The post Litecoin Price Breaks $120—Springboard to $150 or Breakdown Ahead? appeared first on Coinpedia Fintech News
Litecoin (LTC) price is at a pivotal point, trading just above the crucial $120 support zone after a strong breakout in recent sessions. The price action reflects mounting bullish pressure, but the real test lies in whether this level can hold amid increasing resistance. A successful defense of $120 could act as a launchpad for a potential move toward the $135–$150 range in the days ahead. However, failure to maintain this support may trigger a short-term pullback.
As market sentiment intensifies, traders are watching closely—will Litecoin break through and continue its rally, or is a cooldown phase imminent?
Since the start of the year, attention has shifted back to Litecoin, which is confirmed by the fact that nearly 12% of all transactions since inception have occurred in 2025. After a prolonged consolidation, the LTC price cleared the threshold at $114 and surpassed $120 support. One of the main reasons could be SEC ETF approval odds for Litecoin jumped to 95%, which prompted the traders to position themselves early.
Can Litecoin Price Smash Through $140?
Currently LTC price is stuck within a symmetrical triangle in the long term, and hence, a breakout could clear a strong resistance at $140. The chart patterns and indicators suggest an upcoming breakout; however, the token may encounter significant obstacles in reaching $150, which could alter the Litecoin price rally.
As seen in the above chart, the token is testing the resistance of the decisive symmetrical triangle. It faced consequent rejections in the first few weeks of 2025 after reaching the resistance, and hence, the current breakout could ease the bearish hold over the token. The RSI is incremental and appears to be primed to enter the overbought zone. With this, the price could remain elevated and hit the Supertrend at $128.92. Once the price surpasses this level, the supertrend is expected to flip bullish, marking the beginning of a fresh bullish wave.
Will Litecoin (LTC) Price Reach $500 in 2025?
Technically, Litecoin could be subjected to an extended consolidation if it fails to break the pattern mentioned above. After 2021, the volume on the platform has seen substantial growth, suggesting a huge rise in the traders’ participation. Litecoin bull run’s potential catalysts in 2025 include the pending spot ETF approvals, the LitVM layer-2 upgrade that expands smart contract capabilities, continued corporate treasury adoption, and steady transaction growth surpassing 300 million with record hashrates.
If regulatory tailwinds falter or macro pressures intensify, Litecoin price could undergo a range-bound consolidation or pullback. However, long-term targets are stretched much higher this year, ranging from $220 to $250 or $300 at the higher side, but $500 seems to be unrealistic considering the current market conditions. However, it is still possible if the Altseason kicks off and extends beyond 2025.