Litecoin Targets 30% Gain to $165 as Bullish Momentum Builds

Litecoin (LTC) is attracting significant attention from traders and analysts as the cryptocurrency market gains momentum in mid-2025. A recent analysis by technical analyst Ali @ali_charts on X suggests that Litecoin could be on the verge of a rally, potentially reaching $140 if it maintains its current price above the $100 mid-channel level. This analysis, shared on July 13, 2025, is supported by broader market trends and institutional developments, making it a key point of interest for crypto enthusiasts.

The chart, created with TradingView, illustrates Litecoin’s price action within an ascending channel, a pattern that indicates sustained bullish momentum. Ali’s observation that $100 serves as a critical support level is backed by recent market data. According to a report from February 2025, LTC traded at $125.81 with a bullish 4-hour Relative Strength Index (RSI) crossing above 50, indicating growing momentum. If the current support trendline holds, a 30% upside to $165 is plausible, though Ali’s $140 target remains a conservative yet achievable milestone.

This potential move challenges earlier bearish forecasts, reflecting a shift in market sentiment. The backdrop to this analysis includes significant institutional adoption. The establishment of a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile has bolstered confidence in cryptocurrencies, including Litecoin. With Bitcoin nearing $120,000, altcoins like LTC are poised to benefit from the ensuing altseason. Historical data from TradingView also supports this outlook, noting an 8-year accumulation pattern and a current test of the $88.5 resistance level, which could trigger a breakout reminiscent of past 100% rallies.

However, volatility remains a concern. The crypto market’s unpredictable nature suggests traders should watch for confirmation signals, such as a sustained hold above $100 or increased trading volume. For now, Ali’s analysis offers a compelling case for Litecoin’s upward trajectory, making it a cryptocurrency to watch closely in the coming weeks.

Litecoin, the seventh-largest cryptocurrency by market capitalization, is showing signs of a potential rally, according to recent technical analysis. The analysis suggests that Litecoin could surge to $140, driven by several key factors. The technical indicators point to a bullish trend for Litecoin. The cryptocurrency has been consolidating within a specific price range, and a breakout above this range could trigger a significant upward movement. The analysis highlights that Litecoin's price has been forming a series of higher lows and higher highs, which is a classic pattern indicative of a bullish trend. Additionally, the moving averages are aligning in a way that supports a potential breakout to the upside.

One of the key drivers of this potential rally is the upcoming halving event, which is expected to occur in August 2023. The halving event reduces the block reward for miners, effectively decreasing the supply of new Litecoins entering the market. Historically, Litecoin has experienced significant price increases following halving events due to the reduced supply and increased demand. Furthermore, the recent launch of zero-fee cloud mining services for Litecoin has also contributed to the bullish sentiment. These services allow users to mine Litecoin without incurring electricity or maintenance costs, which could lead to an increase in the number of miners and overall network activity. This increased activity could drive up the price of Litecoin as more people become involved in mining and holding the cryptocurrency.

The technical analysis also points to a potential resistance level at $140, which Litecoin could break through if the bullish momentum continues. This resistance level has been identified based on historical price data and the current market conditions. If Litecoin manages to break through this level, it could potentially reach even higher prices in the coming months. In conclusion, Litecoin is poised for a rally, according to recent technical analysis. The cryptocurrency's bullish trend, upcoming halving event, and the launch of zero-fee cloud mining services are all contributing factors to this potential surge. If Litecoin manages to break through the resistance level at $140, it could see significant price appreciation in the near future.