Litecoin’s latest bounce has the LTC price above $110.
Analysts project an uptick to $140-$150 targets if momentum sustains.
Litecoin’s performance aligns with major altcoins like Ethereum and Solana.
Litecoin (LTC) price has climbed above $110 in the past 24 hours as investors eye a potential bounce toward $140.
This comes as market sentiment and technical indicators signal bullish strength for altcoins.
Litecoin price bounces above $110
Litecoin climbed past the $110 threshold on Friday, trading near $113 as of September 5, 2025.
The move reflects a 1.8% gain in the past 24 hours and leaves the token nearly 4% higher over the week, even as the broader cryptocurrency market has struggled.
The uptick comes at a time when other major altcoins, including Ethereum and Solana, have seen declines tied to profit-taking.
Holding above the $110 level is viewed as an encouraging sign for Litecoin bulls, who see the milestone as a potential base for further momentum.
Combining growing optimism around potential Litecoin spot ETF approvals, with Bloomberg analysts estimating a 90% chance of a SEC greenlight, and institutional interest in treasury bets, sees Litecoin trend as one of the coins to watch.
LTC price – what’s the forecast?
The last time LTC price hovered at key levels above $110 was when bulls rallied to highs of $132 in mid-August.
Gains in the past 24 hours aligned with Bitcoin’s flip to $112k after teasing support around $109k.
Bitcoin is holding near key levels amid expectations of a fourth-quarter rebound, and Litecoin may track its trajectory toward recent highs above $170.
Broader sentiment, however, remains cautious given ongoing macroeconomic concerns, including the risk of a slowdown in the US economy.
The upcoming US jobs report on Friday is expected to play a significant role in shaping near-term moves for Litecoin and the wider crypto market.
Also, technical and on-chain metrics paint an optimistic picture for Litecoin.
In particular, keeping $110 as a support could help push bulls into decisive action.
On the daily chart, LTC exhibits bullish signals, with the Relative Strength Index (RSI) at 48, but indicating a potential reversal.
Although sellers have pushed LTC below the middle line of a rising channel, the Moving Average Convergence Divergence (MACD) hints at a bullish crossover.
Litecoin chart by TradingView
What are the key levels?
Analysts highlight $110 as a key support level; holding above this could pave the way for a push toward $140, while a drop below might see LTC test $102 and then $94.
On-chain data support the bullish outlook, with nearly half of LTC’s supply held by large investors and long-term holders, indicating confidence in its long-term value.
However, recent spikes in exchange inflows suggest some traders may be preparing to sell near resistance levels, which could introduce volatility.
Large transaction volumes, which peaked at 4.93k when LTC neared $140 in January 2025, have since declined to 3.43k, reflecting consolidation.
A breakout above $137, where liquidity clusters exist, could trigger a short squeeze, potentially pushing LTC toward $145-$150.
The post Litecoin price prediction: can LTC reclaim $140 amid latest bounce? appeared first on CoinJournal.
