Litecoin (LTC) is expected consolidate in January 2025 with the intention to prepare a bullish move in February and/or March.
RELATED – Litecoin (LTC) prediction 2025
Before looking at price related Litecoin information, we would like to emphasize the importance of focus. We agree with this post on X:
There’s literally too many tokens. It’s beyond absurd and overwhelming at this point.
While not specific to $LTC, it is a fact that there are way too many tokens out there right now.
That’s why focus is so important.
Given continuous improvement and development in Litecoin, we believe it’s a token worth focusing on.
Litecoin – stable growth
One of the common mistakes of crypto investors is to look for the wrong metrics that influence price.
Short term price catalysts are not the ones you would expect.
While the hashrate growth is a great metric, suggesting stability and growth, it may not directly influence the price of LTC, certainly not short term.
Litecoin’s hashrate this year. The #Litecoin network is the most secure it’s ever been! $LTC ⚡️ pic.twitter.com/tbTG4iGj0O
— Litecoin Foundation ⚡️ (@LTCFoundation) December 31, 2024
We think of stable growth of a project as a nice foundation, not a price driver, certainly not short term. We love the stable growth trajectory of Litecoin. Again, this may not directly influence the price of LTC, certainly not short term.
⚡LITECOIN IS GLOBAL⚡️
🚷 Decentralized
🌎 Liquid
↔️ Borderless
📖 Permission-less
💪 Immutable
🔄 Fungible with opt-in privacy
Litecoin is #SoundMoney pic.twitter.com/G0ixqxrQ3S— Litecoin Foundation ⚡️ (@LTCFoundation) December 29, 2024
Litecoin (LTC) Price Analysis for January 2025
That’s why it’s important to stay focused on the chart.
Below is the LTC chart, daily timeframe, with our annotations. It’s the same chart that we feature in our LTC price prediction research area (in our premium crypto research service, we discuss more details than in the public domain).
In January 2025, Litecoin (LTC) is expected to consolidate in the area indicated with ‘2025 support’. That’s not because we think so or hope so. That’s because the timeline does not suggest momentum (until the last week of January / early February).
We believe LTC will create solid support around its 61.8% Fib level ($98) in January 2025, a buy the dip level, see fine red line on our chart.
Litecoin (LTC) Breakout
While many talk about an LTC breakout, also suggested by the following post, we partially disagree.
Next target $170. I am now max bullish on $LTC. Every pattern aligns at once. This should be the week we move.#Litecoin pic.twitter.com/3QcpVs4LiR
— Litecoin Lion (@litecoinlion) January 6, 2025
While the falling trendline breakout is a fact, it’s just one of the important trendlines on the LTC chart.
As shown above, there is a much (much) more important chart ‘event’ on Litecoin’s chart – its 50% Fib level (fine purple line).
LTC will break out once it convincingly clears $132. That’s when the acceleration (higher) will occur. Between now and then, it will need to create solid support, which is what it is expected to do in January 2025. This will pave the way for a breakout in Feb/March provided a few conditions are in place (which we covered in great detail in our latest premium report, see below).
Read our latest premium report featuring Litecoin among other tokens: Jan 15th, 2025 A Decisive Date for Crypto + Key Insights on THETA, LTC, and FIL.
