The crypto market never runs short of surprises, and Litecoin seems ready to deliver the next big one. While most traders have had their eyes on Bitcoin and Ethereum, one analyst believes LTC is quietly preparing for a breakout that could shock everyone.
According to C-ZAR Gets Crypto, a YouTube analyst with more than 49K subscribers, Litecoin’s setup looks primed for a massive move that could send it far beyond its current level around $116.
C-ZAR says Litecoin has been in an accumulation phase since 2022. On the weekly chart, he sees a large rising channel, a sign that strength is building quietly.He believes this setup could start a big rally, maybe the biggest since 2017.
At the time of his analysis, LTC traded around $118.It was holding strong support and showing bullish signs. He thinks the consolidation is ending and Litecoin is ready to move. If it breaks out, C-ZAR expects the price could reach $300 or even $400 before October ends.
What you'll learn 👉
Technical Indicators Show Strong Momentum
The analyst from C -ZAR Gets Crypto checks different timeframes to back his view. On the 1-hour and 4-hour charts, the RSI, MACD, and Stochastics all look bullish. The RSI is breaking out of a downtrend, which he sees as a strong sign.
He says short-term drops may happen, but the bigger trend stays positive. Even if Litecoin falls to $114 or $109, he sees it as a normal pullback. On the daily chart, Litecoin still holds strong support and stays steady despite market noise.
Weekly Chart Points to a Major Breakout
On the weekly chart, C-ZAR says Litecoin looks ready for a big move. The RSI is bouncing off 50, and the MACD is close to crossing upward. These are signs that often come before strong rallies.
He believes Litecoin could rise above $200 in the coming weeks and maybe reach $400 before the month ends. According to him, the long quiet phase for the Litecoin token is ending, and a powerful comeback may be starting.
Long-Term Outlook for LTC Token
C-ZAR’s long-term vision for Litecoin is even more ambitious. He predicts that the LTC price could reach between $800 and $2,000 by the end of the year, depending on how the breakout unfolds. Looking beyond 2025, he even mentions potential targets as high as $4,000 to $6,000 per coin within the current cycle.
He compares Litecoin’s current state to other moments in crypto history when assets moved from boredom to explosive growth. According to him, Litecoin has been “dormant since 2017,” and that built-up energy could soon be released.
Read Also: Here’s What Is Driving Mantle (MNT) Price Rally
Adding a touch of irony, C-ZAR mentions that Charlie Lee, the founder of Litecoin, once said he regretted creating it. He sees this kind of statement as an interesting bullish sign, noting how similar remarks in the past like those made by Dogecoin’s founders were followed by major rallies.
To him, Litecoin is now free from old baggage and ready to shine on its own. The market conditions, chart structure, and sentiment all seem to line up for something big
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
