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Bitcoin

Is LTC preparing to take off? Cryptomode

Litecoin keeps a company less than $ 100, trading about $ 98 after a moderate decrease of 1.2 %. Despite the decrease, LTC still exceeds 31 % for this month and more than 21 % this year, indicating fixed flexibility in a volatile environment.

The distinctive symbol touched the highest local level of $ 101.72 this week before regaining slightly, as it was now merged higher than the main support in the 95-96 dollar range.

This last gathering raised the maximum Litecoin market to 7.49 billion dollars, with the daily trading volume hovering near $ 565 million-a strong signal from the continuous market interest with assets for 3.

Although momentum has been cooled from the highest level of the week, the broader setting still tends to climb if the total feelings carry and develop the organizational background winds.

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ETF HYPE keeps the institution’s eyes on Litecoin

Many of the narrative leadership interest in Litecoin stems from its advanced position in the Crypto ETF race. Bloomberg analysts continues to put LTC as one of the most swinging heroes to receive SEC’s approval on the immediate ETF in 2025. Polymarket data shows that the probability of approval has risen to about 80 % of competitors, which led to the superiority of XRP or Dogecoin.

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Unlike many other symbols, Litecoin has a relatively clear classification of the organizers – after they were identified as a commodity by CFTC – which gives it a unique feature as SEC evaluates multiccolo files.

The last introduction of NASDAC 19B-4, along with GrayScale’s proposal to convert its confidence into the traded investment funds, adds only to an increasing anticipation.

Technically, Litecoin shows signs of healthy unification after a strong leg of its lowest levels in April near 80 dollars. The last rejection may be just over 101 dollars if buyers defend the current range and restore momentum.

If the bulls maintain control, the next upward goal is about $ 105, with a possible re -test of last July summit near $ 110. On the contrary, if the support is about $ 96, you can follow a 200-day SMA slice near 85 dollars-a level that was previously working as a starting point for upward moves.

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