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Altcoin News

Litecoin Forms Bullish Flag Post 10% jump, Will It Cross $80?

For this bullish flag pattern to play out, Litecoin needs to break above the $76–$77 resistance zone.

Written By Dishita Malvania
Published 2025-04-10·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Litecoin Forms Bullish Flag Post 10% jump, Will It Cross $80?

On April 9, 2025, Litecoin (LTC) made a big splash in the crypto market, jumping nearly 10% in three hours—from $71.02 to $77.58 between 7:30 PM and 10:30 PM. This spike followed news that Trump had paused tariffs, which helped kick off a larger market rally. 

The entire crypto market felt the lift, climbing 7% to hit a total value of $2.6 trillion. Bitcoin and Ethereum also posted solid gains, setting off a ripple effect that helped fuel Litecoin’s surge.

Take a closer look at the chart, and we can spot a classic “bullish flag” pattern forming. It’s a favorite among traders. The pattern kicks off with what’s known as the “flagpole”—that steep climb from $71 to $77.58—backed by heavy buying pressure and strong volume, recording in at 313.5K.  

Litecoin price chart
Source: TradingView

After reaching its peak, Litecoin didn’t drop sharply. Instead, the price started moving in a tight, slightly downward range between $74.50 and $77—this is known as a “flag” pattern. 

Right now, the price is taking a breather, with buyers and sellers more or less balanced. It’s a calm phase after the spike, but signs are pointing to a possible move upward soon.

For this bullish flag pattern to play out, Litecoin needs to break above the $76–$77 resistance zone—and it will need strong trading volume to make that breakout count. 

If it manages to do that, there’s a good chance the price could climb another $6.55 (same as the earlier jump), reaching around $83. That would be about an 8.5% gain from the breakout, or roughly 11.5% higher than where it is now. 

But if Litecoin drops below $74 with a lot of selling pressure, the bullish setup falls apart, and the price could head lower instead.

Currently, Litecoin is priced at $74.88, with 6.45% pump in 24 hours, market cap valuing at $5.65 billion and 24-hour trading volume, valuing at $684.38 million, surging 11.40%.

This isn’t just Litecoin’s story—broader market momentum, like Bitcoin topping $82K and Ethereum jumping 13%, is fueling optimism. For non-crypto folks, think of it like a stock on a hot streak pausing before another push upward.

Also Read: Fartcoin Price Pumps 47% in 24 Hrs Amid Trump Paused Tariffs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Litecoin (LTC)
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