- Litecoin forms a symmetrical triangle, price compresses below a long-term resistance near $134.
- Short-term indicators show bullish strength, with RSI at 63.60 and a bullish MACD.
- Market cap jumped from $109 billion to $113 billion in 24 hours.
Litecoin (LTC) price action is tightened within a multi-year symmetrical triangle. With market structure compressing and volume steady, LTC appears positioned for a major directional move in the coming days.
Weekly Chart Positions Litecoin Near Apex of Triangle
According to a recent update by Crypto Crew University, Litecoin’s weekly chart against Tether (USDT) shows price currently hovering around $112.43, just beneath the descending resistance line originating from mid-2021. This structure outlines a classic symmetrical triangle, suggesting increasing pressure as LTC approaches the apex.
RSI is near 50, and Stochastic RSI continues downward. These mixed signals reflect ongoing consolidation. The triangle’s resistance has repeatedly capped price moves since 2022, particularly near $134.37.
Should the triangle break to the upside, mapped resistance targets are $134.37 (T1), $178.96 (T2), and $223.65 (T3). Conversely, failure to break higher could lead LTC back toward the $90–$103 buy zone. This region aligns with the Point of Control (POC) and previous horizontal support levels.
Short-Term Momentum Is Bullish
On the 4-hour chart, Litecoin climbed by 1.09% to hit $114.11,suggesting buyers are starting to step in.The MACD indicator currently shows a bullish crossover (0.47 vs. 0.21), with a green, growing histogram — reinforcing short-term bullish momentum. RSI has climbed to 63.60 and broken above prior local peaks, indicating renewed strength in buying pressure.
If price can close above the $114.50–$115 range, analysts see potential upside towards $118–$120. Immediate support is observed near $110, offering a short-term safety net for bulls.
Market Cap Recovers After Temporary Decline
Litecoin’s intraday market capitalization chart reveals a V-shaped recovery following a ~3.5% dip. The market cap fell from over $113B to under $109B before recovering by mid-afternoon on September 5. This drop likely stemmed from brief selling or broader market unease.
Source CoinMarketCap
As of 4:00 PM, LTC’s market cap had returned above $113B, forming a bullish engulfing pattern and confirming renewed buying activity. The recovery was supported by stable volume and organic accumulation rather than speculative spikes.
This restoration of market value, when paired with the breakout attempt on the price chart, positions Litecoin at a potential inflection point. Traders are closely watching the next move, with either direction poised to shape LTC’s trend in Q4 2025.
