Litecoin $LTC Poised for Breakout: 7-Year Pattern Signals Major Move Ahead
Litecoin (LTC) is currently forming a 7-year symmetrical triangle, a technical chart pattern known to precede significant price breakouts. With over 13 million LTC accumulated in the $88–$99 range, this zone now stands as a crucial resistance level.
Adding to its momentum, Litecoin continues to attract users thanks to its lightning-fast transaction speeds and minimal fees traits that keep it relevant in a crowded crypto landscape.
Investor optimism is further fueled by a recent spot Litecoin ETF application filed by Canary Capital. Market analysts are giving the proposal a strong 90% chance of approval, which could serve as a major catalyst for LTC’s price in the coming months.
