- Litecoin is showing signs of waking up after years of quiet trading, with analysts eyeing a massive run toward $500–$2,000 soon.
- Experts say prices under $90 could be a golden entry point as Litecoin builds strength for what could be its biggest rally yet.
- Litecoin’s long calm stretch may be ending, with new charts hinting at a breakout that could multiply its value in the next cycle.
Litecoin (LTC) could be gearing up for a major breakout in the upcoming altcoin season. Analyses shared on X (formerly Twitter) by popular analysts combine historical data with technical projections to outline possible price targets well above current levels.
In the upcoming altcoin cycle, Litecoin might rise to between $500 and $1,000, which would be a 10x increase from its current price range, according to Crypto Patel. In contrast to its first two halving cycles, Patel pointed out that Litecoin, which is presently trading at about $93, has not yet hit a new all-time high after its third halving occurrence.
He advised traders to exercise patience and refrain from making rash purchases while suggesting that prices below $90 would provide long-term investors a significant accumulating opportunity.
Patel provided a chart that shows a number of significant historical rallies and corrections between 2014 and 2028. Trading volumes of 130.64 million, 56.22 million, and 9.88 million were observed during various phases, highlighting support and accumulation zones.
Patel’s chart outlined two potential upside targets — $371.31 as the first milestone, followed by an ambitious second target near $1,000. A note on the chart read “Invalidated Below $93.048,” indicating that sustained weakness below this level could negate the bullish setup.
Long-Term Elliott Wave Setup Targeting $1K–$2K
Meanwhile, Bitcoinsensus presented a long-term Elliott Wave analysis of Litecoin, projecting that the asset could reach between $1,000 and $2,000 within the ongoing market cycle. The chart, covering the period from 2012 to 2029, depicted Litecoin’s historical price structure through multiple five-wave patterns — a technical framework used to map cyclical market behavior.
According to the analysis, Litecoin has completed two full five-wave cycles since its inception. The first cycle ended around 2015, while the second extended through 2018, culminating in a parabolic rise. The subsequent years, from 2019 onward, have been characterized by prolonged sideways consolidation, which the analyst described as a “coiling phase” potentially leading to a large breakout.
Bitcoinsensus stated that Wave 5 of the current macro cycle appears to have begun in 2024, with price action forming higher lows within an ascending channel. Based on Fibonacci projections, the next major impulse wave could drive Litecoin toward the $1,618–$2,040 range by around 2027.
