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$120–$125 Range In Bullish Crosshairs

2 months ago
in Bitcoin
Reading Time: 4 mins read
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Litecoin (LTC) is selecting up pace. The coin is now buying and selling at $116 after rising 20% during the last seven days. Commerce quantity has additionally jumped by 1.30%, hitting $1.27 billion.

Associated Studying

That’s a transparent signal of rising exercise. Over the previous week, LTC has surged by 24%, reaching a excessive of $119.21. For a lot of merchants watching the charts, momentum is beginning to construct once more.

Bulls Eye $125 As Momentum Builds

Crypto analyst Naveed mentioned Litecoin has damaged by way of a key resistance degree. In response to him, the worth “crammed the honest worth hole” and moved larger simply as predicted.

The subsequent goal now falls within the $120–$125 zone. That’s the extent many merchants are watching as a possible breakout level.

$LTC simply broke above a key degree simply as advised earlier than and is now flying at $118.26

– Value crammed the FVG and pushed HIGHER– Goal hit ✅

Subsequent goal: $120–$125 zone

Let’s see if bulls can hold it going https://t.co/ozGP3gVXA3 pic.twitter.com/PB59Jy832U

— Naveed (@navex_eth) July 21, 2025

The rising optimism isn’t nearly short-term strikes. Some analysts have projected that LTC may attain as excessive as $262 someday in 2025, even after a tough begin to the 12 months.

Their outlook features a rise to $140, adopted by a possible dip underneath $94 earlier than making a comeback. The long-term image features a shot on the earlier all-time excessive of $413, though that’s a steep climb from the place it’s now.

Naveed’s evaluation on X.

Litecoin Sentiment Turns Bullish

In the meantime, CoinCodex gave a extra conservative outlook. They count on LTC to rise by 15% and hit $134 by August 22, 2025. Their technical indicators present that the general sentiment is bullish. Additionally, the Concern & Greed Index is presently sitting at 74, which factors to excessive confidence—or greed—amongst traders.

LTC value prediction. Supply: CoinCodex

LTC has registered positive aspects on 19 of the earlier 30 buying and selling days. That’s roughly 60% of the time, with value fluctuations of almost 11%. It’s an indicator that Litecoin’s value goes up, but it surely’s not doing so in a linear movement. Traders are discovering area for appreciation however are conscious the market remains to be unstable.

Market Watching $140 After $125 Check

If LTC clears the $125 resistance, the trail towards $140 may open up. Loads of merchants agree this degree is necessary, not simply from a technical perspective but additionally due to rising market curiosity. Social chatter is rising, and buying and selling exercise is beginning to choose up throughout totally different crypto exchanges.

LTC is now buying and selling at $115. Chart: TradingView

Associated Studying

Nevertheless, not the whole lot is for certain. World markets are nonetheless reactive to things like rate of interest modifications, inflation experiences, or coverage modifications. Crypto regulation can be one thing which may shift sentiment very quickly. However Litecoin’s current resilience has allowed it to outshine altcoins throughout this month.

With $134 in sight and a attainable return to $262 in 2025, Litecoin is displaying indicators of life once more. Whether or not it could possibly maintain the rally will depend upon what occurs subsequent—particularly round that $125 line.

Featured picture from Unsplash, chart from TradingView





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Tags: BullishCrosshairsrange
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