LTC Technical Patterns Mirror 2017 Bull Run: Is a 1000%+ Rally Imminent?

Litecoin's monthly chart is exhibiting striking similarities to its pre-bull market setup from 2017, reigniting bullish sentiment among traders. The Average Directional Index (ADX) has bounced off the critical 20 level, a technical signal that historically precedes strong trend beginnings. This pattern mirrors the conditions seen before LTC's monumental 1000%+ rally seven years ago, suggesting the potential for another significant upward movement. Currently, Litecoin has been compressing within a symmetrical triangle pattern since its 2021 peak, with price action now testing upper resistance levels. Analysts are closely watching this development, as a breakout could signal the start of a new bull cycle for the cryptocurrency. The symmetrical triangle, a continuation pattern, often resolves in the direction of the prior trend, which in Litecoin's case was upward before the consolidation began. The ADX's behavior is particularly noteworthy, as it measures trend strength without regard to direction, and a rise from the 20 level typically indicates the emergence of a strong trend. Market participants are drawing parallels between the current setup and the 2017 scenario, where similar technical formations preceded Litecoin's explosive growth. While past performance doesn't guarantee future results, the recurrence of these technical indicators has many in the crypto community optimistic about Litecoin's prospects. As of July 2025, the cryptocurrency market remains watchful for confirmation of a breakout, which could potentially usher in a new era of growth for LTC. The coming weeks will be crucial in determining whether history will indeed repeat itself for this established altcoin.

Litecoin Technical Patterns Echo 2017 Bull Run Setup

Litecoin's monthly chart shows striking similarities to its pre-bull market setup from 2017, with the Average Directional Index bouncing off the critical 20 level. This technical signal historically precedes strong trend beginnings, mirroring conditions before LTC's 1000%+ rally seven years ago.

The cryptocurrency has compressed within a symmetrical triangle pattern since its 2021 peak, with current price action testing upper resistance near $110. A decisive break above $130 would confirm pattern completion, potentially triggering accelerated upside momentum.

Notably, the +DI directional indicator shows strengthening momentum by rebounding off the ADX line - behavior last seen during early stages of Litecoin's historic 2017 advance. This contrasts with the 2020 cycle when subdued ADX readings produced only shallow, short-lived rallies.

PayPal Launches 'Pay with Crypto' Feature, Cuts Cross-Border Fees by 90%

PayPal has introduced a groundbreaking feature called 'Pay with Crypto,' enabling global merchants to accept over 100 cryptocurrencies. The MOVE signals the company's deepening commitment to the digital asset economy, with its stock rising on the announcement.

The service integrates major platforms like Coinbase, Kraken, and MetaMask, allowing users to convert crypto assets into stablecoins or fiat currencies. This aims to streamline checkout processes and reduce complexity for both consumers and businesses.

PayPal targets the billions lost annually to inefficient cross-border transactions, claiming its new offering can slash fees by up to 90%. 'Businesses of all sizes are tired of navigating outdated systems for international payments,' said Alex Chriss, PayPal's CEO.

Litecoin ETF Delay: Why Has the SEC Hit Pause on Grayscale’s Proposal?

The U.S. Securities and Exchange Commission has deferred its decision on Grayscale's proposed Litecoin ETF, pushing the deadline to October 2025. The move underscores the regulator's cautious approach toward cryptocurrency investment vehicles, despite growing institutional interest.

Litecoin, often regarded as a silver to Bitcoin's gold, now faces prolonged uncertainty as market participants await regulatory clarity. The delay reflects broader hesitancy by U.S. authorities to greenlight crypto ETFs beyond Bitcoin and ethereum products.