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Litecoin-Rally: LTC over $ 118-target course $ 130 in sight!
LTC noted over $ 118. Strong bullish trend with forecasts for $ 130. Analysis of trade volume and support level.
Litecoin-Rally: LTC over $ 118-target course $ 130 in sight!
On October 2, 2025, the Litecoin (LTC) course shows an impressive performance because it acts over $ 118 and has grown over 10% this week. This upward trend is supported by an increase in the open interest (OI) and the commercial volume. Loud Fxstreet indicate technical analyzes that LTC could achieve a potential upward destination of over $ 130.
The development of the futures OI, which rose from $ 797 million on Tuesday, increased to $ 955 million on Thursday. This increase has been the highest value since September 20th. An increasing OI can indicate fresh capital that flows into the market, which could continue to drive the price rally. In addition, Litecoin's trading volume has attracted remarkably, from $ 286.70 million on Tuesday to $ 1.05 billion on Thursday, the highest level since August 15.
Technical indicators and price goals
The support for LTC was found on September 25 for the 200-day exponential sliding average (EMA) at $ 103.61. The course rose by 12.5%within just a few days. The important support levels include:
- Volume Profile POC bei 102,62 US-Dollar
- 50% Retracement-Level bei 98,68 US-Dollar
- Steigende Trendlinie seit Anfang April
The trading price of $ 118 is currently located, the resistance is estimated at $ 130. The relative strength index (RSI) on the daily chart shows a value of 61, which indicates a potential bullish dynamic. In addition, the moving average convergence divergence (MACD) signaled a bullish crossover on Wednesday, which can be interpreted as a purchase opportunity.
Market forecast and possible correction
Although the prospects appear positive, there is a possibility that LTC could go through a correction that could lead to a decline towards the 200-day EMA at $ 103.61. It remains exciting how the Litecoin course will develop in the coming days because market participants pursue the dynamic movements.