Litecoin is approaching the important resistance threshold of 110 USD with many bullish signals from accumulating whales, outflows from exchanges, and the double bottom pattern.
These signs indicate the possibility of a breakout above 130 USD; however, risks from the leveraged market still exist and need to be closely monitored.
MAIN CONTENT
Litecoin has reached the resistance area of 107-110 USD, where there is a large supply from over 130 thousand addresses.
The double bottom pattern and whale accumulation provide a basis for a rise above 130 USD.
Outflows from exchanges and a high Funding Rate warn of short-term correction risks.
What resistance level is Litecoin at and how important is it?
According to in-depth analysis, LTC is facing on-chain resistance around 107-110 USD, where over 3.9 million LTC is stored by about 131,970 addresses, creating a dense supply wall that may hinder price increases. The inflow into crypto from many wallets indicates that this is a strong buying point in the past.
This supply wall can easily lead to selling pressure, especially from investors near the break-even point. Thus, the shift in market sentiment is the deciding factor for whether Litecoin can break through this area.
Can the double bottom pattern on the Litecoin chart trigger a rise to 130 USD?
From a technical standpoint, the double bottom pattern on the daily chart confirms a reversal signal after a long decline, with the neckline just below the 110 USD threshold coinciding with important on-chain resistance. If the bulls succeed in breaking through and retesting this area, the next target is around 130 USD, equivalent to a potential increase of 24%.
The combination of the pattern and strong accumulation factors supports medium-term bullish expectations for LTC, while reinforcing investor and whale confidence.
The double bottom pattern is a clear sign of a bullish trend; Litecoin will break out if it consolidates the support area at 110 USD.
James Smith, Cryptocurrency Market Analysis Director, 07/2025
Why are Litecoin whales considered the main driving force?
On-chain data shows that whale wallets holding a large amount of LTC have increased their accumulation by up to 5.44% in the last 30 days. This trend reflects trust and positive expectations from major investors regarding the long-term outlook of the coin. In contrast, institutional investors are reducing their holdings, but smaller wallets still maintain a slight increase of 0.34%.
History shows that strong increases by whales often precede significant price movements, which could be a signal for LTC's next breakout.
What does the outflow of funds from exchanges signal for Litecoin?
According to CoinGlass, Litecoin recorded a net outflow of approximately 3.55 million USD from exchanges, continuing the trend of decreasing tokens in the trading market. The movement of funds to cold wallets indicates long-term growth confidence from investors, while also reducing selling pressure on exchanges even when the price hits strong resistance.
The combination of technical signals, whale accumulation, and outflows from exchanges reinforces the positive outlook for LTC's medium-term prospects, avoiding unexpected sell-off fluctuations.
The outflow of funds from exchanges is evidence of investor confidence in Litecoin, a very important factor driving sustainable prices.
Linda Tran, Cryptocurrency Financial Analyst, 06/2025
What factors influence Litecoin's breakout potential in the short term?
Litecoin needs to turn the 110 USD area from resistance into support to maintain its upward trend. Although accumulation indicators and favorable technical patterns exist, the high Funding Rate and significant supply pressure could lead to corrective price fluctuations.
If the outflow of funds and traders maintain strong buying momentum, confirming a price level above 110 USD, the target of 130 USD is feasible based on current on-chain and technical signals.
Frequently Asked Questions
1. What important price level is Litecoin currently at?
Litecoin is currently testing the resistance area of 107-110 USD, where a large amount of LTC is stored on the network.
2. Does the double bottom pattern provide a strong bullish signal for LTC?
The double bottom pattern is a positive sign that gives investors hope for LTC's breakout if it surpasses the neckline around 110 USD.
3. What is the role of whales in Litecoin's price trend?
Whales with increased accumulation show strong confidence in the long-term outlook, often leading to significant price movements.
4. How does the outflow of funds from exchanges affect Litecoin?
Outflows from exchanges indicate that investors are holding LTC in personal wallets, reducing selling pressure and enhancing price sustainability.
5. What main risks should be noted when LTC is in an upward trend?
A high Funding Rate and a thick supply wall could cause LTC to experience short-term corrective fluctuations.
Source: https://tintucbitcoin.com/litecoin-tang-24-vuot-nguong-quan-trong/
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