Fun

Litecoin Heading For Higher Levels As LTC/BTC Setup Signals Fresh Surge

News Feed - 2025-05-12 11:05:20

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


According to CRYPTOWZRD on his recent poston X, Litecoin (LTC) ended the week with a bearish close, a move that’s being interpreted as part of a normal market cycle rather than a sign of weakness. Despite the pullback, the LTCBTC pair is showing promising signs of strength and is expected to rally in the coming week. 


CRYPTOWZRD notes that the intraday chart development will be key in identifying the next viable scalp opportunity. As long as LTC continues to hold above the critical $100 level, the conditions remain favorable for a bullish breakout, potentially triggering the next leg up in the LTCBTC trading pair. The Bullish Catalyst That Could Propel Litecoin Higher


Providing further insight, CRYPTOWZRD explained that the daily candles for Litecoin and the LTCBTC pair closed lower today. He reassured that this short-term decline is not a cause for concern, especially since the broader picture remains bullish. Related Reading Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years 2 weeks ago


According to the analyst, Litecoin’s weekly candle closed with notable strength, hinting at sustained upward pressure in the days ahead. The LTCBTC pair also ended the week on a positive note, which could be an early sign of renewed bullish momentum. However, CRYPTOWZRD emphasized the importance of a more impulsive push from LTCBTC in the upcoming week to ignite Litecoin’s upswing. Litecoin uptrend to continue | Source: CRYPTOWZRD on X


He also noted that Litecoin and LTCBTC are currently tradingin extremely oversold conditions, a factor that typically precedes strong rebounds. With that in mind, CRYPTOWZRD plans to closely monitor intraday developments on the lower time frames tomorrow, looking to capitalize on any quick trading opportunities as the setup evolves. LTC/BTC Breakout Confirmed – Key Levels To Watch


Concluding his analysis, CRYPTOWZRD highlighted that Litecoin’s intraday chart remained highly volatile throughout the day, with the price now consolidating around the crucial $100 support zone. If buyers step in and drive a strong bullish move from here, it could open the door for a rallytoward the $109 target or possibly even higher. Related Reading Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target 1 month ago


On the other hand, a failure to hold this support could lead to extended sideways movement, especially if Bitcoin remains uncertain or lacks directional momentum in the coming sessions. The broader market’s response, particularly from BTC, will likely influence Litecoin’s next move.


For now, CRYPTOWZRD advises waiting patiently for a clean and reliable setup to emerge before taking action. He emphasized that discipline is crucial in choppy conditions like these, and his focus will remain on tracking price development on lower time frames to spot the next favorable entry point. LTC trading at $102 on the 1D chart | Source: LTCUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com

News Feed

Cardano Whales Buy The Dip – Metrics Show Increasing Demand
Este artículo también está disponible en español. Cardano (ADA) has captured investors’ attention after surging to multi-year highs at $1.15, marking an impressive 245%
US trading app Robinhood launches ‘crypto transfers’ in Europe
Helen Partz15 hours agoUS trading app Robinhood launches ‘crypto transfers’ in EuropeRobinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance.1437 Total views9 T
Foreign crypto miners could be spying on US bases: Elizabeth Warren
Martin Young3 hours agoForeign crypto miners could be spying on US bases: Elizabeth WarrenSenator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of elect
Savannah Fortis10 hours agoDOJ calls SBF’s fraud allegation defense ‘irrelevant,’ requests additional infoThe U.S. Department of Justice has issued a new court filing in its case against Sam Bankman-Fried in which
MakerDAO implements temporary fee adjustments amid market volatility
Amaka Nwaokocha57 minutes agoMakerDAO implements temporary fee adjustments amid market volatilityThe adjustments include changes to Maker Vaults, SparkLend DAI Borrow Rate, the PSM, the Dai Savings Rate (DSR), and the Go
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm Samsung, the Korean electronics company, has revealed it is working to build its own metaver
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches With just a few days left before old Nigerian naira banknotes are removed from circulation,
Solana needs Firedancer, ‘ChatGPT moment’ to rival ETH, proponents say
Tom Mitchelhill5 hours agoSolana needs Firedancer, ‘ChatGPT moment’ to rival ETH, proponents saySolana might have a shot at flipping Ethereum, but only if it can overcome a series of obstacles.3281 Total views5 Total
Biggest Movers: SAND up by 12% on Wednesday, Hitting a 10-Day High
Biggest Movers: SAND up by 12% on Wednesday, Hitting a 10-Day High SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes
Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options Walmart’s global chief technology officer has revealed crypto̵
Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target
Este artículo también está disponible en español. Ethereum has been trading below the $2,800 mark for the past two weeks as selling pressure at this critical level contin