Litecoin Price Eyes Breakout as Whale Holdings Surge, Will LTC Rally to $165?

• Litecoin exceeds the $134 margin and confirms an inverted head and shoulders pattern which could mean a potential upside of $165-$170. 
• Whales accumulated over 420M LTC since Q1 2025, with an average transaction of $45,190 to $54,000. 

Litecoin (LTC) experienced massive gains and strength, rising over 25% in a week. It trades above $120, holding steady despite market swings. Bulls defend this level, preventing a downside move. For sustained momentum, LTC must maintain support above this zone.

A breakout above $134 confirms an inverted head and shoulders pattern, a classic bullish signal. This setup suggests a 30% upside, targeting $165–$170 in the short term.

Whale accumulation also played a significant role in this bullish rally. Whales have accumulated over 420 million LTC since the beginning of 2025. The average purchase of each transaction ranges from $45,190 to $54,000. Whales hope to hodl for long term and seem confident about the token. 

Technical Analysis Point to a potential $170 Breakout

Several indicators suggest Litecoin might extend its rally. Litecoin’s 4-hour RSI now sits above midpoint, maintaining a bullish momentum. LTC continues to trade above the 100-day EMA at $119, with $115 acting as a strong secondary support.

Fibonacci retracement levels place Litecoin’s next major target at $170, aligning with the 161.8% Fibonacci extension. If bulls maintain control, LTC could test this level in the coming sessions.

Litecoin’s Fibonacci retracement levels suggest that LTC’s next major target lies at $170, which corresponds to the 161.8% Fibonacci extension. 

If the bullish breakout sustains above $134, the path toward $165 and potentially $170 remains open. However, if LTC fails to hold above $120, a retracement toward the $114-$117 range could be in play.

ETF Speculation Fuels Litecoin’s Uptrend

The recent hype surrounding potential Spot ETFs for Dogecoin (DOGE) and Ripple (XRP) has also influenced Litecoin’s trajectory. As the SEC acknowledged fresh ETF filings, investor sentiment turned positive, leading to increased whale demand. Fox Business Journalist Eleanor Roosevelt already mentioned how the SEC acknowledged Litecoin’s ETF since January 29. 

This trend suggests that Litecoin could benefit from broader institutional adoption, further reinforcing its bullish outlook.