Litecoin (LTC) Price Prediction: Litecoin Bulls Eye $165 Breakout as Long-Term Trendline Turns Supportive
Litecoin (LTC), often referred to as the “silver to Bitcoin’s gold,” is drawing significant attention from traders and analysts alike, thanks to a powerful convergence of technical and fundamental signals.
Currently trading above $111, Litecoin is forming a large symmetrical triangle that has been developing since 2018. Analysts suggest that a decisive breakout above the $165 resistance line could ignite a strong bullish run—possibly propelling th Litecoin price toward $225, $325, or even $500 during an extended bull cycle.
This seven-year triangle structure has formed a consistent price channel, with support around $85. According to multiple technical analysts, the triangle’s breakout could serve as confirmation of a bullish continuation. On the downside, failure to hold support might lead to a correction as deep as $61. However, the overall Litecoin outlook remains optimistic, supported by strong network fundamentals and increasing institutional interest.