LTC Bulls Target $96 Breakout as Golden Cross Signals Strong Momentum

Litecoin (LTC) is showing strong bullish signals as it consolidates above $86, with analysts predicting a potential breakout to $96. The nearing weekly Golden Cross formation and a Binance long/short ratio exceeding 2.3 highlight growing trader confidence in LTC's upward trajectory. This article delves into the technical and market factors driving Litecoin's momentum and what investors can expect in the coming weeks.

Litecoin Price Prediction: Analysts Eye $96 Breakout as Golden Cross Nears

Litecoin's bullish momentum is gaining traction as it closes above $86, confirming a trendline breakout. Analysts are now targeting a short-term MOVE to $96, with the weekly Golden Cross formation adding to the optimism. The Binance long/short ratio surpassing 2.3 underscores growing trader confidence in LTC's rally.

The daily chart reveals Litecoin consolidating between $84 and $86, a range that has flipped to support. A decisive break above $96 could pave the way for a push toward $112, with some analysts even eyeing $170 as a longer-term target. The recent price action has invalidated prior bearish patterns, positioning LTC as a leading altcoin candidate for the next market upswing.

Litecoin Treads Water Amid ETF Speculation and Market Lull

Litecoin (LTC) hovered between $85 and $87 after retreating from a two-week peak above $88, reflecting a stalemate between buyers capitalizing on dips and sellers capping gains at resistance. A potential "golden cross" formation—where the 50-day moving average overtakes the 200-day line—hints at future upside, but bulls need a decisive break above $87 to confirm momentum.

Bloomberg analysts now assign a 95% probability to SEC approval of spot ETFs for Litecoin, XRP, and solana by year-end, with Polymarket traders pricing the odds at 86%. Such approval could unlock mainstream demand by enabling brokerage-account exposure to LTC.

Technical indicators reveal tight range-bound action: Sellers aggressively defended the $86.65-$87.10 zone, while buyers consistently propped up support between $85.02-$85.23. The CoinDesk 20 index dipped just 0.25%, underscoring broader market lethargy.

Tuttle Capital Files Amendment for 2x Leveraged Crypto ETFs Targeting SOL, XRP, and Meme Assets

Tuttle Capital has moved closer to launching a suite of high-risk, high-reward crypto ETFs. An amended filing sets July 16 as the effective date for 10 Leveraged funds offering 2x daily exposure to major cryptocurrencies and meme tokens.

The proposed ETFs would track Solana, Cardano, Polkadot, and XRP alongside politically-themed meme coins like TRUMP. This marks a significant expansion of crypto derivatives following January's initial filing.

Bloomberg ETF analyst Eric Balchunas notes effective dates typically precede launches, though aren't guarantees. The products WOULD join Tuttle's existing lineup of aggressive investment vehicles that amplify both gains and losses.

Is Crypto Ready for Q-Day? Quantum Computing Threat Looms

The cryptocurrency industry faces an existential threat from quantum computing, with experts warning that current encryption standards could be rendered obsolete overnight. Q-Day—the moment quantum computers can crack today's cryptographic protocols—isn't a theoretical future scenario but an imminent reality.

IBM Quantum's Jay Gambetta states the threat is already present, with nation-states actively harvesting encrypted data in anticipation of future decryption capabilities. This 'Harvest Now, Decrypt Later' strategy means sensitive financial data, including blockchain transactions and wallet security, may already be compromised.

While no major breaches have occurred yet, the entire digital asset ecosystem—from Bitcoin to ethereum and beyond—must accelerate quantum-resistant cryptography adoption. The window to address this vulnerability is closing faster than many projects realize.

MiningToken Emerges as Leading Platform for Passive Bitcoin Mining

Swiss-based MiningToken is disrupting traditional Bitcoin mining by offering cloud-based solutions that eliminate the need for expensive hardware and technical expertise. The platform allows users to rent hashpower from professional mining farms, generating daily profits in cryptocurrencies like Bitcoin, Litecoin, and Dogecoin.

With features including smart automation, green energy sourcing, and a $100 sign-up bonus, MiningToken appeals to both novice and experienced crypto traders. The service removes barriers to entry by handling all technical aspects of mining operations while providing 24/7 secure infrastructure.

Bloomberg Analysts Forecast 95% Likelihood of Solana, Litecoin, XRP ETF Approvals by 2025

Bloomberg ETF analysts Eric Balchunas and James Seyffart have raised their approval probability for spot ETFs tracking Solana (SOL), Litecoin (LTC), and XRP to 95% for 2025, signaling a potential watershed moment for altcoin institutional adoption. The analysts cite shifting SEC regulatory postures and market maturation as key drivers, with Seyffart predicting "a wave of new ETFs" in late 2025 following tomorrow's landmark launch of the first US Solana staking ETF.

Over 70 cryptocurrency ETF applications remain in regulatory limbo, but the analysts' June 30 research note suggests the SEC is constructing an approval framework beyond CFTC-regulated futures products. Balchunas emphasized the commission's preparations for expanded crypto ETF offerings during a July 1 commentary, though his statement regarding Tuttle Capital Management was truncated in the source material.