![Examining Possibility of Litecoin [LTC] Breaking Through $137, Potentially Igniting a Squeeze](/en/content/images/size/w1280/format/webp/20250824031552_litecoin-ltc-price-rally.jpeg)
Evaluating the potential for Litecoin [LTC] to surpass $137, causing a price surge
In the world of cryptocurrency, Litecoin [LTC] is making waves with its ongoing bullish trend. The digital asset has rallied over 10% in the past 24 hours, currently trading near $135 [1]. This upward momentum comes after a bounce near $104 and a sustained uptrend that has held for weeks [2].
The daily chart for Litecoin suggests a building momentum, with whales actively adding long positions [3]. However, the Stochastic RSI for Litecoin is deep in overbought territory at press time, indicating a possible short-term pullback before new yearly highs [4].
This potential pullback could occur near $160, should there be resistance, but the overall technical trends remain optimistic [5]. A decisive weekly close above the critical resistance zone of $135–$140 could trigger a significant upward rally, potentially propelling Litecoin’s price first toward roughly $175–$180 by late August 2025, and then possibly higher to $200–$240 or beyond throughout the year [1][2][3].
The Relative Strength Index (RSI) remains above 50, and the Moving Average Convergence Divergence (MACD) is trending upward, further signaling sustained optimism among traders [2]. The $135–$140 zone has historically acted as a strong resistance and liquidity cluster, so breaking it with conviction and volume may force short sellers to cover their positions, fueling further gains [2].
On-chain metrics also underpin Litecoin’s positive long-term prospects. Open interest in LTC futures has reached an all-time high ($1.26 billion), reflecting rising institutional and retail participation [1]. Active wallet addresses have increased by 12% in the past month, long-term holders control over 60% of the circulating supply, and transaction volume exceeds 250 million, all indicating robust network usage and investor confidence [1]. These factors suggest whale investors are accumulating and supporting Litecoin’s price for a sustained bullish trend.
The data for this analysis comes from CryptoQuant, while the data for liquidation bands comes from CoinGlass's Liquidation Heatmap. The dense liquidation bands for Litecoin are stacked between $135 and $137, indicating a large block of unmitigated short positions [6].
In summary, Litecoin is approaching a key breakout area around $137–$140 fueled by technical strength and whale accumulation, with strong potential for a long-term bullish trend if it decisively breaches this zone. While a short correction before another upward leg in Litecoin's price is not unusual, the combined effect of strong on-chain fundamentals, rising market hype, and positive technical trends points to a favorable setup for Litecoin to continue its upward trajectory possibly toward $200 or more as 2025 progresses.
[1] Data from CryptoQuant [2] Data from TradingView [3] Data from CoinGlass's Liquidation Heatmap [4] Data from CoinMarketCap [5] Analysis from various cryptocurrency analysts [6] Data from CoinMarketCap and CoinGlass's Liquidation Heatmap
