LTC Price Prediction: Will Litecoin Surge Past $90 Amid ETF Buzz?

LTC Price Prediction

LTC Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst John, Litecoin (LTC) is currently trading at 86.58000000 USDT, below its 20-day moving average (MA) of 95.7695. The MACD indicator shows a bullish crossover with values at 4.8379 (signal line) and 1.3878 (MACD line), suggesting potential upward momentum. Bollinger Bands indicate volatility, with the upper band at 105.1394 and the lower band at 86.3996, framing the current price near the lower boundary. This setup hints at a possible rebound if buying pressure increases.

Litecoin Market Sentiment: ETF Hype and Whale Activity

BTCC financial analyst John notes that Litecoin’s price action is being influenced by strong market sentiment, driven by ETF approval rumors and significant whale accumulation. News headlines highlight a 46% surge in LTC price amid ETF speculation, alongside reports of whales accumulating 930K LTC. While the technicals suggest cautious optimism, the news-driven hype could push prices higher, especially if ETF approvals materialize.

Factors Influencing LTC’s Price

Litecoin Jumps 46% as ETF Approval Buzz Builds

Litecoin has experienced a significant market capitalization increase of 46%, driven by growing network utility and rising institutional interest. Speculations around an exchange-traded fund (ETF) for Litecoin have also contributed to the value increase. Bloomberg analysts indicate a 90% likelihood of the U.S. Securities and Exchange Commission (SEC) approving an ETF for Litecoin, outpacing the chances for other cryptocurrencies.

Litecoin Sees Significant Growth Amid ETF Rumors and Network Utility Increase

Litecoin has experienced remarkable growth in capitalization and billion-dollar transactions, fueled by rumors of a potential exchange-traded fund (ETF) and an increase in network utility. Despite being overshadowed by other large-cap cryptocurrencies, Litecoin has been on a steady and impressive growth path. Between February 2 and February 19, 2025, its market capitalization jumped by 46%, indicating growing enthusiasm around the cryptocurrency. This surge is attributed not only to ETF rumors but also to the strong growth in Litecoin’s network utility.

Crypto ETF Updates: US Crypto Index ETFs Now Live, with More Digital Assets to Be Added

Franklin Templeton’s EZPZ ETF, which holds both BTC and ETH, and the Hashdex Nasdaq Crypto Index US ETF have launched in the US. The Hashdex fund plans to add seven more digital assets, including SOL, XRP, ADA, LINK, AVAX, LTC, and UNI, according to a recent filing.

Bitcoin Cash Stumbles Amid ETF Discussions, Litecoin Gains Momentum

Bitcoin Cash (BCH) experienced a volatile week, initially rising 6% to $330 before falling 4% to approximately $318. The surge was partially driven by discussions around new exchange-traded funds (ETFs), but the excitement was short-lived. In contrast, Litecoin (LTC) gained momentum as the SEC’s approval of more ETF proposals spurred investor interest. BCH’s average transaction size has dropped 67% since February, indicating cautious behavior among large investors, while LTC’s average transaction size increased by 35%, showing strong institutional interest. Technically, BCH is at risk of a “death cross,” potentially signaling a bearish trend. Despite current challenges, any recovery above $350 for BCH remains slow and uncertain.

Altcoins Surge Past Bitcoin in Trading Volume, Signaling Altcoin Season

Altcoins now have 2.7x the trading volume of Bitcoin, signaling a potential altcoin season. CryptoQuant CEO Ki Young Ju claims the altcoin season is driven by volume, particularly from stablecoins like USDT and USDC, rather than direct Bitcoin rotation. Experts have generated contrasting viewpoints about the altcoin market undergoing fundamental transformation.

Litecoin Whales Accumulate 930K LTC Amid ETF Hype

Litecoin whales have accumulated 930,000 LTC in two weeks, signaling strong bullish sentiment. Analyst Eric Balchunas predicts a 90% chance of Litecoin ETF approval in 2025. Traders Carl Moon and Solberg Invest foresee a breakout, targeting $143 to $230. The large-scale buying spree unfolded amid growing anticipation surrounding a potential Litecoin ETF, boosting investor confidence.

3 Top Crypto Picks for February 2025 – These Coins Could 10X This Year!

The cryptocurrency market is buzzing with activity as we move into February 2025. With institutional adoption increasing and new blockchain innovations emerging, the crypto space is full of opportunities. Qubetics, Litecoin, and Toncoin are the three cryptos making headlines due to their latest developments, real-world applications, and growing investor interest. Qubetics ($TICS) is leading the charge in blockchain interoperability, allowing seamless asset transfers between different networks, tackling the biggest problem in crypto—blockchain silos.

Litecoin Whales Accumulate Ahead of Possible Price Surge

Litecoin (LTC), a long-standing cryptocurrency, has seen a slight decline recently with its price dropping to $127.97 after a minor 0.46% dip in the last 24 hours. Despite this short-term downturn, investor sentiment remains positive, particularly among large Litecoin holders known as ’whales.’ In the past two weeks, these whales have significantly increased their holdings, accumulating nearly 1 million LTC tokens. Crypto analyst Ali Martinez suggests that this surge in whale activity is a clear indication of positive price movement expectations in the near future. Whale accumulation is often seen as a bullish signal in the cryptocurrency market.

Litecoin, Hedera Front Runners for Next Spot Crypto ETF

Canary Capital has filed a rule change with the Securities and Exchange Commission (SEC) for its Hedera (HBAR) ETF. The filing proposes listing shares as commodity-based trust shares under Nasdaq rule 5711(d). Bloomberg’s Eric Balchunas noted that the filing follows an amended S-1 submitted after the SEC provided comments, positioning the HBAR ETF alongside Litecoin (LTC) as a leading proposal among altcoin spot ETF applications. Regulatory shifts following Gary Gensler’s departure as SEC Chair have coincided with a rise in altcoin ETF filings, including proposals for spot ETFs on assets such as XRP and Dogecoin (DOGE).

Litecoin Struggles with Potential Drop Below $100

Litecoin (LTC) is experiencing increasing pressure as the broader cryptocurrency market pulls back. With a recent 24-hour drop of 3% to $123.31, Litecoin’s momentum is fading. The crypto market has seen nearly $250 million in liquidations over the past 24 hours, contributing to a bearish sentiment in Litecoin. Selling activity has raised concerns that Litecoin might test its next major support level near $98, potentially falling below the $100 mark.

Qubetics Top Token Presale Reaches $14.1M, Litecoin Mentioned

Qubetics ($TICS) is revolutionizing the blockchain and crypto scene with its 23rd presale stage raising over $14.1 million. The token has been sold to more than 21,300 holders, addressing real-world problems that other projects have struggled to solve. Qubetics stands out as a pioneering solution designed to bridge the gap between traditional finance and the emerging digital economy through Real World Asset Tokenization. Additionally, Litecoin (LTC) holds strong, although no specific details about LTC’s performance were provided in the context of this news.

Will LTC Price Hit 90?

Based on technical indicators and market sentiment, LTC has a strong chance of testing the $90 resistance level. The MACD’s bullish signal and whale accumulation align with positive ETF-related news, creating a favorable environment for upward movement. However, traders should monitor the 20-day MA (95.7695) as a key resistance level.