Litecoin Price Prediction: Can LTC Rally To $98 This Week?

Key Insights:

• Litecoin price prediction for the coming days appears bullish and could approach the $100 mark.
• LTC has broken out from a descending trendline and an ascending triangle price action pattern.
• 71% of top traders on Binance are going long on LTC, strengthening the bullish outlook.

LTC, the native token of Litecoin, appears bullish and garners significant attention from traders following a recent breakout. As market sentiment improves, Litecoin price prediction signals bullish momentum. Breaking past key resistance has set the stage for a strong upward rally.

LTC has retested key levels four times since March 2025. This time, it has successfully broken through, signaling strong bullish momentum.

At press time, LTC was trading near $83.25 and had recorded a modest price surge of 0.50% over the past 24 hours. However, its trading volume jumped by 16% during the same period despite the earlier price decline.

The spike in trading volume reflects increased engagement from traders and investors. This surge likely follows the recent bullish breakout, signaling growing market confidence.

Litecoin Price Prediction: Bullish Breakout Signals Upside Potential

According to expert technical analysis and Litecoin price prediction, the asset appears bullish and poised for a massive upside rally. The four-hour chart confirms that LTC has broken past key resistance.

This breakout surpasses an ascending triangle’s descending trendline and the neckline, signaling potential bullish momentum. Meanwhile, the LTC price has successfully retested the breakout area, which is strengthening Litecoin price prediction.

If LTC maintains momentum above $79, its price could rally further. The price trend signals a 20% upside, targeting the $98.20 level.

Meanwhile, Litecoin price prediction could turn bearish if LTC price falls and closes a four-hour candle below the $78.50 level. At press time, the token’s price has been moving above the 200 EMA.

This indicated that the asset is in an uptrend and has a strong upside momentum. Mostly, traders and investors use this indicator to make informed decisions.

LTC’s Relative Strength Index (RSI) stood at 65, indicating that the asset is near the overbought area. Still, it has enough room to continue its upside move without the immediate risk of a sharp pullback.

On-Chain Metric Reveals Mixed Sentiment

Looking at the Litcoin price prediction, the on-chain analytics firm Coinglass reveals that intraday traders have strongly bet on the bullish side. Meanwhile, long-term holders and investors have found the dumping of LTC coins.

At press time, Binance LTCUSDT Long/Short ratio stands at 2.45, indicating a strong bullish sentiment among the traders.

These metrics further reveal that for every 2.45 long positions, traders have built single short positions. Currently, 70.98% of top traders hold long positions, while 29.02% hold short positions.

During the same period, LTC’s Open Interest (OI) jumped by 11%, indicating new positions. With a long/short ratio of 2.45, open interest (OI) indicated growing bullish sentiment. Traders are increasingly opening new long positions in response to the optimistic market outlook.

Over the past seven days, traders were over-leveraged near $80.90 at support and $85.90 at resistance. These levels indicate key points where market participants adjusted their positions in response to price fluctuations.

Meanwhile, during the same period, they have built $9.66 million worth of long positions and $5.81 million worth of short positions.

This metric further revealed that bets on the long side have been rising significantly. It is strengthening the LTC bullish outlook.

Spot inflow/outflow data shows exchanges have seen a notable $7.57 million inflow of LTC coins. This movement signals increased trading activity and potential market shifts.

A large asset inflow often signals potential selling pressure, increasing the risk of price decline. If traders start offloading holdings, LTC could struggle to maintain its current support levels.