After several weeks of correction, the two largest cryptocurrencies, Bitcoin and Ethereum, have resumed strong upward momentum. Both were covered in detail in earlier analyses, and as often happens, their rallies have lifted the broader crypto market.

With multiple tokens now showing renewed strength, conditions appear increasingly favorable for portfolio diversification. The key question remains: “Which cryptocurrency could traders focus on next?”

Litecoin technical analysis

LTCUSD - 1 Day Time Frame

On the daily timeframe, the first significant observation is the sweep of Sell-Side Liquidity that Litecoin accumulated between August and late September. In simpler terms, traders who entered long positions during this period and placed Stop Loss orders below the August low were likely triggered by the final impulsive drop beneath that level.

However, this movement simultaneously provided larger market participants an opportunity to open buy positions, as such liquidity events typically match sell stops with buy limits.

That said, a complete setup requires confirmation to validate the broader buy scenario. For Litecoin, this confirmation occurred when a daily candle closed above a major resistance zone — signaling a clear shift in price delivery and establishing a fully valid buy setup. A protective Stop Loss could be placed below the internal low, as shown on the attached chart.

Litecoin price target

As with any structured strategy, predefined Take Profit levels play a critical role in managing outcomes. In the short to medium term, potential targets lie at the Buy-Side Liquidity levels around $134 and $147.

For participants with a longer-term outlook, the primary objective could extend toward the 2021 high — a level that, if reached, would represent a potential gain of approximately 150% for Litecoin.