Litecoin price is hovering near a crucial resistance level, with both fundamentals and technical indicators suggesting a potential surge of over 75% this year. Litecoin (LTC) rose to a high of $128.
In the last few weeks, the price of Litecoin (LTC) has skyrocketed, marking a trajectory contrary to the crypto market.
The US SEC acknowledged the spot ETF filing for CoinShares Litecoin ETF by the NASDAQ Stock Market on behalf of CoinShares, thus igniting bullish sentiment for LTC.
Litecoin's price surged to $135 following the SEC's initiation of its ETF review process, with CoinShares' filing now entering a 21-day public comment period.
Litecoin price is poised for a parabolic rally after the US Securities and Exchange Commission (SEC) acknowledged CoinShares' filing for a spot Litecoin exchange-traded fund (ETF). Bloomberg analysts had earlier placed the odds of an LTC ETF approval in 2025 at 90% because of its positive regulatory standing with the SEC.
Litecoin (LTC) has recently made significant strides, breaking above the crucial $130 mark, which has drawn attention to its price movement in the cryptocurrency market. The coin has demonstrated an impressive surge of approximately 11% in a 24-hour period, maintaining strong bullish momentum above its key support levels.
Litecoin price hit a 40-day peak of $136 on Wednesday, driven by whale demand and positive speculations from ETF applications. Will LTC bulls hold out for a $250 breakout?
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
The SEC has acknowledged filings from CoinShares to list XRP and Litecoin ETFs, according to a Wednesday filing.
The US Securities and Exchange Commission (SEC) moved the Litecoin ETF a step closer, after posting an acknowledgement for a rule change to list the CoinShares investment product on Nasdaq.
Analytics firm IntoTheBlock has identified the cause of Litecoin's prolonged consolidation, which has kept the LTC price ranging between $90 and $130 over the past three months. The post Litecoin's Next Move? Analysts Reveal Why LTC Can't Break Out Yet appeared first on Cryptonews.
The cryptocurrency market is buzzing with excitement as LTC experiences a significant price surge following some positive developments concerning CoinShares' Litecoin ETF. The price of Litecoin has climbed by over 12% today, reaching an intraday high of $139.41 before stabilizing at around $136.22 at press time, according to CoinGecko.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The U.S. SEC formally recognized Litecoin and XRP ETF filings submitted by CoinShares, adding to a growing list of pending applications based on Ripple's native token.
TL;DR The SEC has acknowledged CoinShares' filings to list XRP and Litecoin ETFs on Nasdaq, a crucial step in cryptocurrency regulation. The SEC will open a 21-day public comment period before deciding on the approval of these ETFs. In the last 24 hours, XRP is up 7.27% and Litecoin is up 10.78%. The U.S.
Litecoin (CRYPTO: LTC) is rallying as the SEC took its first official step toward a potential ETF approval. What Happened: Polymarket data shows an 85% chance of a Litecoin ETF approval in 2025, with odds for an approval before July 31 jumping from 37% to 54% since Feb. 15.
The SEC's review of CoinShares' Litecoin ETF could pave the way for increased institutional investment and regulatory clarity in crypto markets. The post CoinShares Litecoin ETF moves forward as SEC begins formal review appeared first on Crypto Briefing.
Bloomberg ETF analysts estimate that Litecoin funds (90%) have the highest chance of approval, with XRP funds a bit lower at 65%.
Litecoin could soar by 25% to reach $180 if it closes a daily candle above the $140 mark.
Litecoin price is doing well even as Bitcoin and other altcoins retreat. LTC has risen in the last two consecutive days and is hovering at its highest swing since January 18.
The crypto market cap is up by nearly $100 billion since yesterday's low.
Despite the ongoing market turmoil and top altcoins plunging below their important support levels, the Litecoin price has maintained its value above its important support of $125. This highlights a strong bullish dominance for the altcoin this month.
The broader digital currency ecosystem is undergoing an intensive rebound, with Litecoin (LTC) leading the altcoin rebound. At press time, Litecoin's price changed hands for $135.57, up by 10.56% in the past 24 hours, per data from CoinMarketCap.
"$140 is the next resistance target, and above that, we will see a rally towards the $170 resistance target area," one analyst predicted.
Litecoin (LTC) breaks out of a symmetrical triangle, targeting $200 next. With ETF speculation, market resilience, and LTC/BTC bottoming, analysts eye $400-$800 in this cycle.
The U.S. Securities and Exchange Commission's (SEC) recent acknowledgment of XRP ETF filings has created a stir in the crypto community. These filings mark a major milestone for the cryptocurrency, as the application was previously rejected or withdrawn.
LTC, the native token of Litecoin, is making waves and garnering significant attention from crypto enthusiasts. On February 19, 2025, while the overall cryptocurrency market sentiment remains bearish and top assets like Bitcoin (BTC), Ethereum (ETH), and XRP struggle to gain momentum, LTC has outperformed the market with a 4.5% gain.
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.
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.