With the cryptocurrency market heating up in mid-2025, Litecoin (LTC) is drawing the attention of traders and analysts. Recent analysis predicts a potential asset growth.
Current Situation in the Litecoin Market
According to technical analyst Ali, if Litecoin holds above the $100 mark, it could lead to a rally toward the upper boundary at $140. This forecast was shared on July 13, 2025.
Price Level Analysis and Forecasts
Data from TradingView indicates that Litecoin is in an ascending channel, suggesting sustained bullish momentum. Analysis shows that $100 serves as a critical support level, with a potential 30% upside to $165 if current trends hold. Ali's $140 target appears conservative yet achievable.
Background and Impact of Institutional Factors
Recent developments, including President Donald J. Trump's executive order establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile in March 2025, bolster confidence in cryptocurrencies. With Bitcoin approaching $120,000, altcoins like LTC may benefit from the current market uptrend.
The analysis shows that Litecoin is at the center of attention for crypto enthusiasts. With historical data and current market signals, LTC appears to be an asset worth watching in the coming weeks.