Litecoin Is On Fire: $120–$125 Range In Bullish Crosshairs

Source Newsbtc

Litecoin (LTC) is picking up speed. The coin is now trading at $116 after rising 20% over the last seven days. Trade volume has also jumped by 1.30%, hitting $1.27 billion.

That’s a clear sign of growing activity. Over the past week, LTC has surged by 24%, reaching a high of $119.21. For many traders watching the charts, momentum is starting to build again.

Bulls Eye $125 As Momentum Builds

Crypto analyst Naveed said Litecoin has broken through a key resistance level. According to him, the price “filled the fair value gap” and moved higher just as predicted.

The next target now falls in the $120–$125 zone. That’s the level many traders are watching as a potential breakout point.

The growing optimism isn’t just about short-term moves. Some analysts have projected that LTC might reach as high as $262 sometime in 2025, even after a rough start to the year.

Their outlook includes a rise to $140, followed by a potential dip under $94 before making a comeback. The long-term picture includes a shot at the previous all-time high of $413, although that’s a steep climb from where it is now.

Litecoin Sentiment Turns Bullish

Meanwhile, CoinCodex gave a more conservative outlook. They expect LTC to rise by 15% and hit $134 by August 22, 2025. Their technical indicators show that the overall sentiment is bullish. Also, the Fear & Greed Index is currently sitting at 74, which points to high confidence—or greed—among investors.

LTC has registered gains on 19 of the previous 30 trading days. That’s approximately 60% of the time, with price fluctuations of nearly 11%. It’s an indicator that Litecoin’s price is going up, but it’s not doing so in a linear motion. Investors are finding space for appreciation but are aware the market is still volatile.

Market Watching $140 After $125 Test

If LTC clears the $125 resistance, the path toward $140 could open up. A lot of traders agree this level is important, not just from a technical point of view but also because of growing market interest. Social chatter is increasing, and trading activity is starting to pick up across different crypto exchanges.

However, not everything is certain. Global markets are still reactive to such things as interest rate changes, inflation reports, or policy changes. Crypto regulation is also something that might shift sentiment very rapidly. But Litecoin’s recent resilience has allowed it to outshine altcoins during this month.

With $134 in sight and a possible return to $262 in 2025, Litecoin is showing signs of life again. Whether it can sustain the rally will depend on what happens next—especially around that $125 line.

Featured image from Unsplash, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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