ltc

Litecoin (LTC) is riding the crypto market’s bullish wave, jumping 14% to $116 amid growing altcoin momentum. But beneath the surface, a $58 million whale sell-off threatens to derail its rally.

Whales vs. Holders: A Market Battle

🐳 Whales Cashing Out:

• Sold 500,000+ LTC (100K-1M LTC wallets)
• Equivalent to $58 million in sell pressure
• Signals short-term caution among big players

🛡️ Long-Term Holders Stand Firm:

• Mean Coin Age (MCA) data shows LTHs holding strong
• Their conviction often dictates mid/long-term trends
• Could provide critical support against further drops

Litecoin’s Make-or-Break Moment

Key Levels to Watch:

• $117 Resistance – Breakthrough could target $124 (4-month high)
• $105 Support – Likely floor if whale selling continues

What’s Next for LTC?

✅ Bullish Case: Retail + LTHs overpower whales, pushing past $117
⚠️ Bearish Risk: Whale dumping triggers retracement to $105

As one analyst noted:

“Litecoin’s resilience will be tested—whales are betting against the rally, but long-term believers aren’t budging.”

Litecoin (LTC) has fallen 7% in the last 24 hours, bringing its market cap to $9.33 billion. Despite this drop, technical indicators show mixed signals. The RSI remains neutral, while the Ichimoku Cloud suggests uncertainty in LTC’s next move.

The EMA structure is still bullish, but a downward slope in the shortest-term EMA raises concerns. If the trend continues, a death cross could form, signaling further downside. However, a breakout could push LTC 14% higher to $141, while further weakness might drive it down 14% to $106.

Litecoin RSI Stays Neutral

Litecoin’s RSI has dropped to 49.5, down from 69.6 just two days ago. This shift in momentum follows LTC’s 7% price decline, even after recent positive developments in its ETF applications.

What RSI Levels Mean:

• Above 70 → Overbought, potential reversal
• Below 30 → Oversold, potential bounce
• Between 40-60 → Neutral, market consolidation

At 49.5, LTC sits in the neutral zone, meaning neither buyers nor sellers have full control. However, the sharp drop from near-overbought levels signals weakening buying pressure.

If the RSI continues downward toward 40, LTC could see further declines. But if it stabilizes above 50, it may attract renewed buying interest, leading to a price recovery.

Ichimoku Cloud Shows Uncertainty

LTC’s price is moving downward after failing to hold above the Tenkan-sen (conversion line), which is now sloping downward—a sign of short-term weakness. The Kijun-sen (base line) remains flat, suggesting the market is testing equilibrium.

Key Levels to Watch:

• Above the Cloud → Bullish momentum
• Inside the Cloud → Uncertainty & consolidation
• Below the Cloud → Bearish signal

The Kumo (cloud) ahead is green, indicating a broader positive trend. However, LTC is hovering near the cloud’s edge, signaling uncertainty.

If LTC finds support between $120 and $126, it could stabilize and regain strength. But a move below the cloud would indicate weakening momentum and a possible trend reversal.

LTC Price Prediction: A 14% Move Incoming?

Litecoin’s EMA lines remain bullish, with short-term EMAs above long-term ones. However, the shortest-term EMA is sloping downward, suggesting weakening momentum.

If this trend continues and a death cross forms, LTC could test support at $117. A breakdown below this level could drive prices down to $111 or even $106—a 14% decline from current levels.

On the flip side, if buyers step in and RSI stabilizes, LTC could rebound. A move above $129 resistance could push the price toward $141, marking a potential 14% upside.

Litecoin (LTC) has retested the critical $100 resistance, gaining over 100% from its lowest point this year. It now trades at its highest level since April 2024, signaling strong momentum amid the ongoing crypto bull market.

Litecoin’s Technical Indicators Signal Big Moves

Several technical patterns suggest Litecoin is poised for a significant breakout:

1. Triple-Bottom Formation
   On the weekly chart, LTC has completed a triple-bottom pattern, with support at $57.90. This pattern, a bullish reversal signal, positions the neckline resistance at $112. A breakout above this level could trigger a parabolic move, with a potential target near $220—aligned with the 61.8% Fibonacci retracement.
2. Golden Cross Formation
   LTC has moved above its 50-week and 200-week EMAs, with a golden cross potentially forming soon. This rare bullish signal typically confirms a sustained upward trend.
3. Inverse Head and Shoulders
   On the daily chart, LTC formed an inverse head and shoulders pattern with its head at $50 in September. This bullish reversal pattern suggests Litecoin is on track to retest $112.6, a key level tied to multiple technical indicators, including Murrey Math Lines and the upper edge of a cup-and-handle formation.

Key Catalysts Behind Litecoin’s Rally

Several fundamental drivers also support Litecoin’s upward trajectory:

1. Rising Hash Rate
   Litecoin’s hash rate hit a record 1.44 Phash/s, reflecting network strength and security.
2. Bitcoin Comparison
   Litecoin remains an attractive alternative to Bitcoin, especially as BTC approaches $100,000, pricing out smaller investors.
3. Utility in Payments
   With faster transaction speeds and lower costs, Litecoin is widely used for payments, enhancing its appeal.
4. Market Sentiment
   The current greed-driven sentiment in the crypto market benefits LTC, as traders embrace riskier assets during bull cycles.

Analysts Predict Even Bigger Gains

Some analysts are even more bullish on Litecoin. Crypto expert “Twoface” suggests LTC could rally by 8,000%, citing its performance in previous bull runs.

Litecoin (LTC) has seen a surge in on-chain activity, hitting a yearly high with 512.8 million LTC moved in the past week, totaling $36.6 billion. Despite this, its price has struggled after reaching $76, now down to $68.81.

On-Chain Activity Boost
Litecoin’s recent spike in activity signals growing interest from traders and investors. However, the coin has faced resistance at $76, dropping 3.01% in the last 24 hours.

Positive Market Indicators
Technical indicators show a potential for recovery, with the Directional Movement Index and Chaikin Money Flow pointing to bullish momentum. Additionally, reduced exchange flows suggest investors are holding their LTC, expecting a price rise.

Will LTC Break $76?
If bullish momentum picks up, LTC could reclaim the $76 resistance level. If not, support is expected at $63.4. Keep an eye on these key levels for future movement.

Litecoin (LTC) has been gaining momentum, climbing above the $70 mark against the US Dollar. With resistance looming at $72.80, a breakout could lead to further gains.

Litecoin Price Gains Strength Above $70

After establishing support above $65, Litecoin started to rise. It successfully broke past resistance levels at $68 and $70, moving into positive territory. This price action mirrors the recent gains seen in Bitcoin and Ethereum.

LTC has gained over 10%, briefly surpassing $72, with a high of $72.74. As of now, the price is consolidating its gains and holding steady above the 23.6% Fibonacci retracement level from the $65.29 low to the $72.74 high.

Litecoin remains above $70 and the 100 simple moving average (SMA) on the 4-hour chart. There is also a key bullish trend line forming, with support around $68.00. This trend line is close to the 61.8% Fibonacci retracement level of the recent upward move.

Resistance Levels to Watch

Immediate resistance is near the $72.00 mark, with a more significant hurdle at $72.80. If LTC breaks through this level, it could trigger another strong rally. In this scenario, Litecoin could target the $75.50 and $78.00 levels. Further gains might push LTC toward the $80.00 resistance zone.

Will Litecoin Hold Support on Dips?

If Litecoin fails to break through the $72 resistance, it may face a downside correction. Initial support lies near $71, followed by stronger support at $69.00. A break below $69 could send LTC down to $67.50. If losses continue, the price might even drop to $65.

Technical Indicators

• Hourly MACD: The MACD is gaining momentum in the bullish zone.
• Hourly RSI: The RSI for LTC/USD is above 60, indicating bullish strength.
• Major Support Levels: $71.00, $69.00, and $67.50.
• Major Resistance Levels: $72.80, $75.50, and $80.00.

Litecoin (LTC), the world’s 19th largest cryptocurrency, is seeing renewed interest despite its age. According to a recent analysis by Santiment, whale activity surrounding LTC has surged compared to late August. This rise in large transactions signals growing attention from big investors, often a key indicator of potential market movement.

Growing Social Media Mentions for Litecoin

While many traders view Litecoin as old-fashioned, it’s making waves again on social media platforms. Mentions of LTC have skyrocketed recently, showing that this altcoin hasn’t been forgotten. Despite losing 4.48% in value over the past week, Litecoin is actually outperforming Bitcoin in terms of price stability, proving that it still has relevance in today’s market.

A Long History in the Crypto World

Launched in 2011, Litecoin holds the title of the world’s oldest altcoin. At its inception, it aimed to offer an alternative to Bitcoin by adopting a more CPU-friendly mining approach. While Bitcoin was reliant on GPU-based mining, Litecoin introduced a fresh method to the cryptocurrency world, quickly gaining popularity.