Litecoin Price Correlation Ratio to BTC Hits 88%: What to Expect if Bitcoin Crosses $120K
Litecoin price jumped to $92.87 following Bitcoin’s rally above $113,000, with on-chain data revealing an 88% correlation between the two cryptocurrencies over the past month.
Litecoin price correlation to Bitcoin (BTC) | Source: IntoTheBlock
This indicates that Litecoin has mirrored 88% of Bitcoin’s price movements over the last month. If BTC price extends its rally toward $120,000, this would theoretically place LTC price around $100, provided the correlation ratio and sentiment remains intact.
LTC Eyes $100 Target as Price Tests Key $93.50 Resistance
From a technical perspective, Litecoin price is nearing a key resistance cluster around $93.50, where the 150-day simple moving average (SMA) sits. A successful breakout above this level could open the door toward the psychological $100 barrier.
As seen below, LTC price closed three consecutive green candles, posting a 9.36% gain over the last 72 hours. The MACD indicator flipped bullish with the MACD line crossing above both the signal and baseline.
LTC price forecast | Source: TradingView
More so, daily volume reached 1.38 million LTC, confirming strong momentum behind the breakout. However, failure to break the 150-SMA could lead to a brief pullback.
The 50-SMA at $88.15 and 100-SMA at $87.14 offer layered support for short-term buyers. If Bitcoin consolidates below $113,000, Litecoin could attract buyers, potentially driving prices towards the $100 psychological target, aligning with LTC’s highs from April 2025.
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I’m a research analyst with experience supporting Web3 startups and financial organizations through data-driven insights and strategic analysis. My goal is to help organizations make smarter decisions by bridging the gap between traditional finance and blockchain innovation.
With a background in Economics, I bring a solid understanding of market dynamics, financial systems, and the broader economic forces shaping the crypto industry. I’m currently pursuing a Master’s degree in Blockchain and Distributed Ledger Technologies at the University of Malta, where I’m expanding my expertise in decentralized systems, smart contracts, and real-world blockchain applications.
I’m especially interested in project evaluation, tokenomics, and ecosystem growth strategies, as these are areas where innovation can drive lasting impact. By combining my academic foundation with hands-on experience, I aim to provide meaningful insights that add value to both the financial and blockchain sectors.
