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LTC Poised for Breakout as Key Resistance Level Tested

LTC Poised for Breakout as Key Resistance Level Tested

Author:
LTC News
Published:
2025-05-18 19:52:24
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[TRADE_PLUGIN]LTCUSDT,LTCUSDT[/TRADE_PLUGIN]

Litecoin (LTC) is showing strong signs of a potential bullish breakout as it consolidates near the critical $100 resistance level. After a prolonged bearish trend, LTC has surged 31% over the past month, with technical indicators pointing to further upside. Key price targets are identified at $105, $115, and $129, supported by increasing trading volume and a positive RSI momentum. Market participants are closely monitoring for a decisive break above $100 to confirm the next upward leg. As of May 19, 2025, LTC is trading at 97.47000000 USDT, with Optimism growing for a sustained rally.

Litecoin Eyes Breakout as Price Tests Key Resistance Level

Litecoin consolidates near the $100 resistance level, signaling potential bullish momentum after a prolonged bearish trend. The cryptocurrency has gained 31% over the past month, with technical indicators suggesting further upside.

Key price targets sit at $105, $115, and $129, supported by rising trading volume and positive RSI momentum. Market participants are watching for a decisive break above $100 to confirm the next leg upward.

Risk management remains crucial, with support levels at $85 and stop-loss points at $97 and $80. A successful breakout could catalyze broader altcoin market movement.

Odds Of Solana and Litecoin ETFs Still High Despite SEC Delays, Focus Increases On This New XRP Rival

The cryptocurrency market continues to anticipate the approval of spot ETFs for major altcoins like Solana (SOL) and Litecoin (LTC), despite recent delays by the U.S. Securities and Exchange Commission. Analysts remain optimistic about potential 2025 launches, reflecting growing institutional interest in digital assets beyond Bitcoin and Ethereum.

Investor attention is pivoting toward emerging altcoins, particularly Remittix, which has raised over $15 million in presale funding. Market observers highlight its potential as a competitive alternative to XRP in cross-border payment solutions, attracting significant capital inflows from crypto whales.

Litecoin Holder Data Signals Resilience Amid Market Volatility

Litecoin’s long-term viability remains a focal point as 2025 progresses, with holder metrics painting a surprisingly bullish picture. The so-called ’digital silver’ continues to demonstrate holder conviction, with IntoTheBlock data revealing 69% of addresses remain profitable despite prices lingering 30% below December 2024 highs.

Current trading NEAR $99 masks underlying strength—only 25% of holders sit at a loss, an exceptional ratio in today’s market. This divergence between price action and holder profitability suggests accumulation phases typical of assets with strong network fundamentals.

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