- Litecoin is showing signs of a potential breakout, supported by a bull flag pattern and rising momentum on technical indicators like the MACD.
- Litecoin could rally toward the $100 mark if the anticipated spot ETF gains approval, acting as a major bullish catalyst.
Litecoin Prepares for Liftoff
Litecoin (LTC) could be on the verge of a significant breakout, according to a top crypto analyst who believes a perfect storm of technical patterns and bullish news could propel the altcoin to new heights. The analyst recently shared insights on X, pointing to a bull flag pattern forming on Litecoin’s chart — often seen as a classic signal for a continuation rally.
Adding fuel to the fire is growing speculation around a potential spot Litecoin ETF, which the analyst calls the “fundamental trigger” for the next big surge.
Technical Indicators Signal Bullish Momentum
The chart analysis reveals that Litecoin is currently trading just below its 20-day Exponential Moving Average (EMA), a level that often acts as short-term resistance. However, a more optimistic sign comes from the Moving Average Convergence Divergence (MACD), which is now trending upward — a typical precursor to rising prices.
This pattern follows a notable 70% rally between April and mid-May 2025, after which LTC corrected by 29%, dropping to $76.21. Since then, it has rebounded to $85.40, forming the textbook bull flag pattern analysts love to see.
ETF Launch Could Be the Game-Changer
While technicals are lining up nicely, many believe the real catalyst could be the approval of a Litecoin ETF. Canary Capital’s spot Litecoin ETF has already been listed on the DTCC, setting the stage for possible SEC approval. If greenlit, this could trigger a flood of institutional interest in LTC, sending prices soaring toward — or even beyond — the critical $100 psychological barrier.
The analyst warns that despite the bullish setup, a breakout will likely depend on a solid trigger, and the ETF narrative could be just what Litecoin needs.
Eyes on $100
With technicals pointing upward and ETF optimism building, Litecoin may be poised for a major breakout. If the bull flag confirms and ETF news hits, $100 could be just the beginning. Traders and investors should keep a close watch — Litecoin’s next move might be explosive.
