Litecoin Rises 11% on Cryptocurrency Market Rally Amid Halving Speculation

Litecoin (LTC) has surged over 11% in the past week, drawing renewed attention from traders and investors amid a broader uptrend in the cryptocurrency market. The recent rally has sparked speculation about whether the coin can reach $150 in the next bull cycle. While no concrete guarantees exist, the market is closely watching key price levels and broader sentiment to gauge the likelihood of such a move [1].

Over the last seven days, LTC’s price has climbed from around $104 to as high as $117, with a 14% gain reported in that timeframe. Looking further out, the price has risen more than 28% over the past 30 days, though it has seen less than 1% movement over the past six months [1]. Traders are keeping a close eye on the $123 resistance level, as a successful breakout could push the price toward $136, marking a potential 17% increase. The immediate support level is currently near $97, and LTC remains within a well-defined trading range as it looks for direction [1].

According to a price prediction model from Bitget, Litecoin is expected to reach $124.02 by August 13, 2025, with a daily growth rate of approximately 0.014%. This projection, while optimistic in the short term, does not indicate a long-term trajectory toward $150 [1]. However, the market remains intrigued by the possibility, especially as Litecoin approaches its next halving event—a historical catalyst for price appreciation in the past.

Binance analysts have also weighed in on the potential for LTC to rise further. They suggest that $120 could act as a near-term ceiling, while more aggressive models point to the possibility of exceeding $150 in a strong bull market [2]. These projections are largely speculative and hinge on broader macroeconomic conditions, regulatory developments, and increased institutional adoption.

The recent rise in LTC has also been supported by cross-asset correlations. Ethereum (ETH) and BNB have both shown positive momentum, and AI-related altcoins have gained traction, creating a favorable backdrop for Litecoin. Investors are increasingly viewing LTC as a potential beneficiary of these broader trends, especially given its faster transaction speeds and lower fees compared to Bitcoin [1].

Despite the optimism, it is crucial to differentiate between actual performance and analyst forecasts. While Litecoin’s recent price action has been strong, reaching $150 will require sustained bullish momentum and favorable market conditions. At this stage, most price projections remain speculative, and traders are urged to conduct their own research and exercise caution [1].

Source:

[1] Litecoin (LTC) Price Prediction – Bitget

https://www.bitget.com/price/litecoin/price-prediction

[2] Latest Halving News, Opinions and Feed Today – Binance

https://www.binance.com/en/square/hashtag/Halving