BREAKING: LTC Rips Toward $57 As Bulls Eye $60 Breakout

JUST IN: Litecoin trades at $56.90, up 0.1% in the last 24 hours. Market cap sits at $4.39 billion. Volume hits $298 million.

LTC is the 22nd-ranked crypto by market cap. Circulating supply: 76.94 million coins. The cap is 84 million.

BREAKING: Buyers are pressing into resistance at $58.90. Support holds at $56.90.

A clean break above $58.90 puts $60.60 in play next. Failure flips the tape — bears target $56.02 on the downside.

The Fear and Greed Index reads 50. Neutral. Volatility is low at 1.53%. Green days run 16 out of the last 30. Just over half.

JUST IN: Litecoin's 14-day RSI prints 47.36. Right at the midline.

The 50-day SMA at $55.08 flashes buy. The 200-day SMA at $70.36 still flashes sell. Short-term bulls are winning. Long-term bears are not done.

BREAKING: All short-cycle EMAs — 3, 5, 10, 21, 50 — are firing BUY signals. The 100 and 200-day EMAs are still SELL. The squeeze is on.

Sentiment turned positive on the daily chart. The 4-hour shows bulls defending the EMA20. The Balance of Power indicator sits at 0.8 — positive territory.

JUST IN: A red flag on the MACD. Red candles are forming above the signal line. Negative momentum is building under the surface.

24-hour trading volume jumped to $19.5 million as the move developed. Interest is real.

The context: Bitcoin's run toward $100K dragged altcoin bids back into the market. LTC caught the spillover.

BREAKING: All-time high remains $412.96, struck May 10, 2021. The all-time low: $1.11 from January 2015.

Forecast desks are penciling in $62.57 as the next near-term target. That is a 3.14% move from current spot.

Longer-range price models target $160 as the 2026 ceiling. The 2032 ceiling: $1,338.47.

JUST IN: $57 is the line in the sand. Hold it. Or the trade unwinds.