LTC Price Prediction: Can Litecoin Sustain Its Rally Above $100?

#LTC

• Technical Strength: LTC trades above 20-day MA with MACD convergence signaling bullish momentum.
• Market Sentiment: Record open interest and whale activity fuel optimism for $120+ targets.
• Key Levels: $103.52 (Bollinger upper band) and $125 are critical resistance zones.

LTC Price Prediction

LTC Technical Analysis: Bullish Signals Emerge

According to BTCC financial analyst Robert, Litecoin (LTC) is currently trading at $102.38, above its 20-day moving average (MA) of $92.17, indicating a bullish trend. The MACD (12,26,9) shows a negative value but is converging, suggesting potential upward momentum. Bollinger Bands reveal the price is near the upper band at $103.52, which could act as resistance. Robert notes that a sustained break above this level may push LTC toward $120.

Litecoin Market Sentiment: Record Open Interest Fuels Rally Hopes

BTCC financial analyst Robert highlights that Litecoin's surge past $100, coupled with a record open interest of $761 million, reflects strong market optimism. News headlines suggest whale activity and bullish breakouts, with LTC peaking at $112 recently. Robert cautions that while momentum is strong, traders should watch for resistance NEAR $125.

Factors Influencing LTC’s Price

Litecoin Breaks $100 as Open Interest Hits Record $761M, Signaling Potential Rally

Litecoin surged past the $100 resistance level, closing at $104.95 on July 18, 2025, marking a significant milestone after weeks of consolidation between $82 and $96. The breakout reflects strong buying pressure and a bullish shift in market sentiment.

Open interest in Litecoin futures reached a record $761 million, underscoring growing institutional and retail participation. Technical analysis suggests the cryptocurrency has cleared the key Fibonacci retracement level at $100.32, with next resistance points at $107.60 and $112.25. Analysts project a potential rally toward $130 if momentum sustains.

The surge coincides with broader altcoin season gains, though short-term pullbacks remain likely. Market participants are watching whether Litecoin can maintain its position above the psychologically important $100 level as a confirmation of continued upward trajectory.

Litecoin Price Eyeing Ultra Bullish Breakout As Whale Interests Peak

Litecoin's long-term prospects are gaining attention following a strategic move by MEI Pharma, a Nasdaq-listed pharmaceutical company. The firm has allocated $100 million to add Litecoin to its corporate treasury, marking a significant milestone for the cryptocurrency. Titan Partners Group and crypto investment firm GSR are backing the initiative, with the Litecoin Foundation also participating as an investor.

The announcement, made on July 18, underscores Litecoin's growing institutional appeal. MEI Pharma's decision aligns with broader trends of cryptocurrency integration into corporate finance. Notably, Litecoin creator Charlie Lee has joined the company's Board of Directors, further solidifying the partnership.

This development positions Litecoin alongside other top altcoins like Ethereum and XRP, which are already embedded in various corporate treasuries. The $100 million commitment highlights institutional confidence in Litecoin's value proposition and long-term potential.

Litecoin Hits $112 Peak, Can Momentum Drive Price Toward $125 Mark?

Litecoin surged past $100 for the first time in nearly two months, reaching a peak of $112 amid renewed bullish momentum. Open Interest hit a record $761 million, signaling strong investor confidence and heightened market activity.

The cryptocurrency now faces a critical resistance level at $110, where sell orders have accumulated. Analysts note this barrier combines psychological and technical factors, with profit-taking currently capping further gains. A decisive breakout could propel LTC toward $125 and potentially $140 targets.

Trading at $104 on Friday, Litecoin's recovery follows an extended consolidation period. The price action aligns with strengthening technical indicators across timeframes, suggesting sustained upward potential if key levels are breached.

Litecoin Sets New Open Interest Record Worth $761,000,000, LTC To $120?

Litecoin's open interest has surged to a record $761 million, signaling heightened trader confidence. The cryptocurrency, now ranked 21st by market cap at $7.6 billion, shows bullish momentum as it breaks key resistance levels.

Over 50% of LTC addresses are now in profit—a critical psychological threshold that historically precedes price rallies. Analysts project a potential climb to $120, citing growing futures market activity and improving network fundamentals.

The 6.7% daily increase in open interest represents 7.63 million LTC committed to futures contracts. Such liquidity influx typically correlates with sustained price movements, though volatility remains likely during consolidation periods.

Will LTC Price Hit 100?

LTC has already surpassed $100, trading at $102.38 as of July 20, 2025. Key technical and sentiment drivers include:

Robert states that record open interest ($761M) and whale activity suggest further upside potential, but $125 remains a key test.