Litecoin (LTC) Price Prediction: Will LTC Breakout to New All-Time Highs?

Key Takeaways

Litecoin (LTC) has struggled in recent months after approaching its cycle high in February 2025.

The cryptocurrency has fallen by 15% since the start of the year.

However, it recently broke out, optimistically setting a target above $100.Let’s analyze a few charts and see if the Litecoin price rally will continue.

Litecoin Price Bounces

The weekly time frame analysis shows that Litecoin has been increasing inside an ascending parallel channel since 2022.

More recently, it bounced (green icon) at the trend line in April 2025, preventing a breakdown and triggering an increase toward its midline.

The channel’s midline also coincides with the $100 horizontal resistance area, rendering it a crucial level.

Litecoin’s trend can not be considered bullish until the price manages to pierce through this point.

Despite the nearly 40% price increase since the lows, technical indicators are still bearish.

The Relative Strength Index (RSI) is below 50, while the Moving Average Convergence/Divergence (MACD) is negative.

So, the weekly time frame does not confirm the trend’s direction yet.

Litecoin Breaks Out

The daily time frame Litecoin chart shows the price broke out from a descending resistance trend line after completing a five-wave decline (red).

If so, the LTC price has started an A-B-C corrective structure (green) and is currently in wave A.

The bullish RSI and MACD legitimize the breakout and the upward movement.

An ascending parallel channel contains the movement, a breakdown from which can trigger the start of wave B.

While the wave count suggests that LTC can reach the 0.5-0.618 Fibonacci resistance area at $102-$111, this will mark the top of the corrective increase.

So, the Litecoin price is currently increasing in a corrective rally and will not break out from its long-term resistance.

Litecoin to $100

The Litecoin price managed to prevent a breakdown by bouncing at a long-term ascending parallel channel.

While the short-term chart is bullish, it suggests that the current increase is a corrective rally.

Therefore, the LTC price will reach the $100-$110 resistance region, but a breakout is unlikely.