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<p>Various analysts have released their Litecoin price predictions because it’s been drawing significant attention from crypto traders. With notable insights from two influential analysts: “WorldOfCharts1” and “Cryptoinsightuk.”&nbsp;</p>
<p>The analysts have based their insights on key price movements and potential targets for the cryptocurrency, which is now showing signs of a strong breakout. Let’s go into details:</p>
<h3 class="wp-block-heading" id="strong-litecoin-s-breakout-targets-110-strong"><strong>Litecoin’s Breakout Targets $110</strong></h3>
<p><a href="https://x.com/WorldOfCharts1/status/1831595469052547344" target="_blank" rel="noopener noreferrer nofollow">WorldofCharts, with more than 34,000 followers on X</a>, posted an analysis of Litecoin; he stated that the cryptocurrency is currently breaking out, with several resistance levels in sight.&nbsp;</p>
<p>The analyst first points to the $73-$75 range as a key intraday target. This is where short-term traders may face selling pressure, leading to potential consolidation before a larger move.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large"><a href="https://x.com/WorldOfCharts1/status/1831595469052547344" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" decoding="async" width="1024" height="580" src="https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-1024x580.jpg" alt="" class="wp-image-552036" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-1024x580.jpg 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-300x170.jpg 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-768x435.jpg 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-1536x871.jpg 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-2048x1161.jpg 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-265x150.jpg 265w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-100x57.jpg 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-618x350.jpg 618w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc-788x446.jpg 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/ltc.jpg 1708w" sizes="(max-width: 1024px) 100vw, 1024px"></a>
 <figcaption class="wp-element-caption">
  Image Source: <a href="https://x.com/WorldOfCharts1/status/1831595469052547344" target="_blank" rel="noopener noreferrer nofollow">X/WorldofCharts</a>
 </figcaption>
</figure>
<p>However, if Litecoin manages to break this initial resistance, the next target lies in the $86-$90 range for the short term.</p>
<p>Furthermore, WorldOfCharts1 predicts that LTC could test the $110 level in the midterm. This <a href="https://captainaltcoin.com/massive-drop-in-litecoin-ltc-small-holders-signals-potential-bullish-reversal/" target="_blank" rel="noopener noreferrer nofollow">would signal a major bullish trend</a> for the cryptocurrency, especially if it sustains its momentum past the $90 mark.&nbsp;</p>
<p>Achieving this level would require strong buying pressure and favorable market conditions, which seem plausible given the current market sentiment.</p>
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<p><strong><em><br></em></strong></p>
<h3 class="wp-block-heading" id="strong-highest-4-hour-close-since-august-strong"><strong>Highest 4-Hour Close Since August&nbsp;</strong></h3>
<p><a href="https://x.com/Cryptoinsightuk/status/1831605410345689315" target="_blank" rel="noopener noreferrer nofollow">Cryptoinsightuk, a popular crypto analyst on Twitter</a>, also notes that Litecoin has just achieved its highest 4-hour close since August 3rd.&nbsp;</p>
<p>The analyst cited the historical significance of Litecoin’s performance in 2017, where the token surged from $4 to $400 in a major rally. Ever since, LTC has been in what many call an “accumulation phase,” with relatively modest price movements compared to its previous highs.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="627" src="https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-1024x627.jpg" alt="" class="wp-image-552044" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-1024x627.jpg 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-300x184.jpg 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-768x470.jpg 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-1536x940.jpg 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-2048x1254.jpg 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-245x150.jpg 245w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-100x61.jpg 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-572x350.jpg 572w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc-788x482.jpg 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/litecoicc.jpg 2006w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Image source: <a href="https://x.com/Cryptoinsightuk/status/1831605410345689315" target="_blank" rel="noopener noreferrer nofollow">X/Cryptoinsightuk</a>
 </figcaption>
</figure>
<p>This recent price action may indicate that Litecoin is finally breaking out of its long-term accumulation, suggesting there could be a substantial upward movement ahead.&nbsp;</p>
<p>The parallels between LTC and <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, which also experienced a massive rally in 2017 and has since been relatively dormant, hint that both tokens may have more life in them than the market has given credit for. This new 4-hour close could be the beginning of a larger move, similar to Litecoin’s performance in previous bull runs.</p>
<p><strong><em>Read Also:<a href="https://captainaltcoin.com/starknet-price-pumps-as-strk-trading-volume-hits-120-million/" target="_blank" rel="noopener noreferrer nofollow"> Starknet Price Pumps as STRK Trading Volume Hits $120 Million</a><br></em></strong></p>
<h3 class="wp-block-heading" id="strong-technical-indicators-and-sentiment-align-for-a-strong-bullish-trend-strong"><strong>Technical Indicators and Sentiment Align for a Strong Bullish Trend</strong></h3>
<p>The analysts highlight the importance of key technical indicators. WorldOfCharts1 points to the importance of volume and moving averages in sustaining LTC’s bullish trend.&nbsp;</p>
<p>However, rising buying volume would confirm the breakout’s strength, while <a href="https://coinmarketcap.com/currencies/litecoin/" target="_blank" rel="noopener noreferrer nofollow">Litecoin’s price </a>staying above its 50-day and 200-day moving averages would further validate the upward trend.&nbsp;</p>
<p>Finally, Cryptoinsightuk draws attention to the Relative Strength Index (RSI), which shows that LTC is nearing overbought conditions. While this suggests a potential short-term pullback, it doesn’t rule out further upward movement in the long term.</p>
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<p>The post <a href="https://captainaltcoin.com/crypto-traders-predict-litecoin-ltc-price-to-test-110-level-heres-how/" rel="noopener noreferrer nofollow">Crypto Traders Predict Litecoin (LTC) Price to ‘Test’ $110 Level – Here’s How</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Traders Predict Litecoin (LTC) Price to ‘Test’ $110 Level – Here’s How

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