Litecoin Shows 2017-Like Rally, Eyes $135 as ETF Hope Grows
Litecoin, the fifth-largest crypto, is showing promising signs reminiscent of its 2017 rally. Traders are eyeing a potential breakout, with the price currently hovering around $119.64 and analysts comparing the current setup to a bullish pattern that preceded a massive price increase four years ago.
Litecoin has been making steady gains, up 1.45% in the last 24 hours, and is now targeting the $135 level. The crypto recently broke above the $117 mark, confirming a bullish pattern that had been developing for weeks. As of October 4, 2025, Litecoin price hovers near $120, representing a 13% weekly gain.
Analysts are excited about the prospect of a Litecoin ETF, with several filings awaiting approval. Institutional investors are closely monitoring regulatory discussions, which could drive further growth. The chart reflects a strong breakout, with a decisive push above horizontal support around $110 and consolidation near $120. The immediate resistance lies between $130 and $135, with potential higher levels in the months ahead if Litecoin closes firmly above this range.
DonAlt, a prominent analyst, has predicted upside potential and a possible short-term price pump. This is supported by increased Litecoin open interest and prediction markets assigning a 96% probability for a Litecoin ETF approval. However, risks remain, including breakout failures, volatility, and regulatory uncertainty.
Litecoin's fundamentals, including network usage and adoption metrics, have been steadily rising, suggesting the market may be undervaluing the cryptocurrency. With the next halving event expected in mid-2027, which will limit new supply, Litecoin's prospects look promising. Traders should keep an eye on the $130 to $135 resistance level and regulatory developments surrounding the potential Litecoin ETF.
