Litecoin price forecast: tracking LTC’s bullish technical setup
The post Litecoin price forecast: tracking LTC’s bullish technical setup appeared on BitcoinEthereumNews.com.
Litecoin is forming bullish flag and pennant patterns, signalling a bullish breakout. Price targets range from $108 to $153 after the imminent breakout. Large holders and strong volume back the projected LTC’s upward momentum. Litecoin (LTC) is once again in the spotlight as bullish technical formations point to the potential for significant upside movement. The cryptocurrency is currently navigating a critical phase, marked by a series of strong technical patterns and robust on-chain data that suggest an optimistic outlook. LTC price technical analysis At the time of writing, Litecoin trades around $97.45, maintaining stability while exhibiting subtle signs of bullish momentum. Technical analysis identifies a bull flag pattern forming near this price range, signalling a potential continuation of Litecoin’s upward trajectory. A bull flag is a well-known technical continuation signal that appears after a strong price rally, followed by a brief consolidation phase within a downward-sloping channel. LTC’s flag formation around the $95 level reflects a healthy cooldown, which is often necessary before a breakout occurs. Volume during this consolidation has been declining, which aligns with typical bull flag behaviour and suggests a stronger breakout may soon follow. Analyst CW8900 projects that if this flag resolves to the upside, Litecoin could aim for a price target of $136, indicating nearly a 40% rally from current levels. $LTC is forming a bull flag pattern. The rally will resume as it breaks through this pattern. The next target according to the pattern is around $136, which is similar to the previous high. pic.twitter.com/LSgX70DgZt — CW (@CW8900) May 27, 2025 Adding weight to the bullish outlook is Litecoin’s performance on the 4-day chart, which shows the asset breaking free from earlier range-bound movement and forming a clear ascending trend. The new support zone between $96 and $97 has been holding firm, helping to…
Filed under: News - @ May 29, 2025 6:24 pm