Bitzo 2025-08-10 18:57:19

Litecoin Rallies Over 11% in a Week – Could LTC Hit $150 in the Next Bull Leg?

Litecoin’s sharp 11% weekly gain has put it back on traders’ radar, fueling speculation about whether the next bullish wave could carry LTC to $150. With solid short-term momentum and renewed market attention, Litecoin is positioning itself as a contender for bigger moves ahead. This analysis breaks down the key resistance levels, recent performance trends, and market dynamics that could determine its next breakout. Litecoin Shows Strong Growth Potential as Prices Surge Source: tradingview Litecoin is currently trading between around $104 and $117, enjoying a recent upswing. Over the last week, its price rose over 14%, and in a month, it jumped by over 28%. However, over six months, the change is less than 1%. It faces resistance at about $123 and support near $97. If it breaks the first resistance, it could climb to the next level around $136, which would mean a potential increase of roughly 17%. Litecoin's steady rise shows strong short-term growth potential, even though long-term movements are minimal now. Keep an eye on these levels as they will guide future price directions. Conclusion Litecoin’s recent upswing highlights its resilience and capacity for rapid gains when momentum shifts in its favor. If it can clear immediate resistance zones, a climb toward $150 in the next bull leg becomes a realistic target. Still, market volatility and broader sentiment will play decisive roles in the journey. For now, LTC remains a coin to watch closely, with price action that could set the tone for its mid-term trajectory. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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