LTC Bulls Target $135-$140 as Technical Breakout Gains Steam
Litecoin (LTC) is showing strong bullish signals despite a recent 8.33% pullback to $121.60, with analysts identifying a clear path toward the $135-$140 range. The cryptocurrency is currently trading above its 200-day moving average of $98.13, indicating underlying strength. Immediate resistance is noted at $134, but market consensus suggests this level could soon be breached. Forecast platforms are unusually aligned in their predictions, with Perplexity AI projecting an aggressive target range of $140-$145, while WalletInvestor offers a more conservative estimate of $111.14. As of August 2025, LTC's technical breakout appears to be gaining momentum, setting the stage for a potential rally toward higher price targets.
Litecoin Eyes $135-$140 Target as Technical Breakout Gains Momentum
Litecoin's 8.33% pullback to $121.60 masks underlying strength as analysts identify a clear path toward $135-$140. The cryptocurrency now trades above its 200-day moving average at $98.13, with immediate resistance looming at $134.
Market consensus reveals unusual alignment among forecast platforms. Perplexity AI projects the most aggressive target range of $140-$145, while WalletInvestor's conservative $111.142 estimate anchors the lower bound. Technical indicators suggest the current dip may offer strategic entry points before the next upward leg.
Litecoin Breaks $132 Amid Adoption Surge and ETF Speculation
Litecoin's price surged past $132.62, marking a decisive breakout from a three-year consolidation pattern. The 1.45% daily gain reflects growing market confidence, though technical indicators hint at near-term volatility.
Adoption metrics tell a compelling story. Litecoin now ranks as the second-most-used cryptocurrency for payments on CoinGate, commanding 14.5% of transactions. This real-world utility contrasts sharply with purely speculative assets.
Whale activity on August 8th fueled speculation about regulatory developments, with analysts pricing in a 95% chance of Litecoin ETF approval by 2025. The market appears to be betting on institutional validation.
Litecoin (LTC) Eyes $280 Surge Despite Current Market Weakness
Litecoin trades at $117.66, down 2.81% in 24 hours amid broader market turbulence. The silver to Bitcoin's Gold mirrors Ethereum's price patterns, with analysts spotting potential for a rally toward $220-$280 despite fragile technicals.
Derivatives markets show caution - trading volume plunged 42.57% while open interest declined 6.55%. 'The chart looks sloppy,' admits More crypto Online, yet maintains $280 remains a viable target. Ali Martinez notes LTC's eerie correlation with ETH's historical movements, suggesting history may repeat.