LTC Builds 1274-Day Triangle and Now Targets Key Move Above $100 Next

The chart shows LTC inside a large triangle where 1274 days of higher lows form a structure that now builds pressure near the breakout zone

The pattern forms a tight apex that signals a possible move toward the $300 region if price stays above the long accumulation band on the weekly chart

The setup shows clean compression with strong support lines that guide the next trend and traders now track this zone for a decisive breakout move

LTC approaches a major breakout zone after 1274 days of steady compression that shaped a large symmetrical triangle on the weekly chart. The structure shows a long range of higher lows that merge with a descending trendline from earlier peaks. This pattern signals that LTC may now face a decisive move as price trades near $84.

Long-Term Structure Shows 1274 Days of Accumulation

The chart displays a broad formation that spans more than three years of market action. The movement began after LTC reached earlier highs above $380. From that point, a series of lower highs developed while support formed rising lows across the same period. The combination created a large symmetrical triangle that now sits near its apex.

Inside this formation, LTC traded with repeated swings that held within two clear boundaries. The upper line formed a long descending range from the earlier cycle peak. The lower line shows a steady climb that reflects strong accumulation over the entire period. A marker on the chart confirms that this structure lasted 1274 bars on the weekly timeframe.

During this phase, LTC respected the boundaries with each move returning to the compression zone. The pattern tightened further as price action approached the breakout point in late 2025. The chart shows several reaction areas where buyers entered positions above the rising support. These reactions continued until the structure moved into the current narrow zone.

Key Zone Breakout Appears Likely as Price Moves Toward Upper Range

The text notes that a breakout above the key zone appears inevitable based on the strength of the structure. The chart shows the breakout zone near the upper boundary where LTC previously rejected. The projection shows possible upward continuation that may guide price toward the $300 region if the structure resolves upward.

The pattern also resembles earlier formations where LTC formed multi-year bases before large directional shifts. The long period of compression indicates strong consolidation rather than decline. With the support trend intact, the structure shows potential continuation if buyers maintain control near current levels.

A section of the chart displays a green projection that suggests a long advance if LTC clears the trendline. This projection forms a broad upward move that extends beyond $200 and approaches the $300 zone. The projection begins from the breakout point and follows a clean upward path. The long-term view shows this target as a structural possibility rather than a short-term move.

This setup brings a pivotal question for market observers. Will LTC break the upper range after holding the rising support for 1274 days and begin a new long-term advance?

Symmetrical Triangle Compression Forms Basis for Next Market Phase

The symmetrical triangle structure displayed on the chart shows strong compression in the weekly trend. The movement demonstrates higher lows that appear throughout 2023, 2024, and 2025. Each low creates a rising floor that leads into the apex of the triangle. The descending side shows repeated peaks that align along the upper trendline.

The text notes strong compression and accumulation, which align with the visual structure. The long period of sideways movement indicates market strength rather than weakness. The structure forms a tight apex that narrows near the current price zone. This narrowing often leads to large shifts when the trend resolves.

LTC trades near $84 on the chart as the structure holds firm. With this long multi-year triangle now in its final phase, traders watch the key breakout zone for confirmation. The structure suggests that a move above the descending boundary may guide the asset into a new long-term trend.

LTC-2.36%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)