Litecoin (LTC) has gained over 60% since its April lows, approaching the $100 mark due to renewed market optimism and a halving event on the horizon.
Technical analysts predict a possible rally toward $130 as LTC shows strong momentum by breaking key resistance levels and forming a bullish flag pattern.
The upcoming Litecoin halving cycle, scheduled for early 2026, is seen as a bullish catalyst for investors due to the reduction in block rewards, historically leading to substantial price rallies.
Despite diverging forecasts, with price projections ranging from $105 to $208, current indicators suggest a positive outlook for Litecoin, with strong technical analysis and key resistance levels being challenged.