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Bitcoin (CRYPTO: BTC) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.
The market intelligence platform IntoTheBlock has explained the reason why Litecoin has been stuck inside the $90 to $130 range recently. Litecoin Exchange Netflow Has Followed An Interesting Pattern Recently In a new post on X, the analytics firm IntoTheBlock has discussed about a pattern that the Litecoin Exchange Netflow has shown during the recent phase of consolidation in the asset's price.
Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs.
Litecoin eyes a breakout to $165 as bullish momentum builds. The inverted head and shoulders pattern signals a 30% rally, while whale holdings surge. Will LTC confirm the breakout?
Litecoin price shows bullish signs, with analysts predicting a 5x rally past $600. This bullish outlook follows a recent surge in Litecoin's open interest to an all-time high of $765M per Coinglass.
Litecoin (LTC) price has swung alongside the rest of the crypto market. Notably, as altcoins continue to heave looking for direction, the latest meme coin scams mean there's a possibility for further froth. LTC, however, is already battling ranged trading as buyers and sellers swarm the market for every opportunity that comes with price movements.
Based on fresh data from the prediction marketplace Polymarket, there is a 78% probability that the U.S. Securities and Exchange Commission (SEC) will approve an XRP exchange-traded fund (ETF) this year.
Litecoin has been gaining momentum in recent weeks, and according to crypto analyst Tony “The Bull” Severino, this might be just the beginning of an explosive rally. Although Litecoin also started February on a decline alongside the rest of the crypto market, it has since detached and has recovered from these losses.
Litecoin price plunged 5.7% in the last 24-hours as short-term traders capitalized on the hype surrounding altcoin ETFs to book profit. Technical indicators suggest bulls could trigger an early recovery phase.
If Bitcoin's tightening range trading resolves to the upside, XRP, LTC, OM, and GT could rally higher.
Litecoin continued rising as crypto investors raised their odds that the Securities and Exchange Commission will approve a spot ETF this year.
Last week, the cryptocurrency market was pretty unstable because of the latest inflation reports. This caused prices of many altcoins like BNB, Litecoin, and XRP to correct downward, hovering around dips.
Altcoins have seen a mixed performance this past week, with some making significant gains while others remain in correction mode. Telcoin (TEL) led the rally with an 88% surge, pushing its market cap past $1 billion, while Sonic (S) jumped nearly 40% despite ongoing struggles since its rebranding.
Analysts James Seyffart and Eric Balchunas from Bloomberg have recently shared their insights on the growing momentum of altcoin exchange-traded funds (ETFs) being pursued by prominent asset managers.
A widely followed analyst and trader is leaning bullish on one large-cap altcoin while updating his outlook on two other crypto assets. The analyst and trader pseudonymously known as DonAlt tells his 649,700 followers on the social media platform X that Litecoin (LTC) has “one of the best-looking crypto charts right now.
Litecoin (LTC) has gained notable traction in the market, rising by 5.15% in the last 24 hours to reach a price of $122. This surge is driven by mounting speculation regarding the potential approval of a Litecoin spot ETF, with some analysts suggesting a 90% likelihood of this happening.
The success of the Bitcoin & Ethereum ETF in 2024 has also raised the demand for the other tokens. Among them, the popular ones are XPR and Litecoin, which have a huge possibility of approval later this year.
Litecoin surged by 5.15% to $122, fueled by speculation of a spot ETF approval with 90% odds.
Litecoin (LTC), Jito (JTO), and Bittensor (TAO) added between 17% and 22% to their values in the past seven days, according to CoinGecko data. Bitcoin's resilience and the market-wide recovery in crypto has paved the way for gains in altcoins.
Litecoin emerged as an “improved” version of Bitcoin, yet it has never quite managed to surpass it. Nevertheless, it still ranks among the top 20 cryptocurrencies by market capitalization.
Litecoin (LTC) has been making waves in the cryptocurrency market, gaining significant attention as its price surges past $120. With growing optimism surrounding the potential approval of the SEC's spot Litecoin (LTC) ETF, traders are eyeing a potential breakout that could push LTC toward a 20% increase.
Bloomberg exchange-traded fund (ETF) analysts James Seyffart and Eric Balchunas have evaluated the prospects for the altcoin ETF applications submitted by major asset managers these last months. Their analysis reveals a growing optimism regarding the regulatory landscape for these financial products, particularly with Litecoin (LTC) ETFs emerging as the frontrunner for potential approval.
The Litecoin (LTC) price could be on the cusp of skyrocketing this year, as odds that a spot Litecoin ETF launches in the USA this year rise. The post Litecoin Price Set to Skyrocket as ETF Hype Rises – 3x Gains Possible? appeared first on Cryptonews.
TMX VettaFi Investment Strategist Cinthia Murphy joins CoinDesk to discuss the optimistic future for crypto ETF products in the current administration as President Trump has showed a friendlier stance towards digital assets. Plus, which among Litecoin, XRP and Doge will be the first to get a green light on its ETF?
