Litecoin (LTC) continues to exhibit price action tightening within a multi-year symmetrical triangle, alongside a rise in market capitalization.
Symmetrical Triangle on the Chart
According to a recent update by Crypto Crew University, Litecoin's weekly chart shows price currently hovering around $112.43, just beneath the descending resistance line from mid-2021. This structure outlines a classic symmetrical triangle, suggesting increasing pressure as LTC approaches the apex.
Short-Term Bullish Signals
On the 4-hour chart, Litecoin climbed by 1.09% to hit $114.11, suggesting buyers are starting to step in. The MACD indicator currently shows a bullish crossover with a rising RSI of 63.60, indicating renewed strength in buying pressure.
Market Cap Recovery
Litecoin's intraday market capitalization chart reveals a V-shaped recovery following a ~3.5% dip. The market cap rebounded to above $113 billion, confirming renewed buying activity.
With the recovery of market capitalization and the breakout attempt on the price chart, Litecoin is at a potential inflection point. Traders are closely watching the next move, as either direction could shape LTC’s trend in Q4 2025.
