Litecoin 2M Bollinger Band Width Reaches Record Lows, Analyst Predicts Rally

Market analyst Tony Severino highlights a significant development for Litecoin (LTC), noting the Litecoin 2M Bollinger Band Width has hit record lows, marking the tightest volatility in LTCUSD history. This technical setup suggests a bullish outlook for Litecoin.

The 2M candle closed as a Hammer above the Bollinger Band basis, indicating potential upward momentum.
A close above $120 by the end of 2025 could trigger a buy signal for LTC.
Litecoin's first spot ETF launch in the U.S. offers a positive fundamental development, though it trails behind Solana and Hedera ETFs in inflows.

Severino compares Litecoin's potential rally to ZCash's previous 10x rally, while another analyst, Hal, predicts a 300x rally, contingent on an initial drop to around $30.

Rally Predictions

XForce forecasts a 99% chance of LTC rallying above $300, potentially reaching $345, linked to nine years of accumulation.
Bitcoinsensus suggests LTC could rise to between $1,000 and $2,000 based on its current macro setup and six years of consolidation.

Currently, Litecoin trades at approximately $94, reflecting a 5% decrease over the past 24 hours, according to CoinMarketCap data.