Litecoin surges: The range of $120 - $125 is in sight

Litecoin (LTC) is regaining momentum, currently trading at $114 after rising 20% in the past seven days. Trading Volume has also increased by 1.30%, reaching 1.27 billion USD, signaling that trading activity is vibrant.

In just one week, LTC has increased by 24%, reaching a peak of $119.21. With this trend, many investors believe that the upward momentum is gradually forming again.

Bullish targets $125 as momentum rises

Analyst Naveed noted that Litecoin has surpassed a significant resistance zone and filled the "fair value gap" as previously predicted. He believes that the next target for LTC lies within the range of $120 - $125, an area considered a potential breakout point.

Source: TradingViewOptimism is not just limited to the short term. Some analysts predict that LTC could reach $262 by 2025, despite a less than favorable start this year.

This forecast includes a scenario where LTC rises to $140, drops below $94, and then recovers strongly. If this scenario occurs, this altcoin could approach the historical peak of $413, an ambitious target.

Analysis by Naveed | Source: X## Litecoin sentiment shifts to optimistic

According to CoinCodex, the short-term outlook for LTC is also quite optimistic with a forecast increase of 15% to $134 by August 22, 2025. Technical indicators currently show a "bullish" signal, while the fear and greed index reaches 74, reflecting a high level of confidence, even somewhat "greedy" among investors.

LTC Price Prediction | Source: CoinCodexIn the last 30 sessions, Litecoin has had 19 sessions of price increase, accounting for about 60% and averaging around 11%. This indicates that an upward trend is occurring but not in a straight line, still interspersed with corrections, a familiar characteristic of the crypto market.

Next target: $140

If it successfully breaks through the resistance level of $125, LTC could pave the way for a new upward trend to $140. This price level is not only technically significant but also attracts substantial interest from the community and exchanges. The volume of discussions on social media and trading activity is also rising sharply.

Source: TradingViewHowever, the market is still strongly influenced by macro factors such as interest rates, inflation, or new regulations on cryptocurrencies – factors that can quickly change investor sentiment.

However, Litecoin still shows more stability compared to many other altcoins this month. With a short-term target of $134 and the potential to reach $262 in 2025, LTC is signaling positive signs of a comeback.

However, whether this upward trend can be sustained will depend on what happens next – especially the reaction of LTC around the $125 level.

Vincent