LTC News: Litecoin Shows Bullish Momentum Despite Market Struggles, Investors Eye Future Growth
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Litecoin Price Bullish Momentum As Market Struggles
Litecoin has demonstrated resilience in the recent market crash, with a strong ability to bounce back. In the last 24 hours, LTC bulls pushed up the price by 7.26% to $119.81. This performance confirms Litecoin as one of the most attractive cryptocurrencies for investors, despite experiencing some drawdowns like most of its counterparts. LTC was only 11% away from its 3-month resistance level at $139.
Litecoin Momentum Slows, Investors Speculate on Coldware (COLD)
Litecoin (LTC) has struggled to maintain its bullish momentum, dropping 8.43% over the past week despite strong network activity and ETF approval anticipation. LTC is currently trading at $126, up 9% in the past 24 hours but down 12% from its 2025 peak. Investors are now considering Coldware (COLD), a Web3 DePIN project, should it receive ETF-like institutional backing. Analysts remain divided on LTC’s future trajectory amid ETF speculation and bearish market conditions.
Crypto Whales’ Strategy During Bitcoin’s Tug-Of-War
Bitcoin’s recent drop near $78,000 sparked robust buying, highlighting bullish resilience amid volatility. The whale known as “Spoofy” strategically acquired 4,000 Bitcoins, signaling confidence in an eventual rebound. Standard Chartered projects Bitcoin could reach $200,000 this year and hit $500,000 before key political events in the U.S. Ether experienced volatility, with the potential to overcome resistance or retest support levels. Solana and Dogecoin faced market resistance, but buying interest suggested possible future rallies. Litecoin and Cardano navigated challenging channels, dealing with supportive and resistant market forces.