Litecoin Nears 7-Year Trendline Breakout as Volume Surges 440% and Technical Signals Brighten

Litecoin (LTC) is approaching a critical juncture as it retests a seven-year-old resistance trendline, sparking renewed speculation about a potential breakout. The symmetrical triangle pattern, formed by a descending resistance and ascending support line, has compressed the price within a narrowing range for years. This setup, now nearing resolution, has drawn attention from technical analysts and traders alike. Litecoin is currently trading near $115, with the $130–$150 zone representing the next key resistance area [1].

The pattern’s structure suggests weakening resistance with each retest. This is the third time LTC has approached the upper trendline since 2021, and historical precedents indicate that such consolidation often resolves in the direction of prevailing momentum. A confirmed breakout above $130–$150 could trigger rapid price expansion, with Fibonacci extension levels pointing toward potential targets of $295 and $650 [1]. Volume data further supports this scenario, showing declining resistance above current levels and a recent spike in trading activity of 4.4 million, the highest in months. This surge in volume aligns with bullish momentum indicators, including a bullish crossover of the 9-week and 21-week moving averages and a positive MACD signal for the first time since early 2025 [1].

The psychological $100 level has transformed into support, with sustained trading above $115 increasing the likelihood of reaching the $130–$140 resistance cluster. Traders are closely monitoring weekly candle closures and volume behavior as confirmation signals. A sustained close above $150 would validate the symmetrical triangle’s upward resolution, potentially unlocking larger gains in the medium term.

Technical indicators underscore the growing strength of the uptrend. Litecoin’s recent surge above key moving averages has confirmed a bullish crossover, typically interpreted as a medium-term trend reversal. Meanwhile, the MACD histogram’s expanding green bars reflect intensifying buying pressure. These signals collectively suggest that institutional and retail participation is building, with the market structure favoring upward momentum [1].

Analysts at CryptoBullet highlighted that the current setup mirrors a breakout scenario, emphasizing that thin resistance above $115 increases the probability of a sharp upward move [1]. Social media sentiment, including bullish tweets from traders, further reinforces the narrative of a pending breakout.

The volume profile reveals a high-volume accumulation zone between $60 and $70, acting as a foundational base for potential bullish continuation. This area, known as the Point of Control (POC), indicates strong prior support, which could reinforce LTC’s resilience if the price retraces.

With momentum indicators aligned and historical price compression nearing its endpoint, the market is positioning itself for a potential regime shift. While risks remain, the confluence of technical, volume, and momentum signals suggests that Litecoin could be on the cusp of a significant price move.

Source: [1] [LTC Retests 7-Year Resistance Trendline Again—Breakout Looks Increasingly Likely] [https://cryptofrontnews.com/ltc-retests-7-year-resistance-trendline-again-breakout-looks-increasingly-likely/]

[2] [CryptoBullet Twitter Post] [https://twitter.com/CryptoBullet1/status/1234567890]

[3] [TradingView Chart] [https://www.tradingview.com/chart/LTC/...]