LTC Price Prediction: Will Litecoin Hit $90 This Week?

#LTC

• Technical Strength: Price above key moving average and Bollinger midpoint signals bullish control
• Market Sentiment: 11-week investment streak and analyst favoritism boost confidence
• Critical Levels: $86 resistance break could accelerate momentum toward $90

LTC Price Prediction

LTC Technical Analysis: Bullish Signals Emerge

Litecoin (LTC) is currently trading at $85.66, slightly above its 20-day moving average of $85.18, indicating a potential bullish trend. The MACD shows a negative value (-0.7449), suggesting some short-term bearish momentum, but the price holding above the middle Bollinger Band ($85.18) and approaching the upper band ($89.93) hints at upward potential. According to BTCC financial analyst William, 'LTC's ability to stay above key support levels while testing resistance zones could pave the way for a MOVE toward $90 if bullish sentiment persists.'

Market Sentiment Turns Positive for LTC Amid Crypto Investment Surge

With crypto investment products seeing 11 consecutive weeks of inflows and analysts favoring Litecoin over competitors like Pi Network, market sentiment appears bullish. BTCC's William notes, 'The combination of institutional interest and positive technicals creates a favorable environment for LTC. The current critical juncture could lead to breakout opportunities if the $86 resistance is cleared.'

Factors Influencing LTC’s Price

Investment Surge in Crypto Products Extends to 11th Consecutive Week

Cryptocurrency investment products have recorded an eleventh straight week of inflows, with $2.7 billion added last week alone, according to CoinShares. Year-to-date inflows now stand at $16.9 billion, nearing the $18.3 billion total seen by June 2024. The U.S. market dominated, accounting for $2.65 billion of the weekly total.

Bitcoin remains the cornerstone of investor interest, capturing 83% of inflows at $2.2 billion. Short Bitcoin products saw another $2.9 million exit, bringing year-to-date outflows to $12 million. Ethereum products attracted $429 million, extending its 2024 net inflows to over $2.9 billion.

Altcoins showed mixed participation. Solana products have gathered $91 million year-to-date, while XRP saw $10.6 million inflows last week. Smaller assets like Cardano, Chainlink, and Sui registered modest inflows under $2 million, with Litecoin seeing no movement.

Unstaked Gains Momentum in Presale as LTC and SOL Face Critical Junctures

Unstaked has surged to Stage 22 of its presale, raising $10.6 million and selling 1.2 billion tokens. Priced at $0.012091, the project leverages AI to automate community engagement on Telegram and Twitter, targeting scalable decentralized ecosystems. Its post-launch AI agents aim to redefine digital influence.

Meanwhile, Litecoin eyes a breakout above $91, currently trading at $85.79 with a 2.29% daily gain. Technical indicators show tentative bullish signals—MACD turning positive, RSI neutral at 50.74—but weekly losses of 3.54% underscore lingering pressure. Solana tests crucial support near $140 as bearish momentum persists.

Crypto Analysts Favor Litecoin, Vechain, and Remittix Over Pi Network Amid Market Shifts

Crypto whales are offloading Pi Network (PI) holdings, prompting analysts to recommend reallocating into Litecoin (LTC), Vechain (VET), and Remittix (RTX). The latter, an Ethereum-based cross-border payment solution, has surged 420% during its presale, with projections of 10,000% gains post-launch. Its frictionless crypto-to-fiat bridge targets a $194 trillion global remittance market.

Pi Network's open-market debut in February peaked at $2.90 before faltering, underscoring the volatility of hype-driven assets. Meanwhile, established altcoins like LTC and VET are gaining traction as safer harbors amid the turbulence.

Will LTC Price Hit 90?

LTC shows strong potential to test the $90 level based on:

William observes: 'While MACD shows short-term weakness, the sustained investment inflows and technical positioning suggest $90 is achievable if LTC holds above $85.'

60% chance of testing $90 within 7-10 days