LTC breaks out of a long-term symmetrical triangle near $115-$120 with strong bullish volume.
Low resistance between $120-$180 could speed up LTC’s next rally phase.
Rising wedge and cup-handle patterns hint at $168-$227 long-term upside targets.
Litecoin’s technical charts signal a breakout from years of consolidation, with price action and volume pointing toward a sustained rally into multi-year highs.
Breakout from Multi-Year Symmetrical Triangle
Litecoin (LTC) has confirmed a breakout from a symmetrical triangle pattern that has been developing since late 2020. According to analysis from Jonathan Carter, price action finally closed above the descending resistance near $115–$120 on the weekly chart, supported by a sharp uptick in bullish volume.
https://twitter.com/JohncyCrypto/status/1955214348353179808
The move follows nearly five years of higher lows along ascending support, paired with repeated rejections at the upper boundary.
Volume had steadily declined inside the formation, a typical pre-breakout behavior, before surging as LTC cleared resistance. With the next visible price barrier around $140, market analysts see open space toward $180 due to historically low trading activity between $120 and $180.
Rising Wedge and Cup-Handle Patterns
X user Rose Premium Signals noted that LTC’s current structure also forms a rising wedge, with an ascending support trendline intact since early 2024.
https://twitter.com/VipRoseTr/status/1955072878564499458
A rounded cup formation beneath the descending resistance suggests prolonged accumulation in 2025. The handle now appears to be forming just below $130 — the last major rejection zone.
A breakout above the upper boundary could pave the way toward $168 and above. These targets align with prior historical resistance levels,especially those from the 2021 cycle.
Short-Term Consolidation Before Next Move
On the 4-hour chart, LTC is consolidating between $118.00 and $127.00 after a late-July rally above $128. Bollinger Bands show reduced volatility,as the Stochastic RSI sits in oversold territory.This suggests a near-term weakness but potential for a bounce. The $117 lower band is immediate support, with the $122.27 middle band acting as short-term resistance.
Even with the recent pullback, Litecoin hasn’t made any lower lows this year,a sign the bullish trend is still alive. The confirmed long-term breakout, thin resistance zones ahead, and steady pattern of higher lows give LTC a solid platform for its next upward push.
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