• About
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
Saturday 17 May 2025
No Result
View All Result
Cryptoverse News
  • Home
  • BITCOIN
  • ALTCOINS
  • ETHEREUM
  • EXCHANGE
  • METAVERSE
  • LEGAL
  • ANALYTICS
  • NFT
  • Home
  • BITCOIN
  • ALTCOINS
  • ETHEREUM
  • EXCHANGE
  • METAVERSE
  • LEGAL
  • ANALYTICS
  • NFT
No Result
View All Result
Cryptoverse News
No Result
View All Result
Home BITCOIN

Litecoin Price Set to Explode in May?

Cryptoverse by Cryptoverse
May 1, 2025
in BITCOIN
Reading Time: 3 mins read
Litecoin Price Set to Explode in May?
Share on FacebookShare on TwitterShare on Linkedin


Litecoin, often dubbed the “silver to Bitcoin’s gold,” has seen a stealthy recovery in the past few weeks, climbing from the low $70s to nearly $86. While the broader crypto market remains cautious, LTC’s technical setup suggests that the coin might be preparing for a larger move. But can it really break $100 and rally beyond in May?

Let’s break down the daily and hourly charts and run some predictive numbers.

Litecoin Price Prediction: What the Indicators Are Saying?

LTC/USD 1 Day Chart- TradingView

The daily chart paints a promising picture. LTC is trading above the 20-day and 50-day simple moving averages (SMA), currently hovering around $84.59. These levels now act as solid support. However, the coin is still facing resistance from the 100-day and 200-day SMAs, which are converging near $99.79 and $98.17 respectively. A breakout above these could trigger a strong bullish run.

Litecoin Price Prediction

LTC/USD 1 Hr Chart- TradingView

Meanwhile, the hourly chart shows Litecoin price action tightening between the short-term moving averages, forming a classic consolidation range. As of May 1st, LTC just bounced from its hourly 200 SMA, hinting at growing buying interest.

The Accumulation/Distribution Line (ADL) on both charts has been trending upward — a strong signal that smart money is entering.

Is a Golden Cross Coming?

Looking at the MA ribbon, we’re getting close to a potential golden cross (where the 50-day SMA crosses above the 200-day SMA). Historically, this crossover has triggered 20–30% rallies for Litecoin in previous cycles.

If the current trajectory holds, and LTC closes above $90 within the next week, this could align the perfect storm for a bullish breakout.

Short-Term Price Projection (7–14 Days)

Given the current bullish structure and moving average support, the projected range for Litecoin in the next two weeks looks like this:

  • Support Zone: $80 – $82
  • Resistance Zone: $88 – $92
  • Breakout Target: $97 – $102 (if $92 flips to support)

May 2025 Litecoin Price Prediction: Could LTC Hit $120?

If, breaks above $100, and sees even modest inflows, it could challenge $115–$120 in May. Historically, after breaking long-term resistance, LTC rallies between 20–35% within 30 days.

Hypothetical ROI:
If you invest $1,000 at $85 and LTC hits $120, you’re looking at:

  • $1,000 / $85 = 11.76 LTC
  • 11.76 LTC x $120 = $1,411
  • Potential gain: +41%

Final Take: What Should Traders Watch?

Traders should closely watch for a volume confirmation above the $90 level, as a spike in buying interest could validate a potential breakout and shift momentum firmly in favor of the bulls. Another key technical event to monitor is the approaching golden cross — where the 50-day simple moving average (SMA) is on track to cross above the 200-day SMA.

This crossover is often seen as a strong bullish signal in traditional and crypto markets alike. Additionally, it would be wise to set alerts around the $88 and $100 price zones, as these represent immediate resistance levels. A successful flip of these levels into support could pave the way for a sustained rally. While Litecoin may not generate the same hype as meme coins, its underlying technical structure suggests that it’s preparing for a meaningful move. If market conditions remain favorable, May could very well be Litecoin’s breakout month.



Source

ShareTweetShare

Related Posts

Market Oracle Robert Kiyosaki Predicts Bitcoin’s Maximum Price This Year
BITCOIN

Market Oracle Robert Kiyosaki Predicts Bitcoin’s Maximum Price This Year

by Cryptoverse
May 17, 2025
Bitcoin to hit $130,000 on this date, according to analyst
BITCOIN

Bitcoin to hit $130,000 on this date, according to analyst

by Cryptoverse
May 17, 2025
Bitcoin Mining Just Got Tougher as Difficulty Spikes and Hashrate Slips
BITCOIN

Bitcoin Mining Just Got Tougher as Difficulty Spikes and Hashrate Slips

by Cryptoverse
May 17, 2025
Bitcoin to $120,000? Here’s What Must Happen First, per Analyst
BITCOIN

Bitcoin to $120,000? Here’s What Must Happen First, per Analyst

by Cryptoverse
May 17, 2025
Khamenei-linked crypto cartel accused of plunging Iran into darkness for profit
BITCOIN

Khamenei-linked crypto cartel accused of plunging Iran into darkness for profit

by Cryptoverse
May 17, 2025
$SUI, $SOL, $TIA, $DEEP, $FET, $HBAR as Bitcoin Dominance Dips
ALTCOINS

$SUI, $SOL, $TIA, $DEEP, $FET, $HBAR as Bitcoin Dominance Dips

by Cryptoverse
May 17, 2025
Stampacraft
USD EUR rates by TradingView

Latest Crypto News

Two Fresh Cryptocurrency Whales Accumulated Huge Amount of This Altcoin During Today’s Drop
ALTCOINS

Two Fresh Cryptocurrency Whales Accumulated Huge Amount of This Altcoin During Today’s Drop

by Cryptoverse
May 17, 2025

According to cryptocurrency onchain data, a fresh whale wallet that was recently created purchased a significant amount of an altcoin....

Read moreDetails
Cardano Price Crash Below $0.5 Likely Due To Death Cross

Cardano Dips as Whale Moves Slow and Death Cross Looms

May 17, 2025
Cardano Whales Slide as ADA Price Faces Potential Death Cross

Cardano Whales Slide as ADA Price Faces Potential Death Cross

May 17, 2025
Market Oracle Robert Kiyosaki Predicts Bitcoin’s Maximum Price This Year

Market Oracle Robert Kiyosaki Predicts Bitcoin’s Maximum Price This Year

May 17, 2025
Sonic Price Slumps as Top Wallets Dump Over 3 Million Tokens

Sonic Price Slumps as Top Wallets Dump Over 3 Million Tokens

May 17, 2025

Download CryptoverseNews App

  • About
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

© 2024 CryptoverseNews - All rights reserved.

No Result
View All Result
  • About
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

© 2024 CryptoverseNews - All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.