Litecoin (LTC) Price Prediction: Litecoin Bulls Eye $165 Breakout as Long-Term Trendline Turns Supportive

Litecoin (LTC), often referred to as the “silver to Bitcoin’s gold,” is drawing significant attention from traders and analysts alike, thanks to a powerful convergence of technical and fundamental signals.

Currently trading above $111, Litecoin is forming a large symmetrical triangle that has been developing since 2018. Analysts suggest that a decisive breakout above the $165 resistance line could ignite a strong bullish run—possibly propelling the Litecoin price toward $225, $325, or even $500 during an extended bull cycle.

This seven-year triangle structure has formed a consistent price channel, with support around $85. According to multiple technical analysts, the triangle’s breakout could serve as confirmation of a bullish continuation. On the downside, failure to hold support might lead to a correction as deep as $61. However, the overall Litecoin outlook remains optimistic, supported by strong network fundamentals and increasing institutional interest.

Technical Indicators Reflect Growing Bullish Momentum

Short-term charts also bolster the positive Litecoin prediction. The Relative Strength Index (RSI) is at 60–64, reflecting strengthening upward momentum without reaching overbought levels. Moreover, the Moving Average Convergence Divergence (MACD) recently showed a bullish crossover, hinting at a trend continuation potential.

Litecoin is likely nearing the end of its correction, with momentum expected to shift upward in August following a shakeout of over-leveraged positions. Source: Bitgolder on TradingView

Litecoin has rebounded from recent intraday lows of $108, with buyers appearing near $110 and resistance building around $112.50. A move above the $113–$115 resistance zone could activate a near-term rally towards $120 and possibly more. Volume is the key watchpoint here—further trading activity above these levels is necessary in order to avoid retracement towards lower support levels like $109 or even $95.

The broader technical landscape is supported by long-term support from the 50-day and 200-day moving averages that Litecoin continues to trade above. These averages not only act as safety nets for bulls but also amplify market confidence.

Market Sentiment and Macro Environment Support Higher Prices

The overall crypto market has stabilized above $3.8 trillion, setting the grounds for the top altcoins like Litecoin to shine. Assuming LTC can hold a close above $112, analysts are looking for a test of the $132.63 resistance area—a level not visited in years. This may open the door to higher targets, particularly if Bitcoin continues its upward momentum.

Litecoin (LTC) continues to respect its long-term uptrend, reinforcing the strength of its 2020 support trendline. Source : The Boss Via X

Historically, Litecoin has been a high-beta asset in bull markets, outperforming once momentum is in place. The long-term trendline, in place since 2020, offers a structural basis for the Litecoin price forecast Analyst “The Boss” emphasizes that as long as LTC respects this channel, a bullish outlook remains intact.

Risks Remain but Structure Supports Growth

Despite the strong setup, analysts caution that a break below the $105–$100 zone could invalidate the bullish case, potentially triggering deeper corrections toward $92 or even $88. Such a move would also breach the 21-day Simple Moving Average (SMA), which is currently hovering near $101, weakening the immediate Litecoin prediction.

Litecoin was trading at around $114.83 up 1.22% in the last 24 hours at press time. Source : Brave New Coin

At press time, Litecoin (LTC) is trading around $114, with intraday lows near $112 and resistance forming just below $115. As long as LTC holds above the $105 level and maintains support from the 21-day SMA, the broader technical structure remains intact, and bullish continuation remains on the table.

Final Outlook

As of now, Litecoin price today stands at about $113, with resistance just under $115. A confirmed break out of the symmetrical triangle above $165 would be a significant technical accomplishment and could be the spur to bring in a new bull run. With interest returning from both retail and institutional investors, the long-awaited push to higher price levels may finally be upon us.

For traders and investors asking how to purchase Litecoin, the environment today presents both promise and warning. With a strongly supported Litecoin wallet application, increasing integration, and a dedicated user base, the project remains relevant in the changing crypto landscape.

As the Litecoin chart edges into its breakout zone, the weeks ahead could determine whether this veteran asset will reclaim its role as a market leader—or fall prey to another consolidation phase.