Litecoin Tests Multi-Year Triangle Resistance as Breakout Targets $285

Litecoin is pressing the upper boundary of a symmetrical triangle, signaling tightening price action and potential volatility expansion on the weekly chart.

The 50-week moving average near $103 continues attracting price, supporting higher lows and indicating accumulation within the long-term consolidation structure.

Breakout confirmation above $100 liquidity zone could trigger price advance to $140, $180, and $285, aligning with previous resistance and structural targets.

Litecoin (LTC) is approaching a pivotal moment as price action presses against the upper boundary of a multi-year symmetrical triangle, signaling a potential expansion in volatility on the weekly chart.

Litecoin Tests Multi-Year Resistance Pattern

Litecoin has entered a tightening phase within a symmetrical triangle that has defined its structure since the 2021 peak. The pattern reflects a long-term equilibrium between descending resistance and ascending support. As consolidation narrows, traders are closely observing whether Litecoin can break through the resistance zone.

Analyst Jonathan Carter (@JohncyCrypto) noted that Litecoin is “testing the upper boundary of the triangle pattern with consolidation tightening on the weekly timeframe.” According to him, a confirmed breakout could push the price toward $140, $180, and potentially $285. The comment aligns with broader technical observations suggesting that the asset’s volatility is contracting before a possible move.

The 50-week moving average, near $103, has repeatedly attracted price action, acting as a magnet for momentum. Litecoin continues to post higher lows, signaling that accumulation remains intact. Historical data shows that symmetrical triangles of this kind often resolve in the direction of the prior trend, lending weight to a potential continuation of the upward structure.

Meanwhile, the Volume Profile (VRVP) indicates concentrated trading activity between $85 and $100. This range has been a strong liquidity area where market participants have actively positioned, and a decisive move above it could trigger an accelerated advance toward higher resistance levels.

Technical Outlook and Potential Targets After Breakout

The current technical setup shows Litecoin in a critical decision zone. Momentum indicators remain neutral but are gradually shifting toward bullish territory. The tightening structure on the weekly chart suggests that volatility expansion may follow, especially if volume supports a breakout above resistance.

Analysts expect the first target at $140 if the move gains confirmation, marking the initial structural resistance. The $180 level represents an intermediate zone aligning with previous 2021 supply regions, while the $285 target aligns with the measured move projection of the triangle formation.

Carter’s analysis emphasizes the advantage of early positioning. “Position while others doubt. Profit while others chase,” he stated, summarizing the sentiment among traders awaiting confirmation of trend continuation. The long-term market structure, combined with sustained higher lows, reinforces the view that Litecoin could soon transition from consolidation to expansion.

Overall, Litecoin remains at a make-or-break level, with upcoming weekly sessions expected to determine whether it sustains its multi-year pattern and initiates a bullish phase.

The post Litecoin Tests Multi-Year Triangle Resistance as Breakout Targets $285 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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