Litecoin Eyes $180 After Flipping AVAX & SUI—What’s Next for LTC?

• Litecoin’s bullish momentum hinges on breaking the $140 resistance, potentially pushing it toward $180.
• Long-term holders accumulating LTC and increased trading volume indicate strong investor confidence.

Following recent developments, Litecoin (LTC) has been leading the crypto market recovery, as highlighted by CNF, recording impressive gains and outperforming the top 20 assets. Currently, Litecoin has demonstrated remarkable resilience, defying broader market trends by surpassing major assets like Bitcoin (BTC) and Ethereum (ETH).

Additionally, IBC Group Official previously shared that if LTC breaks past the $140 resistance level, it could push toward $182.50.

LITECOIN BREAKS OUT: CAN LTC HIT $150 NEXT?

While the rest of the crypto market struggles, Litecoin (LTC) is flexing hard – up 24% in a week and now trading above $129

This surge has flipped AVAX and SUI, with trading volume spiking 27%.

But here’s the twist – long-term… pic.twitter.com/sTW9VoW4jb

— IBC Group Official (@ibcgroupio) February 19, 2025

The recent price surge has not only elevated Litecoin’s market position but has also attracted significant attention from traders and investors. Data indicates a 65% increase in trading volume and a 7.5% rise in daily active addresses over the past day, highlighting growing market engagement.

On-chain analytics reveal that long-term holders are accumulating LTC, with exchanges witnessing an outflow of approximately $3.15 million worth of tokens. This trend suggests bullish sentiment among seasoned investors, potentially creating buying pressure that could drive prices higher.

What’s Next for LTC? Key Resistance Levels and Future Projections

Despite the upward momentum, Litecoin faces critical resistance at the $140 level, a historical barrier that has previously triggered selling pressure. Technical analysis highlights the formation of a bullish inverted head and shoulders pattern on the daily chart, with $140 resistance serving as the neckline.

A decisive break above this level, accompanied by strong trading volume, could pave the way for a 25% rally, targeting the $180 mark in the near term.

Nevertheless, Litecoin’s recent performance showcases its potential to defy market trends and achieve significant gains. However, traders should closely monitor key resistance levels and market dynamics to assess the sustainability of this upward trajectory.

At the time of writing, LTC is trading at $129.33, reflecting a 3.43% decrease in the past day but a 5.50% surge over the past week, according to CoinMarketCap data. See LTC price chart below.

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