Litecoin Price Rises 22.37% in 24 Hours Amid Strong Technical Indicators

On SEP 3 2025, LTC rose by 22.37% within 24 hours to reach $108.72, LTC rose by 191.07% within 7 days, rose by 286.53% within 1 month, and rose by 845.27% within 1 year.

The price surge has drawn attention to Litecoin’s (LTC) recent performance, with on-chain activity and market sentiment suggesting a broader shift in risk appetite. Multiple technical indicators have aligned to support the bullish trajectory. Notably, LTC has broken through key resistance levels on both daily and weekly charts, with a sustained increase in volume behind the recent move. This has reinforced the view that the current uptrend is structural rather than a short-lived rebound.

In the near term, analysts have identified the $100 level as a psychological floor that, if held, could propel LTC toward $120–$130 in the next 10–15 days. The RSI remains above the overbought threshold of 70, while the MACD line has crossed above the signal line, signaling a potential continuation of the rally. These factors, combined with the absence of major bearish divergences, suggest that the technical backdrop is robustly supportive of further gains.

Backtest Hypothesis

A backtesting strategy has been proposed to validate the sustainability of the recent momentum. The strategy focuses on a combination of the 50-period and 200-period moving averages, using their crossovers as entry and exit signals. Specifically, long positions are triggered when the 50-period MA crosses above the 200-period MA, and exits occur when the opposite happens. The strategy is further refined by incorporating volume data to confirm the strength of the signals.

The hypothesis assumes that the current market behavior, characterized by increased buying pressure and reduced bearish activity, is consistent with the conditions under which the moving average crossover strategy historically performs well. By backtesting this approach against LTC’s price movements over the past year, the strategy aims to assess whether a trend-following approach would have captured a significant portion of the recent gains. If the results confirm the effectiveness of the strategy, it could provide empirical support for the continuation of the bullish trend.