Home Altcoins News Litecoin and Quant Prices Struggle Below $100, Breakout Potential

Litecoin and Quant Prices Struggle Below $100, Breakout Potential

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As Bitcoin surges above $107,000 for the second time in recent days, investor optimism is on the rise. The Bitcoin dominance saw a slight pullback, which has shifted some of the focus to altcoins. However, despite this attention, prominent altcoins like Litecoin (LTC) and Quant (QNT) continue to struggle, remaining under the crucial $100 mark. This raises an important question: will the price of Ethereum need to break out for these altcoins to follow suit, or are they preparing for a major price movement of their own?

Litecoin (LTC) Struggling to Break Above $100

Litecoin’s price had shown potential early in 2025, breaking out of a long consolidation range. However, the bullish momentum soon faded, and the token has been unable to maintain any significant upward movement. As the price of LTC approached $100, bears took control, pulling the price back within its established range. This has created an ongoing battle between the bulls attempting a V-shaped recovery and the bears maintaining control, driving the price lower.

Currently, the Litecoin price is trading within a rising parallel channel, a pattern that has persisted since the 2022 bear market. Although it recently triggered a rebound, LTC has faced significant resistance at higher levels. In the short-term, LTC’s price movement is showing bearish signals, particularly with the 50/200-day moving averages failing to cross into a Golden Cross, a technical signal often associated with bullish trends. Additionally, the Directional Movement Index (DMI) is indicating a bearish crossover, suggesting that the price could drop back towards the $75 range if the bulls cannot maintain control.

Despite the bullish patterns emerging in the short-term, the long-term chart suggests the potential for a major pullback. As LTC continues to hover below the critical $100 threshold, traders are left wondering if a breakout above this level is even possible.

Quant (QNT) Faces Resistance, Waiting for Breakout

On the other hand, Quant (QNT) is also in a decisive phase, unable to break past key resistance levels. After surging more than 60% earlier in the year, Quant has entered a phase of horizontal consolidation, signaling a potential weakening of bullish momentum. The volume has remained relatively flat, and price action has been limited within a range, leading many analysts to speculate that QNT is preparing for a larger move—either upwards or downwards.

In the immediate future, the Bollinger Bands are showing signs of contraction, indicating that volatility is about to increase. Similarly, the Chaikin Money Flow has been dropping towards the average range, suggesting a decrease in money flow and a potential cooling-off period before a breakout. With price hovering around the $90 mark, a breakout above $100 seems difficult unless significant volume enters the market to push the price higher.

QNT’s price chart suggests that if it can breach the $100 level with strong buying volume, it could make a move toward $111 or higher. However, if the current weak momentum continues, it could drop back to the $80 range. Traders will need to monitor volume closely to gauge whether QNT can gain the momentum needed to break free from its current consolidation phase.

Will May Bring a Breakout for LTC and QNT?

Both Litecoin and Quant are at critical junctures, with $100 acting as a significant psychological barrier for both. While the market sentiment surrounding Bitcoin has been bullish, this optimism has yet to translate into sustained bullish momentum for these altcoins. Unless there is an influx of buying volume and a shift in market sentiment, both LTC and QNT may continue to trade below the $100 mark for some time.

However, the potential for a breakout exists if either token can break its current resistance and sustain upward momentum. With increasing interest in altcoins as Bitcoin dominance slightly wanes, these tokens could find the buying pressure needed to push them past the key $100 resistance level.

In conclusion, Litecoin and Quant may require a catalyst like a major price action or a shift in overall market sentiment to break above their current levels. While both coins face significant resistance, a rise in volume and favorable market conditions could allow for a breakout in the coming weeks. Whether May sees a sustained breakout or continued struggle remains to be seen, but these altcoins are certainly worth keeping an eye on as potential opportunities for traders.

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James Thorp

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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