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Litecoin (LTC) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move

Litecoin (LTC) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbe2025/08/05 21:25
By: Nilesh Hembade
C-6.64%ETH-3.36%LTC+6.19%

Date: Tue, Aug 05, 2025 | 05:58 AM GMT

The cryptocurrency market is making a slight recovery from the latest sharp decline as the price of Ethereum (ETH) has rebounded to $3657 from its recent low of $3357. Following this bounce, several notable altcoins are starting to move higher — including Litecoin (LTC).

LTC has returned to the green zone today with strong double-digit gains, extending its monthly rally to an impressive 42%. Its chart is now showing the emergence of a significant harmonic pattern, pointing toward a possible continuation of its upward trend.

Litecoin (LTC) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern in Play

On the daily chart, LTC is forming a Bearish Crab harmonic pattern — a structure which, despite its bearish label, often precedes strong bullish advances during its CD leg. This final upward leg is currently in motion.

The pattern started at point X near $140.17, dropped to point A, rallied to point B, and then declined again to point C around $76.17. After bottoming at C, LTC regained bullish momentum, reclaiming the 200-day moving average and currently trading near $123.36.

Litecoin (LTC) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move image 1 Litecoin (LTC) Daily Chart/Coinsprobe (Source: Tradingview)

According to harmonic trading principles, the CD leg could carry LTC toward the Potential Reversal Zone (PRZ) around $187.81, aligning with the 1.618 Fibonacci extension of the XA leg. If achieved, this would mean a potential 52% upside from current levels.

What’s Next for LTC?

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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