Litecoin (LTCUSD) – A Massive Move Brewing? 1350$ Target Aligns Litecoin has been consolidating in a symmetrical triangle for nearly a decade on the macro 6M chart. Despite recent price weakness, the structure remains bullish. The triangle’s apex is nearing, and historically, such long-term squeezes lead to explosive moves.
Here’s the interesting part:
If we project the distance from the triangle’s base to its tip onto a breakout point (end of triangle), the target aligns perfectly with the 3.618 Fibonacci extension, which is around $1350.
This isn’t just a random number — it implies a market cap of around $100B for Litecoin, which is absolutely imaginable in a scenario where:
• Bitcoin reclaims its ATH,
• BTC dominance declines (altseason begins),
• and sentiment shifts risk-on for large-cap alts.
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Fundamentals Supporting the Move:
• MWEB (MimbleWimble Extension Block): Adds optional privacy and fungibility.
• ETF speculation & recognition by major institutions like Grayscale and Fidelity.
• Payment use cases remain strong – LTC is still one of the most used coins for transactions.
• Memetic potential: The rise of meme culture can shift retail attention quickly.
• Historical correlation with BTC cycles.
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Technicals:
• Price respecting triangle structure
• Holding macro higher lows
• Fibonacci levels show confluence with projected breakout
• RSI hovering in neutral zone – lots of room for upside
• Low volume suggests coiling pressure building up
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Key Levels:
• Support: $65–70 zone (bottom of triangle)
• Resistance/Breakout Trigger: ~$140
• Fibonacci Targets:
• 0.618: $255
• 1.618: $630
• 3.618: $1350
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Potential LTC/BTC Ratio:
If LTC hits $1350 and BTC retests ATH, that gives LTC/BTC a ratio of 0.01, a historic level and psychological milestone.
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Conclusion:
All eyes on this triangle. Fundamentals are aligning with technicals. If the bull market resumes and BTC dominance breaks down, Litecoin is poised for a breakout that could surprise many.
Let the triangle decide. 🚀
