Litecoin (LTC) Breakout Is Here and the Indicators Are Screaming Buy

Litecoin has finally broken out of its consolidation pattern, and this chart shows it could be ready for the next leg up.

Litecoin (LTC) has finally broken out again, and this chart shows it could be ready for the next leg up. A new chart shared by @CryptoKartha on X shows what looks like a strong breakout for Litecoin (LTC). According to him, the LTC price has already broken out of a bullish flag formation on the 4-hour chart and is now retesting that breakout level.

If this retest holds successfully, we could be looking at a quick 20 to 30% spike in the short term. His chart suggests a potential move from around $101 to just above $123, which represents a clean 22% gain.

This pattern is significant because flag breakouts often act as continuation signals. The fact that Litecoin has exited the downward-sloping flag and is now consolidating above it shows strength. And if volume and momentum support this move, the breakout could turn into a strong rally.

Key Indicators Show Bullish Momentum for Litecoin Price

Most of the main trading indicators are aligning in support of this upward move. Below is a breakdown of current readings and what they tell us about the Litecoin chart:

These readings mostly support a bullish bias. Although the Rate of Change (ROC) shows a tiny negative value, it doesn’ edges out the buy signals from the other indicators. Momentum remains with the bulls.

Moving Averages Back Up the Bullish Case

Moving averages offer more confirmation that Litecoin is in a strong technical position. The 50-day, 100-day, and 200-day moving averages are all flashing buy signals. Specifically, the LTC price is now above those key long-term averages, which usually indicates strong underlying strength and trend continuation. The only lagging signals are the 20-day moving averages, which are just slightly above or around current price levels, still catching up with the latest move.

In short, the longer-term momentum for LTC price is firmly upward. The fact that the LTC price is comfortably above the 100-day and 200-day marks is especially encouraging for swing traders and medium-term investors.

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Final Verdict: Litecoin Price Looks Ready to Run

Everything is aligning nicely for Litecoin at the moment. The breakout from the bull flag is textbook. The retest is holding. Momentum indicators are turning bullish. And key moving averages are supporting the rally.

If @CryptoKartha’s chart plays out as expected, then the next few days could see LTC price hit $123 or more. A 20 to 30 percent rally is well within reach if market sentiment stays steady.

As always, this isn’t financial advice, but from a chart and technical perspective, Litecoin is clearly looking strong again.

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