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LTC Price Prediction: Will Litecoin Hit $90 Amid Market Rally?

LTC Price Prediction: Will Litecoin Hit $90 Amid Market Rally?

Author:
LTC News
Published:
2025-06-27 03:03:30
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[TRADE_PLUGIN]LTCUSDT,LTCUSDT[/TRADE_PLUGIN]

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  • Technical Resistance: LTC must breach $85.77 (20-day MA) to target $90.
  • Market Sentiment: Coinbase's token integration and cloud mining trends are bullish catalysts.
  • MACD Divergence: Watch for a bullish crossover to confirm upward momentum.

LTC Price Prediction

LTC Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Robert, Litecoin (LTC) is currently trading at $85.22, slightly below its 20-day moving average (MA) of $85.77. The MACD indicator shows a slight bearish crossover with the MACD line at 2.7729 and the signal line at 2.8093, suggesting potential short-term consolidation. Bollinger Bands indicate a range between $92.06 (upper) and $79.47 (lower), with the middle band at $85.77. Robert notes that a break above the 20-day MA could signal a bullish reversal, while failure to hold above $85 may lead to further downside.

LTCUSDT

Market Sentiment: Positive Catalysts for LTC

BTCC analyst Robert highlights positive market sentiment driven by Coinbase's expansion of wrapped Cardano and Litecoin tokens on its Base Network, which could enhance liquidity and utility for LTC. The growing trend in cloud mining platforms also reflects sustained interest in crypto assets like Bitcoin and Litecoin. Robert cautions that while these developments are bullish, traders should monitor technical levels for confirmation of upward momentum.

Factors Influencing LTC’s Price

Top 6 Trusted Auto Cloud Mining Platforms to Mine Bitcoin in 2025

Cloud mining has democratized Bitcoin production, allowing participants to rent remote computing power without managing physical hardware. The industry's pivot toward sustainable energy solutions addresses longstanding environmental concerns while maintaining profitability.

Leading platforms now combine automated payouts with flexible contracts, supporting major cryptocurrencies like BTC, ETH, and LTC. MiningToken distinguishes itself with a $100 signup bonus and multi-coin support, while Bitdeer and ECOS lead in renewable energy adoption. These services demonstrate how institutional-grade mining infrastructure is becoming accessible to retail investors.

Cryptocurrency Market Rally and Cloud Mining Trend

Bitcoin surged past $107,000 amid Middle East ceasefire developments and clearer US regulatory signals, sparking a broad crypto rally. XRP gained over 10% to break $2.18, with analysts noting similarities to its pre-breakout pattern in early 2024. Dogecoin mirrored the momentum with a double-digit percentage increase, while Solana, Ethereum, and Litecoin also strengthened as capital rotated back into major digital assets.

Cloud mining emerges as a focal point for investors seeking passive exposure. "We're seeing a strategic shift from speculation to yield generation," stated a BAY Miner representative, positioning their mobile platform as a simplified gateway to cryptocurrency mining. The service promises to eliminate technical barriers and upfront costs associated with traditional mining operations.

Coinbase Expands Base Network with Wrapped Cardano and Litecoin Tokens

Coinbase has integrated Cardano's ADA and Litecoin onto its Ethereum layer-2 network, Base, through the introduction of cbADA and cbLTC. These wrapped tokens are fully backed by their underlying assets held in Coinbase custody, with minting and burning conducted at a 1:1 ratio. Regular proof-of-reserves audits ensure transparency.

Over 11,300 wrapped LTC and 2.9 million wrapped ADA have already been minted on Base, signaling strong initial adoption. The move follows Coinbase's earlier additions of wrapped Bitcoin, Ether, XRP, and Dogecoin, solidifying Base's position as a leading cross-chain ecosystem in the layer-2 space.

Wrapped tokens bridge interoperability gaps, enabling ADA and LTC holders to participate in Ethereum-based DeFi activities like yield farming and trading without liquidating their original holdings. Base's TVL now exceeds $3 billion, with ecosystem projects likely to offer liquidity incentives for these new assets.

Will LTC Price Hit 90?

Robert from BTCC suggests that LTC's path to $90 depends on overcoming key resistance at the 20-day MA ($85.77) and upper Bollinger Band ($92.06). Current technicals show mixed signals, but positive news flow could fuel momentum. Below is a summary of critical levels:

IndicatorValue
Current Price$85.22
20-Day MA$85.77
Upper Bollinger Band$92.06
MACD SignalNeutral-to-Bearish

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