$LTC Multi-Year Wedge Compression ā Silver to Bitcoin's Gold Set for Breakout? ā”š
Litecoin's 3W chart shows a textbook 7-year descending wedge tightening at the apex, with the price (~$80) retesting the lower support (~$75ā$85) after rejecting the upper trend line from 2021 ATH. Volume at multi-year lows ā classic setup for explosive resolution.
Bullish signals stacking:
ā 6th clean touch of wedge support
ā Higher low vs 2022ā2023 bear lows
ā Weekly RSI (14) coiling at 45 with bullish divergence
ā MACD histogram flattening for crossover
Targets on breakout:
ā $130ā$150 short-term (wedge measured move)
ā $200ā$250 mid-2026 (fib 1.618 extension)
ā $400+ full cycle mania (ATH retest)
Invalidation: Weekly close under $60 voids pattern.
LTC's speed + low fees position it perfectly for payment adoption.
