LTC Faces Bearish Pressure as Key Resistance Holds Strong

Litecoin (LTC) continues to struggle below a critical resistance level as bearish sentiment gains momentum. Derivatives data indicates a surge in short positions, reaching a monthly high, while technical analysis points to a potential decline toward the $93-$95 range. The emergence of a dead-cat bounce pattern further underscores the prevailing weakness in LTC''s price action. Meanwhile, Ethereum (ETH) is testing the $2,850 resistance level, supported by a record futures open interest of 15.21 million ETH. A 12% rally over three days has coincided with rising funding rates, suggesting heightened speculative activity in the ETH market. As of June 13, 2025, the cryptocurrency market remains volatile, with LTC''s near-term outlook leaning bearish amid broader market uncertainty.

Cryptocurrencies Price Prediction: Litecoin, Ethereum & Ripple — Asian Wrap 12 June

Litecoin struggles below key resistance as bearish sentiment intensifies. Derivatives data reveals short positions hitting a monthly high, with technical analysis suggesting potential downside toward $93-$95. The dead-cat bounce pattern signals continued weakness.

Ethereum tests $2,850 resistance amid record futures open interest of 15.21 million ETH. The 12% three-day rally coincides with rising funding rates and accumulation address inflows, reflecting growing institutional appetite.

Ripple shows early breakout signals toward $3.00 as institutional interest builds. The marginal gains come despite broader market caution, with traders watching for confirmation of sustained momentum.

Cardano''s ADA Joins Nasdaq Crypto Index Alongside Bitcoin and Ethereum

Cardano''s ADA token has been added to the Nasdaq Crypto Index, marking a significant milestone for the blockchain project. The inclusion places ADA among established cryptocurrencies like Bitcoin and ethereum in a benchmark closely watched by institutional investors.

The index expansion from five to nine assets now incorporates ADA, Solana (SOL), Ripple (XRP), and stellar (XLM) alongside existing components Bitcoin, Ethereum, Litecoin, Chainlink, and Uniswap. This broadening reflects growing institutional acceptance of alternative layer-1 blockchains.

Bitcoin''s weighting in the index decreases from 85% to 75%, while Ethereum''s share rises slightly from 10% to 11%. The rebalancing offers portfolio managers greater diversification options beyond the two dominant crypto assets.

Litecoin Faces Bearish Pressure Amid Market Volatility

Litecoin (LTC) slid 3.59% to $89.26 as bearish momentum intensified, breaching its 20-day moving average. The drop followed a brief rally to $94.01 before volatility pushed prices to a $88.24 low. Technical indicators suggest further downside risk, with $83.19 as the next critical support level.

Trading volume dipped 3.51% to $425.29 million, reflecting waning investor interest. Yet historical patterns offer a glimmer of hope—Litecoin has averaged 8.86% gains in June. A repeat could propel LTC toward $97.17 if bullish sentiment resurfaces.

The market remains divided. While May''s 12% rally showcased resilience despite SEC ETF delays, current technicals advise caution. All eyes are now on the $88 support level as traders gauge whether Litecoin''s typical summer strength will materialize.