Litecoin is capturing the spotlight with a massive 10% weekly rally, but all eyes are on a critical price level that will determine its next major move. With the Litecoin ETF
 approval now in its final stages, LTC is trading at a definitive make-or-break moment. The convergence of a major technical test and imminent regulatory news is creating a powder keg of potential volatility.
The Technical Setup: A Precarious Balance
According to prominent analyst Ali Martinez, Litecoin is currently battling at a multi-year resistance trendline that has capped every major rally since 2023. The coin is testing crucial support at $115, and the outcome of this test will dictate its medium-term fate.
The situation is binary. A decisive breakout above the $135 ceiling would confirm a major bullish reversal, potentially unleashing significant upside. However, a rejection from current levels could be catastrophic. Martinez warns that failure to hold $115 could trigger a devastating crash toward the $50 support zone—a level that represents a 55% decline from current prices.

The Catalyst: Litecoin ETF Nears Finish Line
The fundamental driver behind this tension is the impending Litecoin ETF
 decision. Bloomberg analyst Eric Balchunas reports that Canary Capital has submitted its final S-1 amendment, including fees and tickers—typically the last step before launch. The proposed fee is set at 95 basis points, which is standard for newer asset classes entering the ETF space.
Market optimism is soaring, with Polymarket data showing a 98% probability of approval. This regulatory milestone represents a monumental validation for Litecoin and could unlock massive institutional demand, similar to what Bitcoin and Ethereum experienced post-ETF.
My Thoughts
This is the most significant moment for Litecoin in years. The technicals are at an inflection point just as the fundamentals are about to potentially transform. While the $50 crash scenario is frightening, the ETF approval could provide the rocket fuel needed to shatter the $135 ceiling. Traders should watch the $115 level like a hawk—it’s the line between a historic breakout and a devastating breakdown.