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Litecoin's price increased 21% with trading volume up 263% to $2.92 billion as multiple analysts, including Peter Brandt and Tony Severino, identify technical indicators suggesting potential further upside movement.
Crypto analyst Tony Severino said Litecoin is about to pull an XRP, suggesting that the coin could soon enjoy a parabolic rally. The analyst alluded to a bullish indicator on LTC's chart, which showed that the crypto could witness this parabolic rally.
Veteran trader Peter Brandt recently sparked market optimism with his social media post, hinting at a potential Litecoin price rally to $420. Notably, this comes as the LTC crypto has noted a surge of nearly 21% today with its volume skyrocketing, indicating strong market confidence.
The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.
Bitcoin, XRP, and Litecoin are poised to sustain their upward momentum as the market transitions into a parabolic surge.
Litecoin was finally wrapped as an ERC-20 token on Ethereum. Initially, the WLTC/WETH pool on Uniswap V3 started with extremely low liquidity.
LTC consolidates near $97 with key resistance at $100. Explore technical analysis, whale activity, and ETF speculation driving momentum.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Litecoin (LTC) has gained considerable momentum, surging by 7.40% in the latest price action. This surge marks a positive reversal after the token broke above the 61.80% Fibonacci level at $88.84.
Litecoin has been trading within an ascending channel pattern, which typically signals gradual upward movement. However, the recent rally has propelled LTC above this trendline resistance, suggesting that buyers are in control.
Litecoin price held steady and retested the crucial resistance level at $100. LTC has jumped for three consecutive weeks and is now hovering at its highest level since April 2024. It has soared by over 100% from its lowest point this year.
The Bitcoin price inched close to $100K and after facing a small pullback, it is hovering within a range. In the meantime, the top altcoins that performed well in the 2021 bull run, like Litecoin & Polkadot, have triggered a fresh bullish run.
As Bitcoin momentarily approaches the $100k milestone, the Litecoin rally is heading to challenge the $100 mark. Crossing over the $90 mark, a post-retest reversal plans for a bull run ahead in the LTC price trend.
Assessing if LTC has enough firepower to break through its immediate resistance amid strong bullish sentiment in the market.
Story Highlights Litecoin price soared ~7% in 24 hours, reclaims the $90 mark. Technical indicators record a positive price action, highlighting further uptrend. Sustained bullish sentiment could push the altcoin to $100 this weekend. The Litecoin price has experienced a strong bullish recovery after recorded a bearish price action this week.
Litecoin (LTC) has just formed a golden cross on its daily charts, igniting fresh interest in the cryptocurrency community, given Bitcoin's rise to new all-time highs.
Litecoin maintains position above $80 support while facing multiple resistance levels up to $88, with technical indicators suggesting a decisive move pending as price consolidates within this range.
Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana's Pump.fun, Lester. Litecoin's post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.
Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone.
The Litecoin network is flourishing, with its hashrate approaching new all-time highs. Now at 1.7 PH/s, Litecoin's hashrate has consistently grown since the start of the year.
Shytoshi Kusama roasts Litecoin's assigned crypto gender switch, stirring a fiery tussle between the two meme coins.
Litecoin (LTC) has registered unusual activity on the Binance exchange. Whale Alert on X, the renowned blockchain transaction tracker, spotted the movement of 407,510 LTC valued at approximately $35.4 million.
65% of Litecoin holders or 5.23 million addresses are currently in profit.
The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.
