
With renewed market optimism and a halving event on the horizon, traders and analysts are watching closely for a possible rally toward the $130 mark—a level not seen since 2021.
Strong Momentum as LTC Breaks Key Resistance Levels
Litecoin has gained over 60% since its April lows, outperforming many large-cap altcoins. It recently reclaimed the $80 and $90 levels, with multiple attempts to breach the psychological $100 barrier. The recent price surge coincides with a broader market recovery, particularly fueled by Bitcoin’s rise above $100,000.
Litecoin (LTC) has already broken the 200-EMA resistance in the 12-hour timeframe. Source: Budwormy0809 on TradingView
As of now, Litecoin price today is hovering around $96.68, reflecting a slight pullback after touching $107 earlier this month. The altcoin briefly surged to $102 before retreating, suggesting strong resistance in that zone. Still, the current Litecoin trading volume and technical structure indicate a possible continuation of the uptrend.
Bullish Flag Formation Could Fuel Breakout
According to well-known analyst Carl Moon, Litecoin is currently forming a bullish flag—a classic continuation pattern. “Litecoin is about to pump,” Carl said during a recent segment on The Moon Show. He emphasized that a breakout above the upper resistance line of the flag could lead LTC toward the $117.5 level, marking the first such rally since early March.
Litecoin is showing strong bullish momentum, with a breakout from its flag pattern increasingly likely following a rebound from support. Source: Carl Moon via X
The pattern has shown consistency, with LTC bouncing off support at $92 and testing the upper band again. A breakout from this zone, analysts suggest, could result in a Litecoin price breakout that sets the stage for a move to $130.
Monthly Close Above Key Resistance Could Unlock $130 Target
Technical analysts on TradingView note that Litecoin is approaching a critical juncture. A monthly close above its 200-day moving average could confirm a breakout and open the door for a significant rally.
Litecoin (LTC) has broken out of its bull flag and is trading above the 200-day SMA, with a long-position target set at $130. Source: Mr_uponly on TradingView
“The 200 MA has historically acted as a ceiling,” noted one analyst. “But now that Litecoin has consistently rebounded from an ascending trendline, the weakening resistance increases the probability of a breakout.”
Should this scenario unfold, the LTC price prediction would align with a target of $130—provided the breakout is confirmed and followed by a successful retest.
Litecoin Halving Still a Bullish Catalyst
The upcoming Litecoin halving cycle, scheduled for early 2026, remains one of the biggest bullish arguments for long-term investors. The halving will reduce the block reward from 12.5 LTC to 6.25 LTC, effectively cutting the new supply in half. Historically, these events have preceded substantial price rallies as the available supply tightens.
Litecoin’s next halving is projected for July 27, 2027, reducing rewards from 6.25 to 3.125 LTC per block, reinforcing long-term supply scarcity. Source: Litecoin Insider via X
Market watchers argue that the halving, combined with increasing investor attention and favorable technical indicators, could continue driving the future of Litecoin upward. “The $80–$90 range has acted as solid support,” notes a recent report. “We expect upside movement toward $120–$150 post-halving.”
Diverging Forecasts Add to Uncertainty
Price projections for LTC vary significantly. According to Litecoin forecast data, platforms like Changelly predict highs of $208 in 2026, while others like CoinCodex remain more conservative with a $105 target. This reflects the mixed sentiment in the market.
Litecoin (LTC) was trading at around $96.68, down 2.55% in the last 24 hours at press time. Source: Brave New Coin
However, current indicators show a strong Litecoin technical analysis stance, with buying pressure building and key resistance levels being challenged. The Litecoin market cap remains solidly within the top 20 cryptos, reinforcing its resilience despite increasing competition.
Final Thoughts: Is Litecoin a Good Investment?
With bullish patterns forming, a significant halving event on the horizon, and strong support levels holding firm, many traders view Litecoin as a high-potential asset in the current cycle. That said, the final leg of a breakout requires a confirmed move above $100 and a monthly close above key resistance levels.
While Litecoin vs Bitcoin comparisons often highlight its lower market cap and faster Litecoin transaction speed, Litecoin’s longevity and consistent network performance remain strong advantages.
For those watching closely, a decisive move in the coming weeks could answer the question: Is Litecoin a good investment? For now, the charts suggest the bulls are preparing for a move—potentially all the way to $130.