Last week Litecoin produced a very strong bullish signal in the form of a hammer candlestick pattern.
This signal is quite revealing. The long lower wick of the candle reached below the 16-Dec. 2024 low and yet closed much higher. This close happened above the 1-April 2024 session open and close. Revealing that a market flush was successfully completed.
The action this week is even more revealing and works as confirmation. A very strong bullish candle, full green, trading higher on the session body than all previous weeks since the last peak in early December.
The most revealing signal as well as supportive of a new bullish wave developing now, is the high volume. This week is producing the highest volume ever on this exchange.
Currently, LTCUSDT sits at $131. I can see easily prices above $200, $300 and even $400 but this wouldn't be equal to the All-Time High. The end price for this bullish cycle can end much higher. Try searching for LTCUSDT in my profile for additional information on this part, or wait for a new publication where the focus will be the 2025 All-Time High.
A session close this week above $121, tomorrow, confirms a very strong reversal of the recent correction dynamics as well as the resumption of the bullish trend. The latest bullish trend started with the low in early August 2025.
It seems Litecoin will be one of the known projects to move early and with force in this cycle. Maybe a good option to add to a highly diversified portfolio. This pair can also hold big capital and has stability. It has been proven trustworthy based on its longevity. A point that can be relevant to whale holders, investors and traders.
The low is in. The correction is over. Right now it is the time for sustained growth.
The anticipation is amazing. We are ready. We are ready. How good can it get? How high can the market really grow?
Are we seeing the start of a break of a major pattern? The four years cycle. Will Crypto enter its first ever 10 years long bull-market? It is too early to say.
I can say for sure that 2025 will bring us tons of growth, tons of innovation, lots of improvements, a change in the fundamentals and regulations that rule the market. Cryptocurrency is now legal. Cryptocurrency is here to stay.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.