Litecoin (LTC) Price Prediction: Litecoin Breaks $100 as Open Interest Hits $761M—Is a Major Rally Imminent?

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Litecoin (LTC) Price Prediction: Litecoin Breaks $100 as Open Interest Hits $761M—Is a Major Rally Imminent？

Litecoin (LTC) has broken through the important $100 level, sparking renewed interest among traders and investors after weeks of sideways movement.

Alongside this price milestone, Litecoin‘s open interest has hit a record $761 million, suggesting growing confidence in the cryptocurrency’s near-term prospects. Let‘s explore what’s driving this momentum and what it could mean for Litecoins price forecast.

Litecoin Price Breaks $100—What Does It Mean？

After several weeks trading between $82 and $96, Litecoin finally pushed past the $100 resistance, closing around $104.95 on July 18, 2025. This breakout signals strong buying pressure and a shift in market sentiment.

Litecoin extends its bullish wave cycle, breaking above May highs with more upside likely as ALTseason gains momentum—short-term pullbacks expected. Source: ew-forecast on TradingView

Technical analysis shows that Litecoin has surpassed a key Fibonacci retracement level near $100.32, often called the “golden ratio.” The next resistance points to watch are $107.60 and $112.25, with potential for Litecoin to reach around $130 if momentum continues.

Open Interest at an All-Time High

Litecoins open interest—the volume of active futures contracts valued—increased to a new record of $761 million during the 24-hour period. The increase is a sign of higher market participation and liquidity, since more buyers and sellers establish new positions.

Litecoin hits a record $747M in open interest, fueling speculation of a breakout rally toward the $120 zone. Source: BGECrypto via X

Roughly 7.6 million LTC coins are currently locked in futures contracts today. The increase in open interest alongside price appreciation is an encouraging indicator of sustained rally.

Positive Sentiment Backed by On-Chain Data

Data from IntoTheBlock reveals that 66.3% of Litecoin addresses are in profit, highlighting strong investor confidence. Roughly 50.9 million LTC addresses, valued at over $5 billion, are currently “in the money.” Meanwhile, only 15.2% of addresses are at a loss.

Litecoins volume of trade has risen over 50%, coming close to $1 billion. This activity growth is another sign of mounting demand and interest from institutional as well as retail investors.

Technical Indicators Suggest Strength

Several indicators are behind Litecoins upward trend. The Directional Movement Index (DMI) shows high bullish momentum with the positive trend indicator leading the negative one by a wide margin. The above 25 reading of the Average Directional Index (ADX) refers to a strong trend.

Litecoin shows strong bullish momentum as multiple technical indicators align, signaling a powerful uptrend .Source: hhMaxima38 on TradingView

The Moving Average Convergence Divergence (MACD) recently gave a bull signal, which underpins the bullish view. Although the Relative Strength Index (RSI) is high—about 78—occasionally utilized as a short-term pullback indicator, readings such as this have a tendency to persist in strong uptrends.

Institutional Interest and Litecoin ETF Prospects

Institutional support for Litecoin is increasing. NASDAQ-listed MEI Pharma recently announced a $100 million Litecoin treasury, a move signaling serious adoption by big players. Litecoin‘s creator, Charlie Lee, has also joined MEI Pharma’s board, aligning their missions for broader adoption.

MEI Pharma unveils $100M private placement to adopt a Litecoin treasury strategy—becoming the first publicly traded LTC holder on a national exchange. Source: John Zidar via X

Theres growing speculation that a Litecoin spot Exchange-Traded Fund (ETF) could be approved by the U.S. Securities and Exchange Commission (SEC) by the end of 2025. Approval would likely open the door for more institutional investors to gain exposure to Litecoin through regulated channels.

Litecoin Price Forecast: Whats Next？

In the short term, the price of Litecoin will have solid support between $96 and $100, turning the earlier resistance into a strong support. If it can maintain itself above this band, Litecoin might move towards the resistance levels of $107.60 and $112.25. Traders are seeing levels of around $120 to $130 in the short term.

Litecoin is gaining momentum, with a major rally possible—fueled by limited supply and increasing use as a digital payment option. Source: dipl_ing on TradingView

That is not to say, however, that investors should sit back and relax. The overbought RSI does suggest potential for short-term correction. Keeping an eye on key support levels and risk management will be essential as the rally continues.

Final Thoughts

Litecoins breakout through $100, record open interest, and mounting institutional buying support a good platform for future gains. While some caution is advisable due to overbought levels, the overall scenario seems to be good. If the momentum persists, Litecoin can likely prepare for a strong rally in the not-so-distant future.

Litecoin (LTC) was trading at around $102.44, down 6.18% in the last 24 hours at press time. Source: Brave New Coin

Investors interested in taking advantage of this scenario will need to keep track of Litecoin price projections and market action.