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Cryptocurrency News Articles
Litecoin (LTC) Price Prediction 2025: Why LTC ETF Has an Upper Hand & Could Come Before Others
Jan 19, 2025 at 06:25 am
With just a few more days until U.S. President-elect Donald Trump's inauguration, the crypto regulation space is poised for a shake-up.
As U.S. President-elect Donald Trump’s inauguration approaches, the crypto regulation space is set for a shake-up. Speculation has mounted that more cryptos may soon join BTC and ETH in receiving approval for spot ETFs with the incoming leadership at the SEC.
Among them, Litecoin has emerged as a leading contender, with excitement building for it. This momentum gained steam after Nasdaq’s recent filing of a 19b-4 form to list and trade the Canary Litecoin ETF.
The move caught the attention of ETF experts, including Nate Geraci, which Eleanor Terrett’s repost on X further amplified optimism about Litecoin’s prospects.
Meanwhile, the BTC price surge has lifted the broader altcoin market and has only partly fueled Litecoin’s rise. Bloomberg Intelligence analysts Eric Balchunas and James Seyffart weighed in on the filing.
Seyffart has confirmed the news of ETF filing. Meanwhile, Balchunas echoed this sentiment and said the development aligns with his earlier prediction of a wave of crypto ETF approvals in 2025. Both analysts believe Litecoin is the most likely candidate for approval next.
Why Litecoin ETF Has an Upper Hand & Could Come Before Others In 2025?
One of Litecoin crypto’s key advantages is regulatory clarity. Unlike some other cryptocurrencies, it has consistently been treated as a normal crypto, similar to a commodity rather than a security.
This distinction, along with its proof-of-work (PoW) consensus mechanism, makes Litecoin a straightforward choice for institutional adoption. Nasdaq’s filing has now placed the SEC in a position to decide on the Canary Litecoin ETF.
For Litecoin, this is a pivotal moment. If the ETF gains approval, it could open the doors to significant mainstream adoption. Furthermore, it could establish Litecoin as a cornerstone of regulated crypto investments.
As the countdown to the new administration begins, all eyes are on Litecoin and its potential to shape the next phase of cryptocurrency integration into traditional finance. The filing signals optimism for Litecoin and the broader evolution of the crypto market under a shifting regulatory landscape.
Is LTC Price Action Following A Similar Path As XRP?
On a monthly basis, Litecoin’s historical price movements demonstrated an intriguing correlation with BTC. It focused on their connection throughout the 2017 and 2021 bull runs.
Litecoin price mirrored Bitcoin’s explosive rallies and its deep corrections, including the prolonged decline that extended to the end of 2022.
During the fall, the BTC price plummeted to $16,000. Litecoin similarly retreated to its multi-year support around $50, a level that has consistently acted as a magnet for its price.
However, Litecoin’s behavior began to diverge in early 2023. While Bitcoin skyrocketed, reclaiming $30,000 mid-year as its first major milestone, the Litecoin price lingered near its $50 zone. That showed a stark contrast in momentum.
Bitcoin price moved forward and surged to $73,000 in Q1 2024 and later reached an all-time high (ATH) of $108,000. At the same time, the LTC price action remained lackluster, failing to exhibit any comparable excitement.
Despite losing its close correlation with BTC, the Litecoin price appears to be charting a distinct trajectory. This draws parallels with the XRP price history.
XRP’s monthly chart demonstrates a gradual upward trendline punctuated by significant accumulation phases. That served as precursors to three major surges.
Notably, it was found that each surge in XRP followed a period of heavy accumulation along its trendline. Similarly, the Litecoin price has completed two significant rallies in the past. Both were triggered after strong accumulation phases.
Recent data suggested that the Litecoin price has again completed an accumulation phase. This positioned itself for what could be its third significant rally.
The start of 2025 has already provided a catalyst. It was the news of the Litecoin ETF filing that propelled prices to levels to near 2019 levels. This is reinforcing the narrative of a potential breakout.
Now hovering near $150, Litecoin price action is beginning to look more aligned with XRP’s historical surges. If this level is convincingly breached, Litecoin’s uptrend could gain momentum. This could mirror the sustained rallies seen in XRP’s ongoing uptrend.
A Look At Litecoin’s Technical Shows Bullish Force Rising
Litecoin’s technical indicators are painting a bullish picture across multiple timeframes. This suggested that significant upward momentum could be on the horizon.
The MACD, Awesome Oscillator (AO), RSI, and CMF leaned strongly toward bullish territory on the monthly chart. This signaled robust long-term strength.
Zooming into the daily chart, the recent surge propelled by the ETF filing news has driven Litecoin’s RSI to the overbought zone. It was currently hovering
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