Litecoin (LTC) could be gearing up for its next major breakout phase if it follows the same bullish trajectory that recently propelled Zcash (ZEC) to multi-year highs.
ZEC broke free from its long-standing descending channel in late October, soaring by nearly 685%—from around $60 to above $460—within a matter of weeks.
This breakout flipped several key resistance levels into support, including the 200-week exponential moving average (EMA) and multiple Fibonacci retracement lines, confirming a new macro uptrend.
Its RSI exploded to 94, underscoring euphoric buying conditions typical of early-stage bull markets.
Much like ZEC before its rally, Litecoin has spent years consolidating within a tightening symmetrical triangle pattern that has defined its price action since 2017.
The upper trendline, which has capped multiple rallies since the 2021 cycle top, currently sits around the $135–$140 area, while the lower support trendline stretches back to the 2015 lows.
After a fakeout breakout attempt in 2021–2022, LTC has continued to compress within the structure.
As of November, the coin trades near $86, hovering above key support from its 200-2W EMA (the blue wave near $81.92), an area that has historically acted as a springboard for rallies.
If Litecoin breaks above its multi-year resistance zone and repeats Zcash’s pattern, the next logical upside target sits near the 0.5 Fibonacci retracement level (~$171).
That represents nearly a 100% rally from current prices. Beyond that, further extension could open the door toward the 0.618 Fib level around $205, provided bullish momentum strengthens.
A breakout would also confirm Litecoin’s first true macro trend reversal in over seven years, potentially reestablishing it as a top performer among older-generation altcoins.
However, failure to clear the upper resistance trendline could result in another fakeout—a short-term rally followed by a correction—that would delay the breakout until early 2026.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.