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Cryptocurrency News Articles
Litecoin (LTC) Price Prediction 2025-2026: Will the Bitcoin Beta Maintain Uptrend?
Feb 11, 2025 at 09:00 pm
Litecoin's[LTC] price surged +20% in the past two days and topped $132 amid renewed ETF speculation in the US.
Litecoin’s [LTC] price noted a strong uptrend over the last two days, surging over +20% to finally top the $132-mark on Monday. This upbeat price movement came amid renewed speculation regarding an Exchange-Traded Fund (ETF) approval in the United States.
According to Bloomberg ETF analysts James Seyffart and Eric Balchunas, the odds of a LTC ETF being approved by 2025 were as high as 90%. Their analysis further highlighted that among the altcoin ETFs, LTC had the highest approval odds. However, the final SEC deadline is October 2025.
So, will LTC continue to front-run the approval odds or will the uptrend lose steam in the short term? Let’s analyze LTC’s price action on the daily and weekly timeframes.
LTC price retests range-highs, where to next?
LTC’s daily price chart on Binance showed the coin bullish but still trading within the $95-$140 price range that has been observed since last November.
However, the daily Relative Strength Index (RSI) was yet to hit the overbought zone, suggesting that the ‘Bitcoin beta’ still had some room for growth before tiring out of the recent uptrend.
That being said, unless Bitcoin surges beyond $100K, LTC’s range-high at $135 (red zone) could become another sell-zone. Sell-off pressure could come from swing traders who jumped on the buying opportunity during last week’s de-leveraging event. They would be up 30% in profit.
However, when zoomed out on the higher timeframe (weekly chart), the next key level for LTC would be $180. The $100-$180 range was a key range in 2021 before LTC extended its winning streak to +$280.
LTC’s H4 chart showed that over 73% of LTC holders were in profit at press time. This was a massive short-term pitfall that late FOMO speculators should keep in mind.
According to IntoTheBlock, LTC hit local tops last December and March when profitability hit 84% and 72%, respectively. This meant LTC’s sustained rally could be capped if holders began booking profit in large numbers.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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