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Cryptocurrency News Articles
Litecoin (LTC) Price Prediction 2025: May Gain More Upsides After Forming Bull Flag
Feb 20, 2025 at 03:08 am
The Litecoin price prediction escalates, but a break above $140 is expected to push the coin toward the upper boundary of the channel.
Litecoin (LTC) price is showing signs of strength as it continues to trade within an ascending channel on the daily time frame. The price is approaching a key resistance level, which could determine the next directional move for LTC.
Litecoin Price Analysis
After a strong recovery from the low of $129.76, the Litecoin price is currently trading at $132.52, showing a +2.14% gain on the day. This price movement showcases buyers continuing to have the upper hand in the price action, which could easily push the coin toward the potential resistance levels of $160, $165, and $170. In other words, if the buying action fails to maintain the bullish movement above moving averages, the coin could instead settle for consolidation.
On the downside, support is established at $110, which nears the lower boundary of the ascending channel. If Litecoin fails to break above $140 and experiences a pullback, the 9-day MA at $126.35 could act as the first line of defense. A break below this level might push the price toward the 21-day MA at $117.66, where buyers could look to step in. However, a bearish break below the $105 support could invalidate the bullish trend and trigger a deeper correction, potentially sending LTC to $100 and $095 respectively.
LTC/BTC Faces the North
Against Bitcoin, the LTC price is currently hovering at 1384 SAT, reflecting a +1.99% gain on the day. The price remains within a well-established ascending channel, maintaining a bullish structure. However, the 9-day MA (1309 SAT) is above the 21-day MA (1203 SAT), confirming short-term bullish momentum. The price is approaching the key resistance at 1500 SAT, and a breakout above this level could signal further upside movement, potentially targeting new highs within the channel. The rising volume also suggests increasing buying pressure, which could drive LTC toward the resistance level of 1680 SAT and above.
On the downside, support is seen at 1100 SAT, aligning with the lower boundary of the ascending channel. If LTC faces rejection at 1384 SAT and fails to sustain momentum, it could pull back towards the 9-day MA (1309 SAT), which will act as the first line of defense. A break below this level might push the price toward the 21-day MA (1203 SAT), and a bearish move below 1100 SAT could invalidate the bullish outlook, leading to further downside pressure. However, as long as LTC maintains its position above the moving averages and within the channel, the bullish trend remains intact, with the potential to test 1680 SAT in the near term.
Crypto analyst Professor Moriarty announced on X (formerly Twitter) that Litecoin ($LTC) is primed for a major breakout after forming a classic Bull Flag and breaking through a key resistance level. If LTC successfully retests and holds this level as support, it could gain strong momentum toward its next targets. Traders are advised to keep a close watch as a potential rally unfolds.
$LTC is ready to go to the moon! 📈
The #Litecoin chart formed a classic Bull Flag and just broke through resistance level, signaling a potential strong upside move.
If $LTC retests and holds that level as support, we could see strong momentum toward Target 1 and Target 2.… pic.twitter.com/IWH6XuAr3R
— Professor Moriarty (@Moriarty_web3) February 19, 2025
Litecoin Alternatives
Litecoin (LTC) must maintain its position above the 9-day and 21-day MAs, with a strong push above $140 confirming further upside. If volume continues to rise and buying pressure sustains, LTC could challenge $160 in the near term. Best Wallet is launching a new token, presenting an opportunity for investors to get in on the ground floor. The platform is designed to onboard billions of users into the crypto space, offering a user-friendly alternative to existing wallets. With features like early access to new projects, reduced transaction fees, staking opportunities, and community governance, Best Wallet is aiming to become a major player in the non-custodial wallet market. Currently, the presale has raised $10.2 million, indicating strong investor interest.
Best Wallet Token Presale – It’s Like Investing In Metamask
Investors can benefit from reduced transaction fees, exclusive early access to new projects, and high staking rewards, with an APY that rivals some of the most lucrative DeFi platforms. As more users adopt Best Wallet and its ecosystem expands, the token's value is set to rise, making
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- Ripple (XRP) Price Rallies As Whales Buy 150M XRP, Eyes $3 Target; DTX Exchange (DTX) VulcanX Blockchain Outperforms Top Exchanges
- Feb 22, 2025 at 10:50 am
- Ripple (XRP) shows positive movement after a breakout from an ascending triangle. Analysts say the altcoin could soar to $3 if the uptrend continues.
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- Bitcoin Cash (BCH) Faces an Uphill Battle as Litecoin (LTC) Basking in the Limelight of Exchange-Traded Funds (ETFs)
- Feb 22, 2025 at 10:50 am
- Amid the frenzied dance of cryptocurrencies, Bitcoin Cash (BCH) surged with the grace of a rollercoaster, rallying 6% before slipping back 4% to settle near $318 by week's end.