Litecoin (LTC) Price Prediction: Can LTC Break $100 and Rally Beyond in May?

Litecoin, often dubbed the “silver to Bitcoin’s gold,” has seen a stealthy recovery in the past few weeks, climbing from the low $70s to nearly $86.

Litecoin (LTC) has been steadily recovering in recent weeks, climbing from the low $70s to nearly $86 as of Monday morning. While the broader crypto market remains somewhat sluggish, Litecoin’s technical setup suggests that it might be setting the stage for a larger move.

After a chaotic 2023, which saw a wild March rally followed by April’s consolidation, things are beginning to heat up again in May. With several key technical events unfolding, and a broader narrative of rising smart money interest, can Litecoin finally break $100 and spark a sustained rally?

Let’s break down the daily and hourly charts, and run some predictive numbers.

What the Litecoin Price Charts Are Showing

The daily chart shows that LTC is now trading above the 20-day and 50-day simple moving averages (SMA), currently at $84.59. These levels now provide support for any minor pullbacks.

However, the coin is still encountering resistance from the 100-day and 200-day SMAs, which are converging around $99.79 and $98.17, respectively. A breakout above these SMA could be crucial for setting the stage for a stronger bullish run.

Meanwhile, the hourly chart reveals that Litecoin price action has been tightening, forming a classic consolidation range as it oscillates between the short-term moving averages. Notably, LTC just bounced off its hourly 200 SMA, indicating that buyers are stepping in.

The Accumulation/Distribution Line on both charts has been steadily trending upward, a strong signal that institutional and smart money is entering at these price ranges in a big way. This is especially evident as the ADL Line rises despite recent volume dips.

Is a Golden Cross Coming?

Looking at the MA ribbon, we’re getting close to a potential golden cross (where the 50-day SMA crosses above the 200-day SMA).

Historically, this crossover has triggered 20–30% rallies for Litecoin in previous cycles. If the current trajectory holds, and LTC closes above $90 within the next seven days, this could align the perfect storm for a bullish breakout.

Short-Term Price Projection (7–14 Days)

Given the current bullish structure and moving average support, the projected range for Litecoin in the next two weeks looks like this:

Downside: If there’s a strong rejection at $90, and we see a return to the 20-day MA, setting the stage for a retest of $83–$82.

Upside: If the 100-day MA provides support, and we see a break above $95, setting the stage for a test of $99–$104.

Long-Term Price Projection (1–3 Months)

If breaks above $100, and sees even modest inflows, it could challenge $115–$120 by May.

After breaking long-term resistance, LTC usually rallies 20–35% within 30 days.

Hypothetical ROI:If you invest $1,000 at $85 and LTC hits $120, you’re looking at: 41% to 47% gains.

What Traders Should Watch

Set price alerts at $88 and $100, as these are immediate resistance zones. A flip of these levels into support could be key for a sustained rally.

Although meme coins often grab the headlines, Litecoin’s technical setup suggests that it’s poised for a noteworthy move. With market conditions remaining favorable, May could very well be the breakout month for LTC.