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08/05 07:56

Litecoin Price Breaks $120 – Springboard to $150 o

Litecoin Price Breaks $120 – Springboard to $150 or Breakout Ahead?

Litecoin (LTC) price is at a key point, trading just above the key $120 support zone after a strong breakout in recent sessions. The price action reflects growing bullish pressure, but the real test is whether this level can hold amid rising resistance. A successful defense of $120 could be the launchpad for a potential move towards the $135-$150 range in the coming days. However, a failure to hold this support could trigger a short-term pullback.

As market sentiment intensifies, traders are watching closely: will Litecoin break this level and continue its rally, or is it headed for a cooling phase?

  Since the beginning of the year, attention has shifted back to Litecoin, as evidenced by the fact that almost 12% of all transactions since its inception occurred in 2025. After a long consolidation, the LTC price has broken through the $114 threshold and the $120 support. One of the main reasons could be the increased likelihood of Litecoin ETF approval by the SEC95%, which prompted traders to take positions early.

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