Litecoin Stabilizes Above $86 Awaiting Golden Cross for 40% Gain

Litecoin has recently garnered significant attention as its price action indicates a potential bullish breakout, contrasting with the broader market's cautious sentiment. The cryptocurrency has been trading quietly below $100 for most of the past year but has now stabilized above the $86 level, a crucial technical zone that traders are closely monitoring.

After briefly touching resistance around $88 earlier this week, Litecoin retraced slightly to near $85.56 but has since regained its position above $86. This stability above a key support zone is bolstering the bullish outlook, especially as the cryptocurrency approaches a rare and historically powerful technical pattern.

One of the most intriguing aspects of the current setup is the impending Golden Cross formation on Litecoin’s weekly chart. This technical event, which occurs when the 50-week moving average crosses above the 200-week moving average, has only happened twice in Litecoin’s history, both times preceding substantial rallies. In 2017, the Golden Cross followed a 700% surge in LTC’s price, while in 2021, it was preceded by a 450% rally. Analysts suggest that a similar rally could be on the horizon, with historical data indicating that most of the price movement occurred before the Golden Cross was officially confirmed.

Crypto market expert Tony “The Bull” Severino believes that a significant rally from current levels could not only reignite momentum but also trigger the cross itself, further reinforcing bullish sentiment. Litecoin is potentially just weeks away from its third ever Golden Cross of the 50-week and 200-week Moving Average. In the past, these have triggered AFTER a huge rally. In 2017, it rallied 700% from local lows BEFORE the Golden Cross. In 2021, it rallied 450% from local lows.

Currently, Litecoin’s price is approximately $86.10, just below its 24-hour high of $88.36, and continues to trade within a narrow but significant range. Market watchers are closely observing the $85–$88 zone on the 4-hour chart, where a clean breakout and successful retest could drive a move toward $112, a potential 40% gain from current prices. MACD indicators are cooling off slightly, suggesting the market may be entering a short consolidation phase before attempting another upward push. Whether this slowdown represents a healthy pause or a potential fakeout remains to be seen, but momentum remains on the bulls’ side as long as LTC holds above $85.

The cryptocurrency has already gained around 5% over the past week and remains up 16% over the past year, reinforcing the notion of a slow-building accumulation trend. Litecoin’s current market capitalization stands at just over $6.54 billion, with a circulating supply near 76 million tokens and a hard cap of 84 million. This makes Litecoin one of the more established and constrained altcoins on the market. The backdrop of increasing Bitcoin dominance and recent price rejections for altcoins elsewhere makes Litecoin’s stability all the more notable. If buyers continue to absorb sell pressure near the $85 support, it could validate a broader bullish scenario going into the second half of 2025. Traders will likely continue watching whether the $88 barrier is overcome with conviction, and if so, how quickly momentum carries the altcoin toward the psychologically significant $100 level and beyond.