Litecoin Price Skyrockets as Crypto Market Nears $4T—$120 Next?

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The Litecoin price is showing impressive strength on the 1-day chart, riding the coattails of a massive market-wide rally that’s pushing the total crypto market capitalization close to the $4 trillion milestone.

As Bitcoin, Ether, and XRP post fresh gains following positive regulatory news, the Litecoin price has followed suit—gaining momentum and pushing toward key resistance levels.

Bullish Technical Indicators Support Further Litecoin Price Gains

Momentum is clearly favoring the bulls. The Litecoin price has been consistently closing higher over the past few sessions, supported by upward-trending exponential moving averages.

The MACD continues to widen, confirming accelerating bullish momentum. Meanwhile, the Relative Strength Index (RSI) has entered overbought territory, indicating strong buying pressure, though it also signals a potential pause or short-term consolidation ahead.

Daily chart for LTC/USD (Source: GeckoTerminal)

This rise is technically healthy, with the Litecoin price staying well above both the 9-day and 20-day EMAs—further reinforcing bullish structure. The current trend reflects sustained investor interest, boosted by wider crypto market optimism.

Critical Support and Resistance Levels to Watch

As the Litecoin price pushes upward, several resistance zones lie just ahead. The nearest is at $109.06, followed closely by $109.82 and $115.72. These levels mark significant prior rejection zones and are reinforced by dense ask walls in the order book.

In particular, a large ask wall at $110 with over 5,600 LTC represents a key battleground. If bulls can absorb this sell-side pressure, the Litecoin price could jump by around 3.24%, setting sights on the $115 level. Additional resistance is visible at $116, where another thick wall of liquidity may challenge further upside.

On the flip side, support levels at $101.43, $101.07, and $99.36 provide downside protection. The most notable of these is the $100 bid wall, which currently holds around 706 LTC (~$70,585). If this support level fails, Litecoin could see a pullback of approximately 6.15%, making it a critical line to watch.

Order Book Analysis Reveals Key Trading Zones

Order book data gives a clearer picture of market sentiment. Bulls face multiple ask walls, including:

$110.00: 5,652 units (≈$621,723) — clearing it could send the Litecoin price up 3.24%
$115.00: 2,644 units (≈$304,087) — clearing it could push price 7.93% higher
$116.00: 1,450 units (≈$168,212) — another 8.87% jump potential

On the support side:

$106.18: 659 units — loss of 0.35% if it breaks
$105.98: 698 units — loss of 0.53% if it breaks
$100.00: 706 units — loss of 6.15% if it breaks

This structure sets the stage for volatility. If buyers can chew through sell-side pressure, especially at $110, Litecoin may enter a new leg up. But if the $100 bid wall collapses, it could reverse sharply.

Regulatory Tailwinds Fuel Market-Wide Crypto Optimism

Litecoin’s rally is part of a larger market surge following key US legislative developments. The US House of Representatives recently passed three major crypto bills, providing much-needed regulatory clarity. This triggered a broad rally across digital assets, with Ether jumping 8% and XRP surging nearly 20% to new yearly highs.

Analysts believe these developments are just the beginning. According to Nick Ruck of LVRG Research, “Traders see digital asset prices surge from regulatory and institutional support.” Nassar Al Achkar of CoinW adds that legislation like the GENIUS Act and Trump’s proposal to open retirement accounts to crypto could “unlock trillions in institutional capital.”

Against this backdrop, the Litecoin price may continue to benefit from rising sentiment and capital inflows, particularly if market-wide momentum holds.

Trading Strategy: Long and Short Opportunities

Long Setup: Traders may look to enter long positions on dips around the $101–$102 zone, using the strong $100 support level as a guide. A breakout above $110 would confirm continuation, with upside targets near $115–$116.

Short Setup: On the flip side, short positions could become attractive if Litecoin stalls below $109 and begins to roll over. A failure at $100 would validate bearish setups, with downside targets near $99 and below.

With the crypto market nearing historic highs and institutional enthusiasm rising, Litecoin remains one of the key assets to watch.

Disclaimer: The information presented in this article is for informational and educational purposes only. It does not constitute financial advice. Ecoinimist is not responsible for any losses incurred. Readers should exercise caution before acting on this content.

Author

Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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