It rises by 14 % in the face of vast public market fluctuations, Litecoin (LTC) again displays its strength in the encryption scene. LTC briefly decreased to $ 102, then quickly recovered and today it is safely located over the support area of $ 120.
Since the positive momentum, experts wonder whether Litecoin could reach the following decisive level: $ 128. In that The current price From $ 127, it’s a matter of time (hours?) Before LTC easily reaches $ 128.
Strong recovery after the market decline
Merchants have been withdrawn to Litecoin recently, especially given that wonderful 25 % increase During the past thirty days. LTC maintained a fixed climbing while bitcoin and other large encoded currencies were shaken.
Litecoin decreased for a moment to $ 105 on February 10 and then quickly recovered, indicating the buyer’s request significantly at reduced levels. It is now a decisive support zone, and it will help the $ 120 brand in LTC for other leg men as long as they carry.
$ Ltc It comes out of this ascending triangle as expected! The goal is $ 128
commerce #Litecoin On bitunix – https://t.co/gzxaatj3ps And get $ 100 free after your first deposit! pic.twitter.com/ugd4Q1AA5
Carlooncarn February 10, 2025
Market Sentinel sees a move to $ 128 and above
With some experts who want to penetrate about $ 128 in the short term, market monitors are optimistic about the Litecoin path.
If positive feelings persist, the next main obstacle decreases between $ 128 and $ 130. A clean break over this area will allow the door to open to pay about $ 150 or perhaps $ 170 in the coming weeks.
The previous performance of Litecoin in pre -courses and after half is one of the elements that enhance this optimistic opinion. Some analysts claim that the current mutation of Litecoin is still part of its extended upward phase.
Litecoin Etf’s fuel speculation adds to fire
Speculation about possible Litecoin Trochred TORCHED (ETF) box Another main driver is behind the current Litecoin increase. Although Bitcoin’s investment funds are already causing a stir in the market, investors are also considering other assets that will benefit from the same regulatory approval.
Litecoin ETF approval by 90 %.
I am fine if people want to buy it. It is a free country
But why? It is an ancient ghost chain of time without a clear purpose. https://t.co/xnsnqxfdfp
Jeffjohnroberts February 11, 2025
You must LTC ETF Be Greenlit – which at the time of writing this report enjoys 90 % of approval, according to the X -user – it will give institutional investors a dominant approach to exposing themselves to encryption, and thus may generate significant flow of assets.
While no official confirmation was confirmed, the increasing speculation alone was sufficient to raise the increasing interest in LTC.
Litecoin: What next?
Litecoin barely one dollar away from its goal, and all eyes on whether it could exceed the level of the $ 128 barrier, according to Crypto Analyst. If the total market remains fixed and feelings remain favorable, the step that exceeds $ 130 may be in the foreground.
Distinctive image from Gemini Imagen, the tradingvief chart
