Litecoin’s Bullish Setup Revealed: Can LTC Rocket from $84 to $180?
- Litecoin maintains firm support near the $80–$85 range despite short-term market pressure.
- Analysts highlight a 7-year descending wedge that could signal a major bullish reversal.
- Price forecasts for 2025 suggest potential recovery toward the $167–$186 zone.
Litecoin (LTC) is currently trading at $84.48, marking a 0.84% decline over the past 24 hours, while its daily trading volume slipped 10.72% to $523.73 million. Over the last seven days, LTC mirrored this mild downturn, posting a 2.33% decrease, yet its price action continues to demonstrate notable resilience.
Market analysts point out that Litecoin’s current consolidation reflects broader caution across the digital asset landscape, with liquidity temporarily thinning and traders awaiting stronger directional cues. Despite this muted momentum, LTC continues to defend a key structural range that has historically acted as a springboard for recoveries.
Breakout Potential Above Descending Wedge Structure
According to Altcoin Piooners™, Litecoin is nearing what the analyst calls a “final test” inside a well-defined seven-year descending wedge on the three-week chart. LTC has tapped the lower trendline six consecutive times, a pattern seen as evidence of steady buy-side interest despite extremely low trading volume.
This long-term structure is presented as the foundation for a potential momentum shift if price can sustain strength above the wedge.
Several bullish signals are highlighted in support of that view. The MACD histogram is flattening, hinting at a possible transition in weekly momentum, while a multi-year bullish RSI divergence, dating back to 2022, continues to build.
At the same time, Litecoin has repeatedly absorbed sell-side pressure in the $80–$85 zone, an area the analyst refers to as “iron support” due to persistent wick rejections and consistent recovery from that range.
If LTC breaks upward from the wedge, the analyst outlines targets of $150–$180 in the short term, followed by a potential revisit to $260–$300 in 2026 and even $500–$600+ by 2027 in an extended cycle.
Still, they caution that a monthly close below $75 could flip the outlook bearish and expose downside toward $50. Broader context, such as Litecoin’s halving cycle and its Mimblewimble privacy upgrade, is noted as an ongoing influence on long-term market sentiment.
Also Read | Litecoin Hits $112 Peak, Can Momentum Drive Price Toward $125 Mark?
LTC Price Prediction for 2025
According to DigitalCoinPrice, Litecoin could approach or surpass $186.01 by the end of 2025 as part of a potential recovery phase. Analysts anticipate that LTC may eventually challenge its long-standing all-time high of $412.96, with interim consolidation expected in the $167.27–$186.01 range.
While market conditions remain mixed, current technical structures and long-term projections paint a cautiously constructive outlook for Litecoin as it navigates through the final stages of a multi-year compression pattern.
Also Read | Litecoin Surges 14% as ETF Buzz, Market Momentum Push LTC Toward $140
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