Chart Patterns and an ETF Launch Could Send Litecoin to the Moon – Analyst

A renowned cryptocurrency analyst on X has predicted a potential bull run for Litecoin, citing several indicators that could trigger the cryptocurrency’s next price rally.

In his latest post, the analyst outlined fundamental and technical factors he believes align to form a confluence that would push LTC’s price higher.

Before highlighting the technical indicators from Litecoin’s daily price chart, the analyst cited an upcoming spot LTC ETF as a potential trigger that would initiate the crypto asset’s bull run.

Additionally, he spotted a crucial chart formation, reflected as a bull flag, noting that breaking out of that structure would cause LTC’s price to pump.

In the meantime, the renowned crypto investor observed that Litecoin’s price is slightly below the 20-day Exponential Moving Average (EMA), while the Moving Average Convergence Divergence (MACD) indicator is trending upward. The MACD situation suggests an upward momentum for Litecoin that could push the price into a bullish region to activate the bull run predicted by the investor.

Litecoin formed a bull flag pattern after retracing from a recent rally between April and May 2025. LTC’s price surged 70% between the beginning of April and the middle of May, flipping the crypto asset’s sentiment into a bullish narrative. Meanwhile, the latest pullback caused a 29% decline, which saw LTC’s price drop to $76.21 before rebounding to $85.40 at the time of writing.

Breaking out of the bullish flag could see Litecoin heading for the psychological target around the $100 region. That would coincide with the significant resistance from the latest rally, aligning with the tip of the bullish flag pattern.

Despite the classic nature of LTC’s technical structure, prevailing trends show that crypto price surges depend on triggers that initiate bullish moves. The investor considers a potential Litecoin ETF crucial enough to cause the cryptocurrency’s price to break above resistance and deliver a notable rally.