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Bullish Patterns Emerge in LTC, POL & CFX Prices as Crypto Market Consolidates—Is a Rally Brewing?

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By on August 7, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bullish Patterns Emerge in LTC, POL & CFX Prices as Crypto Market Consolidates—Is a Rally Brewing? appeared first on Coinpedia Fintech News

While the broader crypto market remains trapped in a tight consolidation range, select altcoins like Litecoin price, MATIC (now POL), and Conflux are beginning to show signs of bullish momentum. These tokens are forming technically significant patterns, such as ascending triangles, bullish flags, and trendline breakouts, all pointing to potential upside moves if key resistance levels are breached. With Bitcoin and Ethereum lacking direction, traders are rotating into mid-cap assets showing relative strength. 

Will these altcoins trigger a fresh leg up or fade with market indecision?

Litecoin (LTC) Price Poised for a 25% Breakout

Litecoin has gained immense attention since July, which has helped the price to rise over 60% to reach above $120. Despite the rise, the price remained stuck, indicating a drop in the selling pressure. Following this, the LTC price is believed to maintain a consistent upswing throughout the week, while the crucial barrier to clear remains around $140. 

As seen in the above chart, the 50/200 MAs have undergone a bullish crossover, called the Golden Cross. this has helped the token to sustain around the upper resistance of the rising parallel channel. Previously, when the crossover occurred, the LTC price maintained a strong upswing and if it repeats, it could break above the pattern and mark fresh yearly highs above $160. 

POL (prev. MATIC) Price Enters a Bullish Range

The POL price appears to have reached the end of the consolidation that it held since the beginning of Q2, 2025. Although the token has not yet given any bullish confirmation, it has been forming bullish structures, which point towards a validation in the coming days. Moreover, the rise in the volume hints towards a rise in the volatility, which may further offer a strong push. 

After the latest rebound, the POL price has entered a decisive phase wherein the 50-day & 200-day MAs are serving as crucial support and resistance. Despite a drop in volume, it has been favoring the bulls. Besides, the MACD is about to turn bullish. Therefore, the MATIC price is believed to clear the immediate targets at $0.28 & $0.33 which could validate a rise from the bearish influence. 

Conflux (CFX) Price May Reach $0.3 in August

Conflux price experienced a sudden rise in July, which propelled the price by more than 100% in a single day. Although the bears tried to extract profit, the strength of the bulls triggered an immediate recovery above $0.2. Currently, the CFX price is trading within a bullish pattern; however, it would be interesting to witness how the breakout could unfold. 

The CFX price has been trying hard to break above the multi-year descending parallel channel. Despite the failed attempts in the past, the token has been sustained around the resistance for over a couple of weeks, which hints towards an incoming breakout. Moreover, the price has turned bullish and is testing the upper resistance of the Gaussian channel. Once the price breaks above, the channel is also expected to turn bullish, which may further push the price higher. 

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