Litecoin (LTC) Next Big Rally Could Be Very Close, Could Smash $200 This Time

Crypto analyst Ali has pointed out that Litecoin is mirroring the price movement of Ethereum. According to him, this pattern could open the door for a major LTC rally, with $220 being a realistic next target.

In his chart, Ali compared Ethereum’s recent breakout to Litecoin’s current setup. The visual suggests that LTC is moving in a similar rhythm and could be on the verge of breaking through a critical resistance level.

If Litecoin repeats Ethereum’s move, the price could quickly push past the $200 region and aim for higher levels.

LTC Price Is Testing a Key Long-Term Resistance

A look at the Litecoin chart shows that LTC price is currently trading around $129, a level that has been a strong resistance since March 2022. This is the same price zone where previous rally attempts stalled and reversed.

LTC Price Chart

For over three years, LTC has struggled to secure a decisive close above this region. The weekly chart confirms that this resistance has been tested multiple times, and breaking it would be a major technical shift. Traders are closely watching to see if the current momentum can finally lift Litecoin beyond this barrier.

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If LTC manages to break and hold above the $130–$140 resistance range, it could trigger a rapid move toward $200 and beyond. This is partly due to the lack of strong historical resistance between these levels, which often allows price to climb faster.

With Litecoin price tracking Ethereum’s recent bullish breakout, the technical structure suggests that a similar move could unfold. If buying pressure increases at this stage, Litecoin could finally see the kind of sustained rally that has been missing from its price action for years.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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