Litecoin (LTC) Up 15% Weekly, Analyst Predicts Rally to $354
Litecoin (LTC) traded at round $120 at press time, displaying an 8% achieve over the previous 24 hours and a 15% enhance throughout the week.
Consequently, the transfer has drawn consideration from analysts who see the opportunity of additional beneficial properties if key ranges maintain.
Analyst Eyes $354 as First Target
Crypto analyst Javon Marks famous that Litecoin’s chart is displaying a construction comparable to its earlier breakout runs. He recognized $354 as a primary goal, almost thrice larger than present ranges.
His evaluation highlights Litecoin’s historical past of breaking out of descending trendlines after durations of accumulation. The present setup reveals rising help and strengthening momentum. “$LTC appears to be like borderline prepared to surge right here,” Marks said, including {that a} additional extension might level towards $842.68, a degree according to previous large-scale rallies.
Long-Term Triangle Formation
Analyst Captain Faibik examined Litecoin on the weekly timeframe, the place the worth has been consolidating inside a symmetrical triangle since 2018. The sample is outlined by decrease highs and better lows, with the asset now approaching the higher boundary of resistance.
$LTC #Litecoin will be a part of the social gathering quickly, Accumulate it earlier than it’s too late..
pic.twitter.com/gc0VtMoKDE
— Captain Faibik
(@CryptoFaibik) October 2, 2025
A confirmed breakout above this construction might set Litecoin up for a bigger rally. Faibik’s chart initiatives a possible transfer to $648, greater than 5 instances above present ranges. He said, “$LTC will be a part of the social gathering quickly, accumulate it earlier than it’s too late,” pointing to the compression nearing its apex as a doable set off.
Daily and Intraday Perspective
According to CRYPTOWZRD, Litecoin’s each day candle closed bullish, whereas LTCBTC is engaged on a breakout from a falling wedge formation. A breakout from this setup might help a fast rally towards $140 and above. The analyst famous that Litecoin is buying and selling above $112 help, a degree that continues to be constructive until Bitcoin shifts the broader market pattern.
On the intraday view, LTC has moved over $115.50. CRYPTOWZRD explained {that a} pullback and rebound from this degree might present one other entry level. Holding above it could lead to sideways motion earlier than the following try larger.
In addition, momentum instruments again the present energy. The MACD line is nicely above the sign line with a rising constructive histogram, displaying that consumers are driving the transfer.
The RSI stands at 84, in overbought territory. While this confirms robust demand, it additionally suggests {that a} short-term pause or consolidation might comply with after the sharp rise.
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