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LTC’s Bullish Momentum Continues: Wave (3) Drives Price to New Highs

LTC’s Bullish Momentum Continues: Wave (3) Drives Price to New Highs

Author:
LTC News
Published:
2025-07-18 21:58:13
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[TRADE_PLUGIN]LTCUSDT,LTCUSDT[/TRADE_PLUGIN]

Litecoin (LTC) is experiencing a significant surge, breaking above its May highs as part of a five-wave bullish impulse. The cryptocurrency, which was previously flagged for a potential rally on May 30, has now entered wave (3) of this upward trajectory, following a complex W-X-Y correction in wave (2). With altcoin dominance gaining strength, LTC is well-positioned for further gains during the ongoing altcoin season. This development highlights Litecoin's resilience and potential for continued growth in the dynamic cryptocurrency market.

Litecoin Surges as Predicted, Eyeing Further Gains in Altcoin Season

Litecoin's bullish trajectory continues to unfold as anticipated. The cryptocurrency, which was flagged for a potential rally on May 30, has now broken decisively above its May highs. A complex W-X-Y correction in wave (2) paved the way for the current upward momentum, with wave (3) of a five-wave bullish impulse now in play.

Altcoin dominance is gaining strength, suggesting Litecoin could see additional upside during the altseason. Traders should remain cautious of short-term pullbacks, but the broader trend appears firmly positive.

Canary Capital Files First Staked INJ ETF, Driving Token to Monthly Highs

Injective's native token INJ surged over 8% following Canary Capital's filing for a staked ETF with the SEC. The proposed Canary Staked INJ ETF WOULD track the token's price while distributing staking rewards to shareholders—offering exposure without direct asset ownership.

Daily trading volume exceeded $209 million as the news broke, with INJ reaching $14.40 before slight retracement. The filing follows Delaware trust registration and joins pending ETF applications for XRP, TRON, and other altcoins.

Canary Capital cites growing institutional and retail demand for regulated staking products. The structure eliminates traditional wallet management hurdles by automating reward distribution through the ETF wrapper.

Cryptocurrencies Price Prediction: Litecoin, Stellar & Market Momentum

Litecoin's bullish cycle accelerates as predicted, with LTCUSD breaking May highs after completing a complex W-X-Y correction. The altcoin's surge coincides with growing dominance in the ALTseason, though traders should remain cautious of short-term pullbacks.

Stellar's Open Interest reaches unprecedented levels as XLM tests the $0.50 psychological barrier. Veteran analyst Peter Brandt notes the recovery run could produce one of crypto's most bullish chart formations.

Regulatory developments propel Bitcoin past $120,000, igniting a broad altcoin rally. US legislative progress appears to be catalyzing renewed institutional interest across digital asset markets.

Best Cryptos to Buy Before 200% Rally: Litecoin, Unilabs, and XRP ETFs in Focus

Litecoin is gaining momentum as bullish signals emerge, with its price hovering around $97—a 10% increase from last week's low. Market analysts attribute this uptick to heightened speculation about a potential Litecoin ETF approval, with Bloomberg raising the odds to 95%. Such an approval could significantly boost trading volume and stabilize price volatility.

Meanwhile, XRP continues its upward trajectory, likely fueled by the recent approval of its ETF. The altcoin's consistent performance underscores its resilience in a rebounding market.

Unilabs Finance, however, is stealing the spotlight with its impressive presale metrics and innovative features. Positioned as a dark horse, Unilabs has the potential to outpace both Litecoin and XRP in the coming months.

Litecoin Surges 28% in July as MEI Pharma Launches $100M Treasury

Litecoin (LTC) has reclaimed the $100 level, marking a 28% surge in July amid growing institutional and retail demand. The rally coincides with NASDAQ-listed MEI Pharma's announcement of a $100 million dedicated Litecoin treasury, developed in collaboration with Titan Partners Group and crypto investment firm GSR.

LTC's technical structure shows bullish momentum, reinforced by a MACD buy signal. The cryptocurrency now trades around $104, its highest level in nearly two months. MEI Pharma's strategic MOVE represents one of the largest institutional endorsements of Litecoin to date.

Litecoin creator Charlie Lee will join MEI Pharma's Board of Directors, while the Litecoin Foundation has made an equity investment in the biopharmaceutical company. "This partnership brings Litecoin's utility into an institutional setting for the first time," Lee noted, highlighting the network's 14-year track record of stability and accessibility.

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