Litecoin Surges 2%+ as Whale Accumulation Sparks Breakthrough Past Critical Resistance

Whales are circling—and Litecoin''s breaking free.

The silver to Bitcoin''s gold just punched through a key resistance level, climbing over 2% as large holders stack more LTC. This isn''t just retail FOMO—it''s smart money positioning.

When whales move, markets listen. Litecoin''s latest surge suggests institutional players might be waking up to its ''digital silver'' narrative—or maybe they just enjoy watching traders chase pumps. (Old habits die hard in crypto.)

One thing''s clear: That resistance break wasn''t luck. It was bought.

Technical Analysis Overview

Litecoin’s price action over the past 24 hours shows a potential bullish reversal, according to CoinDesk Research''s technical analysis data model.

Its rise was marked by a pattern of higher lows and higher highs, often associated with growing demand, while significant trading activity accompanied each leg up. Spikes in volume, well above daily averages, suggest steady institutional interest rather than sporadic retail enthusiasm.

Support emerged NEAR the $86.50 range, where buyers stepped in repeatedly, and resistance near $87.80 was eventually broken following a concentrated surge in trades, according to the model.

Three distinct buying waves pushed LTC past resistance levels. During one burst alone, nearly 28,000 tokens changed hands, helping turn previous resistance into a new support floor just above $88.

Selling pressure tapered off following the move.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk''s full AI Policy.