bullish

Litecoin

Toncoin

Momentum

Resistance

<p>Crypto analyst ZAYK Charts has highlighted breakout formations in <a href="https://captainaltcoin.com/analyst-maps-litecoin-ltc-price-path-to-200-one-breakout-might-be-enough/" target="_blank" rel="noopener noreferrer nofollow">Litecoin (LTC)</a> and Toncoin (TON), indicating potential upward momentum for both tokens. Through tweets, ZAYK Charts pointed to key technical indicators that suggest a bullish outlook for LTC and TON in the coming months.&nbsp;</p>
<p>LTC’s trendline breakout on the weekly chart hints at a price surge, while TON’s falling wedge pattern on the daily chart signals the potential for further gains.</p>
<h2 class="wp-block-heading" id="strong-ltc-breaks-long-term-downtrend-strong"><strong>LTC Breaks Long-Term Downtrend</strong></h2>
<p>ZAYK Charts’ analysis shows that Litecoin has broken above a descending trendline on its weeky timeframe. This trendline has held since 2021, representing a prolonged downtrend. The breakout above this line suggests a reversal toward a potential uptrend.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LTC</a> Breaking out trendline in 1W Timeframe<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>It will hit $300 in the next 2 to 3 months<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/LTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LTC</a> <a href="https://twitter.com/hashtag/LTCUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LTCUSDT</a> <a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Litecoin</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/H5bBBAQAFk" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/H5bBBAQAFk</a></p>— ZAYK Charts (@ZAYKCharts) <a href="https://twitter.com/ZAYKCharts/status/1856995256929042633?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 14, 2024</a>
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<p>According to the analyst, this shift in trendline <a href="https://coinmarketcap.com/currencies/litecoin/" target="_blank" rel="noopener noreferrer nofollow">positions LTC</a> for a price target of $300 within two to three months. The price projection aligns with a calculated gain of approximately 278.34% from the breakout level.&nbsp;</p>
<p>The $80–$85 breakout range now serves as a support level where buyers may step in if there’s a price pullback. Meanwhile, the $300 mark, a previous high, becomes a significant resistance level and psychological barrier for investors. The recent weekly trendline breakout marks a promising indicator of renewed buying interest.</p>
<p><strong><em>Read also: <a href="https://captainaltcoin.com/xrp-price-hits-multi-year-resistance-break-could-1-03-be-next/" target="_blank" rel="noopener noreferrer nofollow">XRP Price Hits Multi-Year Resistance Break, Could $1.03 Be Next?</a></em></strong></p>
<h2 class="wp-block-heading" id="strong-ton-bullish-continuation-expected-after-wedge-breakout-strong"><strong>TON Bullish Continuation Expected After Wedge Breakout</strong></h2>
<p>In his analysis of Toncoin, ZAYK Charts points out a falling wedge pattern on the daily chart. This formation, known for its bullish implications, has been broken to the upside, suggesting that TON may be <a href="https://www.coinspeaker.com/toncoin-ton-notcoin-not-on-verge-major-bullish-breakout/" target="_blank" rel="noopener noreferrer nofollow">ready for further gains</a>.&nbsp;</p>
<p>The analyst notes that TON is currently in the retesting phase, a common step after a breakout where the price revisits the breakout level for confirmation.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/TON?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TON</a> Falling Wedge Breakout is Done &amp; Retesting is in Process<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Expecting 50-60% Bullish Wave<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/270d.png" alt="✍" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/TON?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TON</a> <a href="https://twitter.com/hashtag/TONUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TONUSDT</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/pxrPajz1Wq" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pxrPajz1Wq</a></p>— ZAYK Charts (@ZAYKCharts) <a href="https://twitter.com/ZAYKCharts/status/1856916454593237022?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 14, 2024</a>
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<p>ZAYK Charts predicts a potential 50-60% price increase for TON, projecting a target <a href="https://coinmarketcap.com/currencies/toncoin/" target="_blank" rel="noopener noreferrer nofollow">price</a> around $8.5 from the breakout level near $5.3. This projection is based on the height of the wedge pattern, a standard method for calculating breakout targets.&nbsp;</p>
<p>The $4.5 level, representing the lower boundary of the wedge, acts as support if TON experiences a pullback during the retest. Successfully holding above this level could further support TON’s bullish continuation.</p>
<h2 class="wp-block-heading" id="strong-market-sentiment-and-momentum-strong"><strong>Market Sentiment and Momentum</strong></h2>
<p>These breakout patterns in both LTC and TON, as highlighted by ZAYK Charts, indicate potential buying momentum.&nbsp;</p>
<p>For LTC, the weekly breakout suggests a long-term bullish shift, while TON’s falling wedge breakout offers a bullish continuation signal if the retest holds.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/litecoin-ltc-and-toncoin-ton-price-charts-signal-potential-bullish-moves/" rel="noopener noreferrer nofollow">Litecoin (LTC) and Toncoin (TON) Price Charts Signal Potential Bullish Moves</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Litecoin (LTC) and Toncoin (TON) Price Charts Signal Potential Bullish Moves

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