Litecoin rises 15% weekly to $120. Analysts see breakout potential, with targets at $354 and better if momentum and key ranges maintain.
Litecoin (LTC) traded at round $120 at press time, displaying an 8% acquire over the previous 24 hours and a 15% improve throughout the week.
Consequently, the transfer has drawn consideration from analysts who see the opportunity of additional positive factors if key ranges maintain.
Analyst Eyes $354 as First Goal
Crypto analyst Javon Marks famous that Litecoin’s chart is displaying a construction just like its earlier breakout runs. He recognized $354 as a primary goal, practically 3 times larger than present ranges.
His evaluation highlights Litecoin’s historical past of breaking out of descending trendlines after intervals of accumulation. The present setup reveals rising assist and strengthening momentum. “$LTC seems borderline able to surge right here,” Marks said, including {that a} additional extension may level towards $842.68, a degree consistent with previous large-scale rallies.
Lengthy-Time period 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 part of the celebration 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 may set Litecoin up for a bigger rally. Faibik’s chart tasks a possible transfer to $648, greater than 5 occasions above present ranges. He said, “$LTC will be part of the celebration quickly, accumulate it earlier than it’s too late,” pointing to the compression nearing its apex as a doable set off.
Every day and Intraday Perspective
Based on 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 may assist a fast rally towards $140 and above. The analyst famous that Litecoin is buying and selling above $112 assist, a degree that is still constructive except Bitcoin shifts the broader market development.
On the intraday view, LTC has moved over $115.50. CRYPTOWZRD explained {that a} pullback and rebound from this degree may present one other entry level. Holding above it could result in sideways motion earlier than the following try larger.
As well as, momentum instruments again the present energy. The MACD line is properly above the sign line with a rising constructive histogram, displaying that patrons are driving the transfer.
The RSI stands at 84, in overbought territory. Whereas this confirms sturdy demand, it additionally suggests {that a} short-term pause or consolidation may comply with after the sharp rise.
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