As the cryptocurrency market heats up in mid-2025, Litecoin (LTC) is drawing attention from traders and analysts alike.
A recent post by technical analyst Ali @ali_charts on X highlights a promising setup for LTC, suggesting a potential rally to $140 if the current price holds above the $100 mid-channel level. This analysis, shared early on July 13, 2025, aligns with broader market trends and institutional developments, making it a focal point for crypto enthusiasts.
The chart, created with TradingView, showcases Litecoin’s price action within an ascending channel, a pattern indicating sustained bullish momentum. Ali’s observation that $100 serves as a critical support level is supported by recent market data. According to Coinspeaker’s February 2025 report, LTC traded at $125.81 with a bullish 4-hour Relative Strength Index (RSI) crossing above 50, signaling growing momentum. If the current support trendline holds, a 30% upside to $165 is plausible, though Ali’s $140 target remains a conservative yet achievable milestone.
This potential move challenges earlier bearish forecasts, reflecting a shift in market sentiment.The backdrop to this analysis includes significant institutional adoption. President Donald J. Trump’s March 2025 executive order establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile has bolstered confidence in cryptocurrencies, including Litecoin.
With Bitcoin nearing $120,000 as per FastCompany’s July 2025 analysis, altcoins like LTC are poised to benefit from the ensuing altseason. Historical data from TradingView also supports this outlook, noting an 8-year accumulation pattern and a current test of the $88.5 resistance level, which could trigger a breakout reminiscent of past 100% rallies.
However, volatility remains a concern. The crypto market’s unpredictable nature suggests traders should watch for confirmation signals, such as a sustained hold above $100 or increased trading volume. For now, Ali’s analysis offers a compelling case for Litecoin’s upward trajectory, making it a cryptocurrency to watch closely in the coming weeks.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
