Litecoin’s Next Stop: $100? Bitcoin’s 120,000% Rally Fuels the Fire
Litecoin's price is heating up—and traders are eyeing triple digits as Bitcoin's historic run sets the stage.
Could LTC be the next altcoin to explode? Here's why the charts suggest it's not just hopium.
When Bitcoin moons, alts often follow. Litecoin's tight correlation with BTC makes it a leveraged bet on crypto's momentum—without the Wall Street bag-holders' usual theatrics.
One rule remains: In crypto, greed moves faster than fundamentals. Buckle up.
- Litecoin’s surge is strongly linked to Bitcoin’s rally, with LTC mirroring 88% of Bitcoin’s price movements recently.
- With MACD signaling positive momentum and an overbought RSI, Litecoin shows potential for further upward movement.
- Litecoin’s 2025 forecast ranges from $206.51 to $340.58, highlighting its growth potential despite current market volatility.
Litecoin (LTC) is also currently skyrocketing, as, in the first place, it was strongly affected by the historic increase in Bitcoin, which exceeded the mark of $118,000. The rally came after US President Donald Trump took to Truth Social and asked the Federal Reserve to reduce interest rates. On-chain indicators are pointing to the fact that appreciation of Litecoin has been directly correlated with the price momentum of Bitcoin.
The latest data by IntoTheBlock shows LTC currently bears the strongest correlation to Bitcoin among the larger altcoins, with a 30-day rolling correlation at 0.88. Comparatively, the correlation of chainlink rests at 0.78, whereas it is 0.72 with Ethereum. This indicates that Litecoin (LTC) shows strong growth potential, driven by Bitcoin’s rally. With a 2025 price forecast of $340, LTC’s future looks promising despite overbought signals, which have replicated 88% of the movements in the Bitcoin prices in the last month.
Source: IntoTheBlock
Litecoin’s Bullish Momentum: Is $100 Next?
If Bitcoin keeps boiling up to the projection of $120,000, it is possible that LTC will follow. The correlation ratio helps one understand that LTC may be around $100 under the assumption that the trend and sentiment will remain solid.
Positive momentum is also indicated by the MACD (Moving Average Convergence Divergence) indicator. The signal line (orange) is below the MACD line (blue), and this means that the bulls are in charge. The histogram is also green, which is an indication that the market sentiment is still positive. These signs state that Litecoin can be on the rise in the nearest future.
Source: TradingView
Nevertheless, traders are to be careful. The RSI (Relative Strength Index) of Litecoin is considerably overbought at 83.76 compared to the overbought reaction of 70. When RSI is high, this is usually an indicator of possible price correction in the market. The fact that Litecoin is currently overbought indicates that some reversal is imminent in the future.
Will $340 Be Reached by 2025
Other market indicators are also recording heightened activity about LTC . CoinGlass reported that LTC trading volume has increased by 68.13% to reach $1.15 billion. Factors such as open interest are also up 7.21% to $11.02 million. The LTC OI-Weighted Funding Rate stands at 0.0102, indicating that the situation is favorable to the asset.
Source: Coinglass
In 2025, LTC has a huge potential to grow. CoinLore platform predicts that the LTC price may hit as high as 340.58 dollars by the end of 2025, with a low of 206.51 dollars. This would see the price of LTC range between 206.51-340.58, and this is an encouraging forecast for the investor.
The price surge in LTC is primarily due to the strength of bitcoin in the market. LTC shows excellent prospects to increase by 2025 because it has great potential on a bullish trend and high correlation to BTC.
This article is based on real-time market data and general technical observations. It does not constitute financial advice. Always conduct your own research before making investment decisions.
