Litecoin Price Prediction: Will LTC Price Trigger a 50% Rise in May 2025 After an 11% Rise?

Litecoin’s price has shown great strength since the beginning of the second quarter of the year. The recovery has been highlighting the growing strength of the bulls, which suggests a larger price action could be in place.

The FOMC rates are ongoing, and the markets have started reacting positively, as they usually do before the announcement. Bitcoin price rose above $97,000, while the LTC price is trading above $90.

However, the question is whether the bulls will manage to hold onto the gains above $100 or face rejection and return to their initial levels. The central bank is anticipating the rates to remain unchanged at 4.25% to 4.5%, and the Fed Chair Jerome Powell’s remarks are expected to have a significant impact on the markets.

As the token recovered from the tariff-induced crash at $63, it indicates a prolonged ascending trend after the token transformed the resistance at $80 into a strong support. Furthermore, the price has now crossed the 50-day MA at $83.48 and appears poised to reach the 200-day MA at $112 shortly.

The long-term price action of Litecoin is displaying a strong bullish trend, particularly after the token's recovery from $63. Additionally, the token is on the verge of experiencing its first-ever weekly Golden Cross, which is anticipated to provide a powerful bullish momentum. To achieve this crossover, the token is expected to maintain a consolidated ascending trend and break above the average bands of the rising parallel channel, which is currently around $96. In the meantime, these well-known indicators have also turned bullish, hinting towards the price being at the beginning stages of a large-scale explosion.

The weekly MACD suggests a decline in selling pressure, and the levels are approaching a bullish crossover. Conversely, the RSI has recovered and is about to rise above the average range. Once the RSI also shows a bullish crossover, the Litecoin price is expected to surge past $100 and secure the crucial resistance levels at $105. If the price manages to stay above this range throughout the month, an increase in buying pressure could propel the price to break through the channel and set the stage for a vigorous bull run toward a new all-time high.