Logarithm. 1-month time frame. Larger time frame for comparison and clarity. XRP is ahead of LTC by 1 year, where a breakout of the 7-year formation and the first wave of strong price growth (pump impulse of 500-600%) have already occurred. There will be 3 of them.
🟣⚠️ But, perhaps a retest of the formation's breakout zone, based on a super-fabulous and funny story, will happen very soon from a trend perspective. This is, more accurately, a retest of human intelligence worldwide, the clarity of common sense (perhaps there will be no reaction, and the scenario will fail to capture the public's attention), which could impact speculative markets as a whole.
In general, cryptocurrencies like Litecoin (scam protection) should be of interest to those with common sense but who understand that trading isn't their thing. You buy in increments and forget about it. That is, for investors... Perhaps it would be of interest to positional traders (trades once a year or several months) after a breakout on a pullback, or trigger trades on breakouts of local zones.
An idea for comparison that could impact your trading strategy. Don't be confused by the large percentage pumps in 2017 to initiate the formation of the triangles of these 7–8 years. Cryptocurrency in the "reset waves" has long been redistributed. However, this doesn't negate risk management, not like some silly “book” that says to squeeze your coins out of you in reversal zones, but rather as common sense and math dictate. Also, set reasonable targets, depending on the timeframe of your trading strategy, for liquidity accumulation levels and those willing to sell. Don't set limit orders in round numbers, either sell or buy.
🟡On Litecoin cryptocurrency, the price is still trapped, ahead of a potential breakout (highly likely). It's possible they'll make a false takeout and accumulate long liquidity under the 7.8-year formation before breaking out of the triangle, but that's not a given.
LTC ETF to be adopted in the US later. But overall, everything will be fine. Currently, with the price clamping down (over the last six months), we've seen high network activity and an increase in the number of addresses (the banking sector is “testing” + a little large capital) without price growth or positive news. Of the top cryptocurrencies, LTC is currently an underdog, which is logical, as positions are being built up in a local trend after a major redistribution (change of hands). This is a good sign.
🟡Work in the secondary trendI'll publish later, possibly a public idea. However, here I've shown the maximum targets for both an upward breakout (more likely) and a downward breakout (rare, perhaps, perhaps liquidity accumulation).
A chart pattern (trends, figures, fractals, patterns) is formed according to the general market trend (market phase) and the asset's liquidity (money in the project). What is a projection (paragraph below).
The price movement direction is determined by:
1️⃣ real supply/demand for the "commodity."
2️⃣ manipulative supply/demand.
3️⃣ intellectual degradation of market participants and their control and predictability.
4️⃣ intellectual “insight” into how things “should” or “shouldn't” be. This is usually the result of points 2 and 3 (the formation of a dominant opinion), and very rarely a personal opinion that can be used to develop one's own trading tactics and money management.
🟣⚠️ But, perhaps a retest of the formation's breakout zone, based on a super-fabulous and funny story, will happen very soon from a trend perspective. This is, more accurately, a retest of human intelligence worldwide, the clarity of common sense (perhaps there will be no reaction, and the scenario will fail to capture the public's attention), which could impact speculative markets as a whole.
In general, cryptocurrencies like Litecoin (scam protection) should be of interest to those with common sense but who understand that trading isn't their thing. You buy in increments and forget about it. That is, for investors... Perhaps it would be of interest to positional traders (trades once a year or several months) after a breakout on a pullback, or trigger trades on breakouts of local zones.
An idea for comparison that could impact your trading strategy. Don't be confused by the large percentage pumps in 2017 to initiate the formation of the triangles of these 7–8 years. Cryptocurrency in the "reset waves" has long been redistributed. However, this doesn't negate risk management, not like some silly “book” that says to squeeze your coins out of you in reversal zones, but rather as common sense and math dictate. Also, set reasonable targets, depending on the timeframe of your trading strategy, for liquidity accumulation levels and those willing to sell. Don't set limit orders in round numbers, either sell or buy.
🟡On Litecoin cryptocurrency, the price is still trapped, ahead of a potential breakout (highly likely). It's possible they'll make a false takeout and accumulate long liquidity under the 7.8-year formation before breaking out of the triangle, but that's not a given.
LTC ETF to be adopted in the US later. But overall, everything will be fine. Currently, with the price clamping down (over the last six months), we've seen high network activity and an increase in the number of addresses (the banking sector is “testing” + a little large capital) without price growth or positive news. Of the top cryptocurrencies, LTC is currently an underdog, which is logical, as positions are being built up in a local trend after a major redistribution (change of hands). This is a good sign.
🟡Work in the secondary trendI'll publish later, possibly a public idea. However, here I've shown the maximum targets for both an upward breakout (more likely) and a downward breakout (rare, perhaps, perhaps liquidity accumulation).
A chart pattern (trends, figures, fractals, patterns) is formed according to the general market trend (market phase) and the asset's liquidity (money in the project). What is a projection (paragraph below).
The price movement direction is determined by:
1️⃣ real supply/demand for the "commodity."
2️⃣ manipulative supply/demand.
3️⃣ intellectual degradation of market participants and their control and predictability.
4️⃣ intellectual “insight” into how things “should” or “shouldn't” be. This is usually the result of points 2 and 3 (the formation of a dominant opinion), and very rarely a personal opinion that can be used to develop one's own trading tactics and money management.
Note
XRP 18 01 2026 Trade active
May 21, 2026 🔄🔼 Breakout and consolidation above the consolidation zone — realization of the bowl targets (2 stages).
🔄🔽Breakout of the consolidation zone downwards (less likely) — targets of the descending flag, that is, entry to the average price of the 2020 set.
✔️Such trading situations have developed on many altcoins of varying liquidity. It's likely that some trigger event (not cryptocurrency-related) will trigger the markets in one direction or another from these zones.
Let me remind you of the planned events that will most likely impact the price of this cryptocurrency:
1️⃣ June 22–23 - Litecoin Summit 2026 will be held in Amsterdam, Netherlands, at the TOBACCO Theater. The Litecoin Foundation's main annual community conference will bring together leading developers, industry representatives, and investors to discuss the future of cryptocurrency, payment technologies, and the blockchain ecosystem.
2️⃣ July 4, 2026 (1.5 months to go) - The 250th anniversary of US independence (or semi-quincentennial) will be officially celebrated. This date marks 250 years since the adoption of the Declaration of Independence in 1776.
Note
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✅ Telegram. Finance + Trading: t.me/+ajtMAB9qbF82ZmJi
✅ Telegram. Сrypto trading only: t.me/+4Bux2Gd8Bo9hNTRi
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/+4Bux2Gd8Bo9hNTRi
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.