Litecoin's Breakout Falters Near $98 as Remittix Emerges in PayFi Race

Litecoin (LTC) experienced a volatile price surge above $80 in early December 2025, sparking a wave of bullish predictions before momentum stalled. The move, which punished short sellers, initially appeared to signal a new bullish phase for the digital silver. However, by December 5, LTC had retreated to trade around $83.43, down 3.13% on the day, casting doubt on the sustainability of the breakout.

Technical analysis reveals a critical battleground forming around the $98 resistance level. Derivatives analyst CW8900 identified a dense sell wall at $98, which represents the next major barrier for LTC. The asset's ability to hold above the $80-$85 support zone is seen as constructive, with interim resistance noted at $91.50 and $96. Chartists point to a larger falling wedge pattern and a multi-year symmetrical triangle formation, suggesting a potential base for a larger move if liquidity improves and key resistance is breached.

Long-term sentiment remains mixed, with fundamental headwinds tempering technical optimism. A planned CoinShares Litecoin ETF was pulled, raising questions about institutional demand. The existing Litecoin ETF has reported zero inflows. While the 2022 MWEB privacy upgrade remains a key feature, it led to delistings on some exchanges due to compliance concerns. Elliott Wave analyst XForceGlobal projects a long-term target above $300 based on a nine-year accumulation pattern, but acknowledges this is speculative and dependent on broader market conditions.

Amid Litecoin's price uncertainty, investor attention is shifting toward the emerging PayFi sector, with Remittix (RTX) gaining traction. Remittix is a DeFi/PayFi project focused on moving crypto from wallets directly into bank accounts in over 30 countries. It features multi-chain support, real-time FX quotes, and low fees. The project has raised over $28.4 million from more than 40,000 buyers, with its RTX token priced at $0.119. It has passed a full CertiK security audit, is in live beta testing, and has confirmed future listings on exchanges like BitMart and LBank, positioning it as a utility-focused challenger in the real-world payments space.