In the meantime, the Bitcoin dominance is 60.76%, and the CMC Altcoin Season Index is 44/100, showing an early altcoin season with a Bitcoin-dominated market.

Litecoin Price Long-Term Breakout Clears Path To $222

The 2-week chart of Litecoin price shows a breakout of the symmetrical triangle, which has been containing the price over the past three years. 

The triangle, which is defined by lower highs and higher lows, has been broken by strong weekly candlesticks. Such a move establishes a technical change in market structure, which paves the path towards a prolonged rally.

The next important resistance is at $135.81, and a higher one is at $222.64, which was last hit in 2021. Bollinger Bands have widened, and price activity has drawn near the upper band, this shows heightened volatility and upward momentum.

TradingView

Litecoin 2-week Price Analysis : Source : TradingView

Additionally, the MACD now shows a bullish signal with a crossover and rising bars, which supports the breakout.

Nonetheless, If the price falls, $96.80 could be a strong support where it might bounce. This level corresponds to the bottom edge of the prior consolidation zone and is reinforced by prior price action. 

Provided that LTC manages to stay above this level, the long-term bullish outlook remains unchanged.

LTC Short-Term Flag Pattern Targets $153

On the 4-hour chart, Litecoin price has finished a bullish flag pattern breakout, indicating its recent rally is likely to continue. The pattern emerged after a sharp 58% surge and was followed by a period of downward consolidation. 

The breakout implies a short-term price objective of $153.10, which is a 41% rise above the flag’s breakout level.

Litecoin Price

LTC 4-hour chart : Source : TradingView

After breaking above the $120 zone, a revisit to the $118.78 level, once a key resistance and now support, could be on the cards. 

Such a retest would lead to a more favourable setup for the move toward the higher target. The Supertrend indicator has likewise turned bullish at $113.99, giving further backing to the cryptocurrency’s near-term upward momentum.

On the 4-hour chart, the RSI now rests in overbought territory at 79.38, a sign that a short-term correction is likely in store. 

Yet, in strong uptrends, overbought readings frequently trigger only brief pullbacks instead of triggering full-fledged reversals. Should price hold above $120 during the retest, momentum may gather greater momentum in the sessions ahead.

External Catalysts As Charts Remain The Primary Guide

Lifting hopes of a possible spot ETF approval have been in harmony with the current rise in Litecoin price. Market sources put the odds of approval at 95% as SEC goes through applications of Grayscale, CoinShares and Canary Capital. 

Moreover, Litecoin has been defined as a commodity by the CFTC, which facilitated more transparent regulatory status.

There is also more institutional activity with traders lining up in the hope of further access to the market via a spot ETF. The new direction of SEC leadership and regulatory transparency have been accompanied by increased trading volumes, which have increased more than twice in the breakout period.

Coingate

Source : Coingate

At the same time, Litecoin’s practical real-world uses are expanding, further bolstering its bullish momentum. During the month of July, it constituted 14.5% of CoinGate’s crypto payment volume, placing it just behind Bitcoin. 

Merchant adoption surged to 41% this year and, with more than 12% of lifetime transactions slated for 2025, LTC’s use case remains steadily reinforced.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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