In a recent X post, CryptoWzrd highlighted that Litecoin (LTC) closed the day on a slightly bearish note. He explained that LTC’s price action remains closely tied to Bitcoin’s movement and overall market sentiment, with the $96 level standing out as the next resistance. Bearish Daily Close For Litecoin Amid Bitcoin Correlation According to CryptoWzrd, Litecoin closed the day with a bearish daily candle, while mirroring Bitcoin’s price action. This alignment suggests that LTC remains heavily influenced by broader market sentiment and BTC’s directional moves. Meanwhile, the LTCBTC pair ended the session indecisively, offering no clear signal of strength or weakness against Bitcoin at the moment. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level The analyst noted that for a sustained upside move in Litecoin, healthier and more constructive candles are needed on the LTCBTC chart. Without stronger signals from this pair, confidence in a breakout remains limited. Adding to the cautious tone, CryptoWzrd pointed out that a decline in Bitcoin dominance would be a critical factor in unlocking altcoin momentum, including for Litecoin. From a technical standpoint, Litecoin is currently aiming for the $96 daily resistance level. CryptoWzrd explained that a successful push above this barrier could open the door for a stronger rally, potentially extending toward the $128 resistance zone. However, that scenario depends on supportive market conditions and renewed strength across altcoin charts. On the downside, $80 stands out as the key daily support level that traders should monitor. A breakdown below this zone could trigger a deeper correction and delay any near-term bullish ambitions. Maintaining support above this level would be crucial in preserving the broader structure and keeping upward targets in play. Looking ahead, CryptoWzrd emphasized his focus on the lower time frames to spot potential scalp opportunities. By analyzing intraday chart formations, he aims to capitalize on short-term price movements while the broader market context unfolds. Traders following LTC closely will want to keep an eye on these short-term setups for quick entries and exits amid ongoing volatility. Intraday Volatility Signals Patience Over Action In conclusion, CryptoWzrd noted that today’s intraday chart for Litecoin was marked by volatility and a bearish tone, making it a challenging environment for clean trade setups. He emphasized the importance of waiting for a more favorable trading location before entering any positions, as the current conditions lacked clear direction and structure. Related Reading: Litecoin Could Be ‘Just Weeks Away’ From Third-Ever Golden Cross — Expert According to the analyst, a move above the $90 intraday resistance would be a positive signal and could present a potential long opportunity. However, if the price gets rejected at that level, it may lead to further downside pressure. For now, CryptoWzrd remains patient, waiting for the market to establish a healthier setup before taking action. Featured image from Adobe Stock, chart from Tradingview.com
Litecoin (LTC) is back in the spotlight as bullish momentum sweeps across the crypto market. After months of volatility and sideways action, Litecoin is showing signs of strength, pushing above key technical levels and attracting fresh investor interest. The broader market recovery, fueled by optimism in Bitcoin and Ethereum, has created favorable conditions for altcoins to regain traction, and Litecoin could be one of the biggest beneficiaries. Related Reading: Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 Top analyst Carl Runefelt recently shared a technical analysis highlighting a major development: Litecoin has broken above a key level on the daily chart. This breakout is a critical technical signal, suggesting a potential trend reversal after weeks of consolidation and indecision. While resistance remains overhead, analysts believe that a confirmed reclaim of this level as support could trigger an expansive phase for LTC, opening the door to strong upside moves. As institutional interest in crypto grows and macroeconomic conditions stabilize, assets like Litecoin—known for speed, low fees, and high liquidity—may attract attention from traders and investors seeking asymmetric returns. With momentum on its side and market sentiment shifting, the coming days will be crucial to determine whether Litecoin can turn this breakout into a full-scale rally. Litecoin Bullish Momentum And ETF Hopes Fuel Rally Litecoin (LTC) is gaining bullish traction as price action strengthens and investor sentiment improves across the crypto market. Currently trading above $90, Litecoin has broken out of its downward trend, signaling renewed buying interest and technical strength. This move is particularly significant, given months of sideways consolidation and the broader market’s gradual recovery. According to Carl Runefelt, Litecoin has decisively broken above its descending resistance on the daily chart—a bullish technical setup that could pave the way for further gains. Runefelt believes the next target is $97.10, a level that, if reached and held, could mark the start of a new upward leg for LTC. The recent breakout has reignited interest in Litecoin’s medium-term prospects, especially as traders look for altcoins with momentum and untapped upside. Adding to the optimism is speculation surrounding a potential Litecoin spot Exchange-Traded Fund (ETF). According to Bloomberg, the probability of approval for a Litecoin spot ETF by October 2 (local time) has risen to an impressive 95%. Such a product would offer institutional investors a new and regulated vehicle to gain exposure to LTC, potentially unlocking significant inflows. With favorable technicals and strong fundamentals aligning, Litecoin appears poised for a breakout. The coming days will be critical as bulls aim to confirm support above $90 and push toward the $97.10 resistance. If ETF approval expectations continue to build alongside broader market momentum, Litecoin could emerge as one of the top-performing altcoins of the current cycle. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu? LTC Price Action: Key Levels To Reclaim Litecoin (LTC) is showing strong bullish momentum after breaking above a key descending resistance level on the daily chart. As seen in the chart, LTC surged over 4% in the last session, closing at $91.23. This breakout follows weeks of tight consolidation near the $85 zone and signals growing interest as market sentiment improves across the board. Price has now moved decisively above the 50-day and 100-day moving averages, which have acted as resistance in recent weeks. The next challenge lies at the 200-day moving average, currently near $98.50, which aligns closely with the analyst-projected target of $97.10. Reclaiming that level would confirm a full trend reversal and open the door to testing the $100 psychological level. Related Reading: Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details Volume has also picked up, supporting the breakout and suggesting that buyers are stepping in. If bulls maintain momentum and consolidate above $90, Litecoin could confirm a shift in market structure and set the stage for a broader rally. On the downside, any rejection at the 200-day MA could trigger a retest of the $87–$89 support area. Featured image from Dall-E, chart from TradingView
Tuttle Capital has filed an amendment to shift the effective date for a series of crypto and meme-related leveraged exchange-traded funds (ETFs) to July 16. This move, first reported by Bloomberg’s ETF analyst Eric Balchunas on July 1, could signal the imminent launch of 10 new leveraged funds. These ETFs are poised to offer double […]
The post Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16 appeared first on CryptoSlate.
The decline occurred as bitcoin's dominance increased alongside lowered volatility.
The price of Litecoin didn’t end May in the best possible way, especially considering its start to the month, falling from around $95 to beneath $85 before May 31st. While the start of June was quite strong, the altcoin has failed to maintain its bullish momentum each time a rally seemed to be on. After falling beneath the $80 level on June 22, the Litecoin price seems to be back on its feet as it currently dances around the $87 mark. Interestingly, a fresh price outlook portraying an even brighter future for the cryptocurrency has emerged. How Much LTC Price Surged After First Two Golden Crosses In a recent post on the X platform, Chartered Market Technician Tony Severino shared an exciting analysis of the Litecoin price. According to the crypto expert, the price of LTC could embark on an explosive rally depending on its movement over the next few weeks. Related Reading: Cardano Price Woes To Continue? Analyst Expects ADA To Fall To $0.47 This bullish projection is based on the potential formation of a Golden Cross — the third ever — on the Litecoin weekly chart. In a crypto context, a Golden Cross occurs when a short-term moving average (50-week moving average, in this case) crosses above a longer-term moving average (200-week moving average). Typically, Golden Cross formations often precede and are associated with extended periods of bullish price movements. However, Severino believes that Litecoin is just weeks of a significant rally away from triggering its third-ever Golden Cross on the weekly price chart. Source: @TonyTheBullCMT on X Severino cited the earlier two situations where the Golden Cross occurred after a substantial price rally. In the first instance, this chart phenomenon appeared on the Litecoin weekly timeframe after a 700% surge from the local lows in 2017. Meanwhile, the LTC rallied by 450% from its local bottom before the second-ever Golden Cross in 2021. For each time the Golden Cross appeared on the chart, the price of Litecoin witnessed a significant bullish momentum. In 2017, the LTC price soared by 7,100% from around $5 to as high as $360. The altcoin jumped by more than 380% to reach its current all-time high of $410 after the Golden Cross formation in 2021. If the Golden Cross does occur and history is anything to go by, the Litecoin price could be preparing to reach a new all-time high in its next leg up. Litecoin Price At A Glance As of this writing, the price of LTC stands at around $86.26, reflecting a 1.7% increase in the past 24 hours. According to CoinGecko data, the altcoin is up by more than 7% in the last seven days. Related Reading: Crypto Analyst Predicts $10,000 ATH For Ethereum This Cycle, Here’s Why Featured image from Getty, chart from TradingView
The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin holders to tap into Ethereum-style DeFi via its Base network.
The Middle East news might be the immediate catalyst, but spot ETF approval by the SEC could be coming.
From a technical perspective, LTC's price action showed resilience, with support solidifying in the $83.48-$83.57 range.
Growing expectations surrounding the potential launch of a spot litecoin exchange-traded fund have been helping LTC's price.
Despite a brief rebound, LTC's recovery stalled at $97.80, indicating a potential consolidation phase.
Grayhoood, a crypto trader, said on X that Litecoin is currently experiencing a bearish trend, emphasizing the ongoing weakness in price action. Over the past 24 hours, LTC has decreased by 2.8%, and the candlestick charts reflect a noticeable downward movement. As shown in the chart he referenced, LTC started the day around $89.00 but faced a sharp decline, dropping to $87.00 before managing a brief recovery to $88.50. However, the price has since fallen again to $84, indicating sustained selling pressure in the short term. Momentum Fades: RSI Drifts Toward Oversold Territory According to Grayhoood, current technical indicators suggest that Litecoin may face further downside, with multiple metrics aligning to support a bearish short-term outlook. One of the primary indicators in focus is the Relative Strength Index (RSI), which appears to be drifting toward oversold territory. Related Reading: Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move While such a move could hint at a potential bounce, Grayhoood cautions that it also signals bearish sentiment in the market. Beyond the RSI, momentum oscillators such as the Stochastic indicator and the Commodity Channel Index (CCI) are also painting a gloomy picture. These tools are typically used to gauge market reversals and the strength of ongoing trends. In this case, both are tilting toward further downward momentum if no strong bullish catalyst appears, especially as prices struggle to hold above the $87 support level. Short-Term Declines Contrast with Yearly Gains in LTC’s Moving Averages The analyst further highlighted a mixed outlook from Litecoin’s moving averages, suggesting a market caught between short-term weakness and long-term potential. In the near term, shorter-duration averages are flashing strong sell signals. These are driven by LTC’s recent negative performance, with a -9.0% drop over the past week and a -12.5% decline over the last two weeks, painting a clear picture of growing bearish momentum and sustained selling pressure. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How However, the longer-term moving averages tell a different story. Despite recent setbacks, Litecoin has posted a 2.3% gain over the past year, which keeps the long-term trend technically bullish. This divergence suggests that while short-term traders may be responding to immediate price volatility and weakness, long-term investors could still see value in the asset, especially if broader market conditions stabilize or improve. That said, the broader market sentiment currently leans bearish, weighed down by Litecoin’s inability to maintain key support levels amid recent price volatility. Even with long-term growth providing a degree of optimism, the prevailing trend is defined by downward pressure and uncertainty. Until short-term indicators begin to align with the long-term bullish structure, Litecoin may continue to face a challenging environment. Featured image from Adobe Stock, chart from Tradingview.com
Despite macro pressure and a bearish chart setup, Litecoin is gaining traction on the rollout of a layer-2 network and other developments.
The U.S.'s latest tariff news, coupled with inflation in the eurozone falling below the ECB's target, shape LTC's macroeconomic outlook.
LTC sustained a key support zone while absorbing selling pressure amid growing geopolitical uncertainty.
Litecoin (LTC) wrapped up the day with an indecisive close, leaving traders on the edge of their seats. While LTC’s price action offered little clarity, the bigger picture may be unfolding elsewhere. According to market watchers, the real catalyst for Litecoin’s next significant move could come from Bitcoin Dominance (BTC.D). A shift in BTC.D could tip the scales, either paving the way for a bullish breakout or extending its current sideways drift. Litcoin And LTCBTC Await A Clear Signal In a recent update, market analyst CRYPTOWZRD offered a detailed, cautious take on Litecoin’s current technical position while highlighting key factors to watch for a potential upside move. He observed that the LTC/USDT and LTC/BTC daily candles “closed indecisively,” a classic sign of market hesitation. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How This kind of price behavior often reflects a lack of conviction from traders and can precede either a continuation or a reversal, depending on how subsequent candles develop. According to CRYPTOWZRD, what’s needed now are “more healthy candles” to confirm renewed bullish intent in the coming sessions. A major factor influencing Litecoin’s outlook is Bitcoin dominance. CRYPTOWZRD explained that a decline in BTC.D would likely benefit altcoins like Litecoin, allowing LTCBTC to gain traction. If such a shift occurs, Litecoin could begin forming a bullish “W” reversal pattern, typically a reliable signal of a bottoming process and the start of a new upward trend. This pattern, if confirmed, would signal improving market sentiment around LTC and open the door for a stronger recovery. CRYPTOWZRD is keeping a close eye on the $96 level, which he identified as a key threshold on the daily chart. A sustained move above this level could give Litecoin the strength to rally toward the $128 resistance area. “I will be tracking the intraday chart development,” he noted, suggesting that his next trade decision will be heavily influenced by how Bitcoin performs in the short term. Intraday Choppiness: A Battle For Direction Sharing his thoughts on Litecoin’s intraday performance, the analyst described the chart as “choppy and slow” throughout the day, reflecting a lack of clear momentum in either direction. He emphasized that a decisive move above the $96 mark, followed by sustained price action at that level, could serve as a catalyst for a potential long toward the next significant resistance around $102 or possibly higher. Related Reading: Litecoin Monthly Close Above Key Resistance Could Ignite 30% Rally – Is A Breakout Coming? However, the analyst cautioned that failure to reclaim $96 may result in continued sideways volatility, with no strong directional bias in the near term. He also highlighted the role of Bitcoin in shaping Litecoin’s next move, noting that broader sentiment and movement in BTC will likely decide whether LTC breaks higher or remains range-bound. Featured image from Adobe Stock, chart from Tradingview.com
Monero's price has more than doubled this year.
The price of Litecoin has been somewhat indecisive this year, and the past week is a prime example of this disappointing trend. While the world’s largest cryptocurrency, Bitcoin, reached a new all-time high, LTC failed to capitalize on the injection of bullish momentum into the crypto market. However, a prominent crypto expert has come forward with a claim that Litecoin might be the most undervalued asset in the market at the moment. Interestingly, the altcoin’s price seems set to enjoy a period of strong bullish impetus over the next few months. Here’s Why LTC Price Could Be Set For An Extended Rally Chartered Market Technician Tony Severino has put forward an exciting prediction for the price trajectory of Litecoin in the coming months. According to the crypto expert, the digital asset could be preparing for an extended bull rally of at least 1,000% — and up to 2,000% — price growth. Related Reading: Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K This bullish projection is based on the movement of the Stochastic Oscillator on the 3-month LTC price chart. The Stochastic Oscillator is an indicator used in technical analysis to gauge price momentum and pinpoint potential trend reversals. The indicator is usually represented by two lines: %K and %D. %K is a faster line while %D is a smoothed moving average of %K, and they both oscillate between 0 and 100. When the Stochastic Oscillator falls below 20, it implies an oversold market; while values above 80 often indicate an overbought market. According to Severino, the Litecoin 3-month Stochastic is approaching the 50 mark, which signals rising bullish sentiment for the altcoin’s price. The indicator failed the last time it attempted to cross this level in 2021. However, the successful breach of this 50 mark is still historically significant, as it has marked the start of substantial bull rallies in the past. For instance, the altcoin’s price grew by 4,900% when the Litecoin Stochastic crossed the level in 2017. Severino noted that it is highly unlikely for the price of Litecoin to surge by nearly 5,000% from its current level if the Stochastic Oscillator crosses the 50 level. Nevertheless, the market expert believes the asset’s price could rise by at least 1,000% and up to 2,000% by the end of 2026. Finally, Severino mentioned that the Litecoin price is in an interesting place, with the asset being one of the most undervalued crypto assets at the moment. Litecoin Price At A Glance As of this writing, the price of LTC stands at around $96, reflecting an over 5% decline in the past 24 hours. Related Reading: When Will Altcoin Season Begin After Bitcoin Price Hit ATH Above $111,000? Featured image from Getty, chart from TradingView
As Litecoin (LTC) tries to break out of a bullish pattern, an analyst suggests that a monthly close above its key horizontal zone could propel the price to levels not seen since the 2021 bull run. Related Reading: Bitcoin Ready For Second ‘Price Discovery Uptrend’ Following $109,000 Breakout – What’s Ahead For BTC? Litecoin Attempting Key Breakout Litecoin has seen a remarkable 63% rally from April’s lows over the past month and a half, surging above crucial levels in the past few weeks. Just this month, the cryptocurrency has recovered the $80 and $90 support levels and attempted to reclaim the $100 barrier again. Fueled by the market recovery and Bitcoin’s rally past the $100,000 mark, LTC hit a two-month high of $107 nearly two weeks ago. Since then, the altcoin has struggled to hold the $100 mark. However, analyst Carl Runefelt from The Moon Show recently suggested that Litecoin “is about to pump.” The analyst highlighted a bullish pattern on LTC’s chart, which could see the cryptocurrency rise 20% toward the $117.5 mark for the first time since early March. According to Runefelt’s chart, the cryptocurrency formed a bullish flag pattern after hitting its two-month high. Since then, LTC has hovered between the upper and lower boundary, bouncing once before from the support line toward the pattern’s resistance line. Earlier this week, Litecoin bounced again from the support after touching the $92 level, which led the analyst to suggest it has “every chance to break out of this bullish flag to the upside.” On Friday, the altcoin jumped 11% from the pattern lows, briefly breaking out and hitting the $102 mark before retracing to the $96 mark. The cryptocurrency now hovers between the $98-$99 levels, just 1% below the pattern’s upper boundary. A surge above this level to confirm the breakout could set the stage for the pattern’s $117.5 target and mark a significant push toward a key horizontal level. LTC Preparing For Rally To $150? Analyst Rekt Capital pointed out that Litecoin needs a Monthly Close above its key resistance level to target the $150 mark and above. He highlighted the $110-$125 horizontal level, explaining that LTC “spends most of its time below it and very little time comparatively beyond it.” The analyst noted that since 2019, the rejection from this resistance level has been getting “progressively weaker over time to the point where only a couple of months ago, LTC tried to retest this region as support” during the early 2025 rally. Despite failing to reclaim this level, this could suggest that the resistance is “struggling to hold price down,” which is why the next breakout above this area could signal that “the chances of a successful retest are high.” Related Reading: SUI Preparing For Another Leg Up – Is $5 The Next Target? Moreover, the weakening of the resistance could be partly attributed to its multi-year Marco Higher Low, as Litecoin has bounced from the ascending trendline toward this resistance each time it has been retested. Based on this, the analyst considers that a Monthly Close above the key horizontal level, followed by a retest to confirm the breakout, would give the necessary strength for a 30% rally above the $150 mark for the first time since 2021. As of this writing, Litecoin trades at $98.60, a 2.7% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Litecoin is holding steady at a critical level after a strong 69% surge in the past month, riding the wave of broader market momentum. As Bitcoin flirts with its all-time high, analysts are closely watching LTC for signs of a potential breakout or breakdown. The current price action shows consolidation near a crucial demand zone, which has historically served as a pivot for Litecoin’s major moves. Related Reading: Range-Bound Ethereum Sees Volatility – High Timeframe Levels Hold The Key While bullish sentiment is building across the crypto market, not all analysts are convinced. Some warn that if Bitcoin fails to break into price discovery and the broader market stalls, Litecoin could face renewed selling pressure. However, top analyst Carl Runefelt remains optimistic, sharing a technical view that suggests Litecoin is forming a bullish flag pattern on the chart—a structure that often precedes strong upward continuation. Runefelt’s target points to a breakout above the current range, supported by healthy market structure and recent gains. Still, the coming days will determine whether LTC follows through with a rally or pulls back. For now, Litecoin stands at a technical crossroads, with both opportunity and risk on the table. Litecoin Eyes Breakout As Market Awaits BTC Confirmation Litecoin is currently trading at a pivotal level, caught in the middle of growing speculation about the market’s next major move. After a powerful 69% rally over the past month, LTC has entered a phase of consolidation, holding just above a crucial support level. The broader crypto market is in a similar position, with investors watching closely for a potential breakout in Bitcoin that could pull the rest of the market higher. As Bitcoin hovers just below its all-time high, Litecoin traders are holding their breath. Many believe that a breakout above the $109K mark for BTC could serve as a catalyst for altcoins, especially LTC. But not everyone agrees—some analysts expect the market to cool down first, leading to a deeper correction before any renewed upside. Runefelt is firmly in the bullish camp. He recently shared a technical analysis highlighting a bullish flag pattern forming on Litecoin’s chart. According to Runefelt, Litecoin has already bounced from support, and this setup presents a high-probability breakout scenario. His price target for the move is $117.5, which would mark a significant push higher from current levels. Runefelt’s view aligns with the broader bullish sentiment that’s slowly rebuilding across the market. However, the confirmation remains dependent on both Litecoin’s ability to break above short-term resistance and Bitcoin’s performance near its all-time high. For now, LTC investors remain cautiously optimistic, aware that momentum could shift quickly depending on macro market developments. Related Reading: Dogecoin Momentum Fades – Analyst Expects $0.213 Retest Technical Details: Key Levels To Watch Litecoin (LTC) is currently trading at $95.35, showing resilience after a brief pullback from its recent local high near $106. The chart highlights a period of consolidation, with LTC finding support just above its 200-day exponential moving average (EMA) at $93.82 and slightly below the 200-day simple moving average (SMA) at $100.76. These two moving averages are now acting as a technical pivot zone, creating both resistance and support that could define LTC’s next move. After a strong rally from April lows around $66, Litecoin surged over 69% before facing resistance at the psychological $100 level. The price is now hovering in a tightening range, which could develop into a bullish continuation pattern—especially if broader market sentiment remains positive and Bitcoin pushes above its all-time high. Related Reading: Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000? Volume has slightly decreased during the recent pullback, indicating a lack of strong selling pressure. This supports the bullish thesis that the current move is a healthy consolidation rather than the start of a reversal. A breakout above the $100.76 resistance would open the door toward the $117.50 target, as mentioned by analysts like Carl Runefelt. Featured image from Dall-E, chart from TradingView
Heightened volatility sends LTC tumbling from recent highs as traders eye key support levels
According to CRYPTOWZRD on his recent post on X, Litecoin (LTC) ended the week with a bearish close, a move that’s being interpreted as part of a normal market cycle rather than a sign of weakness. Despite the pullback, the LTCBTC pair is showing promising signs of strength and is expected to rally in the coming week. CRYPTOWZRD notes that the intraday chart development will be key in identifying the next viable scalp opportunity. As long as LTC continues to hold above the critical $100 level, the conditions remain favorable for a bullish breakout, potentially triggering the next leg up in the LTCBTC trading pair. The Bullish Catalyst That Could Propel Litecoin Higher Providing further insight, CRYPTOWZRD explained that the daily candles for Litecoin and the LTCBTC pair closed lower today. He reassured that this short-term decline is not a cause for concern, especially since the broader picture remains bullish. Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years According to the analyst, Litecoin’s weekly candle closed with notable strength, hinting at sustained upward pressure in the days ahead. The LTCBTC pair also ended the week on a positive note, which could be an early sign of renewed bullish momentum. However, CRYPTOWZRD emphasized the importance of a more impulsive push from LTCBTC in the upcoming week to ignite Litecoin’s upswing. He also noted that Litecoin and LTCBTC are currently trading in extremely oversold conditions, a factor that typically precedes strong rebounds. With that in mind, CRYPTOWZRD plans to closely monitor intraday developments on the lower time frames tomorrow, looking to capitalize on any quick trading opportunities as the setup evolves. LTC/BTC Breakout Confirmed – Key Levels To Watch Concluding his analysis, CRYPTOWZRD highlighted that Litecoin’s intraday chart remained highly volatile throughout the day, with the price now consolidating around the crucial $100 support zone. If buyers step in and drive a strong bullish move from here, it could open the door for a rally toward the $109 target or possibly even higher. Related Reading: Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target On the other hand, a failure to hold this support could lead to extended sideways movement, especially if Bitcoin remains uncertain or lacks directional momentum in the coming sessions. The broader market’s response, particularly from BTC, will likely influence Litecoin’s next move. For now, CRYPTOWZRD advises waiting patiently for a clean and reliable setup to emerge before taking action. He emphasized that discipline is crucial in choppy conditions like these, and his focus will remain on tracking price development on lower time frames to spot the next favorable entry point. Featured image from Getty Images, chart from Tradingview.com
Experts predict Litecoin to have the best chances of approval by the end of this year.
Litecoin’s native token, LTC, has posted notable gains amid speculation that the US Securities and Exchange Commission (SEC) may approve a spot Litecoin exchange-traded fund (ETF) proposed by Canary Capital. According to CryptoSlate’s data, the digital asset rose over 4% to reach $89, the highest level seen since March, while most other cryptocurrencies remained flat […]
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Bullish reversal pattern forms as LTC reclaims critical $86 level amid increasing institutional interest.
The merger with Coeptis (COEP), a biopharmaceuticals company, is expected to occur in Q3 2025.
On-chain data shows HODLing conviction has been growing on the Litecoin network, with the 5+ years old hands only adding further with each cycle. Litecoin Has A Notable Part Of Its Supply Dormant For Years Now In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the supply of two Litecoin long-term holder cohorts. The “long-term holders” (LTHs) broadly refer to a class of LTC investors who have been holding onto their coins for more than a year, without having sold or moved them on the network even once. Statistically, the longer an investor holds onto their coins, the less likely they become to sell them at any point, so the LTHs with their long holding times are considered resolute entities. Related Reading: Bitcoin Whales Back In ‘Full Force’ For The Rally, Glassnode Reveals In the context of the current topic, not the entire LTH cohort is of interest, but rather two subdivisions of it: the holders carrying coins dormant since between three and five years ago, and those since more than five years ago. As these investors are on the deeper side of the the LTHs, they would represent the most stalwart side of the market. The 5+ years old LTHs, especially, would be the diamond hands among diamond hands. Now, here is the chart shared by the analytics firm that shows the trend in the amount of Litecoin supply held by these LTH groups over the history of the cryptocurrency: In the graph, IntoTheBlock has pointed out an interesting pattern with red boxes. These boxes correspond to periods of sharp increase in the supply of the 3 years to 5 years Litecoin cohort. Something to keep in mind is that a rise in the supply for these groups doesn’t correspond to accumulation that’s occurring at the time of the increase. Rather, what it indicates is that some buying occurred 3+ years ago and those coins have now matured enough to become part of one of these cohorts. The timing of the red boxes would put the buying periods of the coins roughly to the previous bull run. Thus, it would appear that some resolute hands buy during bull runs and hold tight until at least the next one. While accumulation has a delay equal to the cutoff of the group attached to it, selling isn’t the same. When coins are moved on the blockchain, their age instantly resets back to zero, and so, they are ejected out of the LTH cohort. Related Reading: Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000 From the chart, it’s visible that despite their conviction, the 3 years to 5 years group does sell sometimes. “They tend to sell both into the next rally and during the following downturn,” notes the analytics firm. Interestingly, the 5+ years group has proven to be different, as its supply has mostly been following an upward trajectory over the years. Today, these diamond hands control more than 20% of the Litecoin UTXOs. LTC Price Litecoin has made recovery of over 9% in the past week as its price has jumped to $83. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
An analyst has pointed out how Litecoin has slipped under a parallel channel recently and could be set to see a move to this price level. Litecoin Has Broken Under Parallel Channel Support In a new post on X, analyst Ali Martinez has discussed about a parallel channel for Litecoin. The “parallel channel” refers to a pattern from technical analysis (TA) that forms when the price of an asset consolidates between two parallel trendlines. There are three types of parallel channels, but in the context of the current topic, the one where the channel is parallel to the time-axis is of interest. In this pattern, the trendlines track successive highs and lows of roughly equal magnitude. That is, the asset is consolidating completely sideways when inside the channel. Related Reading: Bitcoin Miner Selling Still Elevated, On-Chain Data Shows The upper line of the parallel channel is likely to be a source of resistance for the price in the future, meaning that tops can occur there. Similarly, the lower level can be where bottoms take place. If the asset manages to break past either of these barriers, however, then it may go on to see a continuation of trend in that direction. That is, an escape above the channel can be a bullish signal, while a fall under it can be a bearish one. As mentioned before, there are other types of parallel channels as well. Namely, the ascending and descending versions. These occur when the trendlines have a slope to them. That is, when the price’s consolidation happens towards a net upside or downside. Naturally, the ascending channel forms when the slope is positive and the descending one when it’s negative. Until recently, the daily price of Litecoin was potentially trading inside a parallel channel. Here’s the chart shared by the analyst, that shows this pattern for the cryptocurrency: From the graph, it’s visible that the recent bearish action in Litecoin has meant that its price has fallen under the parallel channel. If the pattern holds, this breakout would mean a bearish outcome for the asset. Generally, moves emerging out of a parallel channel are of the same length as the height of the pattern itself. Based on this, the analyst has put a target for LTC. “Exiting this channel sets up a price move to $70,” notes Martinez. Related Reading: Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To Since the plunge under the lower trendline of the pattern has happened, Litecoin has been moving down. It only remains to be seen, though, whether the decline would extend to this price target or not. LTC Price Litecoin has suffered a drop of almost 6% in the last 24 hours, which has erased the earlier recovery and brought its price down to $88. Featured image from Dall-E, charts from TradingView.com
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
Litecoin (LTC) has shown resilience amid market uncertainty and selling pressure, holding its ground despite the broader downtrend in cryptocurrencies. After retracing from $130 to the $100 mark, LTC has successfully held this crucial support, signaling that bulls are still active in defending key levels. Related Reading: BTC Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details While most altcoins have struggled, Litecoin appears to maintain a slight bullish edge. According to Santiment data, LTC continues to show strength in its on-chain metrics, with the Market Value to Realized Value (MVRV) Ratio signaling a bullish outlook. This suggests that investors are still holding onto their LTC, with less incentive to sell at current levels, potentially paving the way for a recovery in the near future. However, the coming days will be critical for Litecoin, as Bitcoin remains under pressure, struggling below key levels. Market uncertainty continues to drive volatility, and if BTC experiences further downside, LTC could face increased selling pressure. On the other hand, if Bitcoin stabilizes or pushes higher, Litecoin could quickly capitalize on its strong fundamentals and begin a renewed upward trend. Litecoin Bulls Defend Crucial Demand Litecoin is currently trading between key liquidity levels, navigating months of volatility and uncertainty in the broader market. Despite the recent market downturn, LTC has shown relative strength over the past few weeks, managing to hold crucial support levels while other altcoins continue to struggle. Related Reading: Dogecoin Indicator Flashes A Buy Signal On The 4-Day Chart – Is DOGE Gearing Up For A Rebound? However, price action remains uncertain, as Litecoin has been unable to break above key supply zones. Bulls have attempted to push the price higher, but selling pressure at resistance levels has kept LTC within a tight trading range. Until a clear breakout occurs, traders remain cautious about the next major move. Top analyst Ali Martinez shared insights on X, highlighting that Litecoin maintains a bullish outlook based on on-chain data. According to Santiment’s MVRV Ratio, LTC is showing strength, suggesting that investors are holding onto their positions despite the market’s recent volatility. This metric often indicates whether an asset is undervalued or overvalued, and in Litecoin’s case, it signals that the coin still has strong upside potential. If the broader crypto market starts to recover, Litecoin could emerge as one of the strongest assets, given its relative stability and bullish on-chain signals. For now, all eyes remain on LTC’s ability to hold key support levels and whether bulls can break past resistance to confirm a new uptrend. LTC Price Action: Technical Levels To Watch Litecoin is currently trading at $104 after facing days of selling pressure. However, despite the bearish sentiment, sellers have struggled to push LTC below the crucial $100 demand zone. This level has acted as strong support, preventing further downside, and every day that LTC holds above this mark increases the probability of a recovery move. For bulls to regain control, Litecoin needs to reclaim the $115 level soon. A decisive break above this resistance could trigger renewed buying momentum, paving the way for a push into higher price levels around $130-$145. These areas represent the next major liquidity zones, where LTC could face strong resistance but also attract significant bullish interest. Related Reading: 2.23 Million Chainlink Moved To Exchanges In Two Weeks – Selling Pressure Incoming? If Litecoin continues to hold above $100, it would indicate buying confidence at lower levels, setting the stage for a potential breakout. However, failure to reclaim $115 in the short term could keep LTC in a prolonged consolidation phase, leaving its next major move uncertain. Featured image from Dall-E, chart from TradingView
Litecoin’s bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline. While LTC previously showed strength, the inability to maintain higher levels suggests that market sentiment is shifting, leaving traders questioning the coin’s next move. As the price approaches key support levels, traders are closely monitoring market signals to determine the next move. Will buyers step in to defend LTC and spark a rebound, or will bearish pressure push the price even lower? Litecoin Drop To $97.8: What Triggered The Pullback? Litecoin’s retreat to $97.8 comes after failing to sustain its recent uptrend, as increasing selling pressure drove the price lower. After an initial push higher, LTC encountered strong resistance at the $113 key level, preventing further gains and triggering a pullback. This resistance rejection prompted profit-taking among traders, as many opted to secure gains rather than hold through potential volatility. Related Reading: Litecoin Fails To Break Key Resistance Level Again – Can Bulls Hold Range Lows? Moreover, the decline in buying momentum played a crucial role in the price drop. As bullish enthusiasm faded, buyers struggled to maintain control, allowing sellers to take over. The weakening demand led to increased downward pressure, accelerating Litecoin’s descent toward the $97.8 support level. Broader market uncertainty also contributed to the downturn. A combination of external factors, including macroeconomic conditions and Bitcoin’s price action, likely influenced traders’ risk appetite, leading to a cautious approach toward altcoins like LTC. Technical indicators also experienced a drop below average, prompting a correction as traders reassessed their positions. If Litecoin fails to hold above $97.8, further downside could be expected. However, a possible recovery may be on the horizon if buyers step in at this level. Potential Scenarios: Rebound Or Further Decline? The Litecoin price movement around the $97.8 level will be crucial in determining its next direction. Two possible scenarios could unfold—a strong rebound if buyers regain control or a deeper decline if selling pressure persists. Related Reading: Litecoin Price Shows Resilience In Uncertain Market Conditions — What’s Next For LTC? In a bullish scenario where LTC manages to hold above $97.8, buyers could step in, driving the price toward immediate resistance levels. A successful rebound might push Litecoin back above $113, with the next target being $131.6. After this, bullish momentum may grow, paving the way for a rally to $146. However, in a bearish scenario where Litecoin fails to hold above $97.8, the price could face additional downside pressure. Breaking below this key support hints at a decline toward $89.7 and $76.8, and even lower support zones, making it critical for bulls to defend key levels. Featured image from Pexels, chart from Tradingview.com