Litecoin likely heading to $260.. Its one of the few cryptos with a monthly cross happening.. It is because this is one of the original 3 cryptos and it takes this long for some to have a monthly cross which is the most powerful cross possible next to a weekly or daily. So it should be extremely bullish if it breaks out.
Litecoin (Cryptocurrency)
Litecoin LTC Still Out Of Wedge Potential Drop Still In The CardAs you can see Litecoin is still out of the wedge. It looks like also on the BBWP a large move is coming. It doesn't tell us which way. You can see the two potential scenarios. The blue line shows that Litecoin could make a move back up to the trend line it may get rejected there but it also may break into the the wedge and then break down in a fake out. The other scenario would be it breaks into the wedge then breaks above that white trend line and stays above that, which would indicate to me that a downside break probably wouldn't happen. Just keep an on those levels. I would think this move happens tomorrow and Tuesday. I have buy orders down around 101-104. I also have a few down at 95-101 in case of a stray wick. In my opinion its a good opportunity to stack more. None of this is financial advice just my opinion.
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LTCUSD Resistance retest, The Week Ahead 24 Feb ‘25The LTCUSD price action sentiment appears neutral, supported by the longer-term sideways trading range.
The key trading level is at 1,209, 17th Feb swing low level. An overbought pullback from the current levels and a bearish rejection from the 1,209 level could target the downside support at 1,082 followed by the 1,000 level over the longer timeframe.
Alternatively, a confirmed breakout above 1,395 resistance and a daily close above that level would negate the bearish outlook, opening the way for further rallies higher and a retest of 1,523 resistance followed by 1,709 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Litecoin LTC Will Repeat The Same Pattern?Hello, Skyrexians!
Today it's time to update our BINANCE:LTCUSDT idea. It has formed the same pattern like we have seen before 2021 altseason. We know that patterns usually play out in the opposite direction than we saw in the past because of the trader's expectations, but this time we have some proofs that this pattern can play out the same.
Let's take a look at the weekly time frame. First of all we wanna you to notice the green dot on Bullish/Bearish Reversal Bar Indicator at the very bottom. This signal increases probability of a strong bull run until the red dot flashes. We also can count the Elliott waves. Wave 1 was in 2022-2023, and after that wave 2 was tricky flat correction and now price is in wave 3. Wave 3 has the target between 1.61 and 2.61 Fibonacci extension levels. The conservative target is $174, the optimistic is almost $250.
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Inverted Head and Shoulders?Possible inverted head and shoulders forming on the 4h for LTC/USDT. If it breaks up, target short term price is 157. Lots of resistance around 135. We need to see more buy volume to confirm break out. Could head back down to test level, confirm then head back up to target price over the weekend.
Litecoin ETF Approval Odds Soar to 85%—What’s Driving the Surge?The race for altcoin ETFs in the U.S. just took a significant leap forward. Litecoin ETF approval odds on Polymarket skyrocketed to 85%, following the listing of Canary Capital’s proposed Litecoin ETF on the Depository Trust and Clearing Corporation (DTCC) system.
This move mirrors the Ethereum ETF approval process, which saw its green light from the SEC in May 2024. While DTCC listing doesn’t guarantee SEC approval, it’s a crucial preparatory step that shows the application is progressing.
Why Does This Matter?
📌 Polymarket Odds Up 35% – Investor confidence in a Litecoin ETF is surging.
📌 DTCC Listing Signals Progress – Canary Capital’s application is moving through key procedural steps.
📌 Institutional Interest Growing – Asset managers like Grayscale and CoinShares are positioning Litecoin-based financial products.
The SEC’s Next Move
Canary Capital first filed for a spot Litecoin ETF in October 2024. While its status as a Bitcoin fork and commodity classification may work in its favor, the SEC’s cautious approach could still delay approval.
📌 Optimistic Case: SEC approval could boost institutional adoption and significantly impact LTC’s price.
📌 Bearish Case: If the SEC delays or denies the application, Polymarket odds could tumble, and LTC may stagnate.
Despite this news, Litecoin’s price reaction has been muted, up only 3.37% to $134.25 since Friday. The next major price move will likely depend on further SEC developments.
The question remains—will the SEC push Litecoin into the ETF era, or is this another case of premature optimism?
LTC has completed the accumulation phase! LTC completes its accumulation phase of more than 896 days and is preparing for a breakout! I would expect a hike to the 0.786 Fibonacci level, as this is a project with huge capitalization, but with poor usability. With spillovers from Bitcoin, Ethereum and Solana it could show huge growth!
Horban Brothers.
LTCUSD - First Target This first target has been the peak several times for bulls before during bull markets and I think price will hit some resistance here
If I am correct and the alt bullrun ensues then LTC will target this area first
Price is currently within a bullflag type structure, looking to breakout.
4Hr chart
LTCUSD sideways consolidationThe LTCUSD price action sentiment appears neutral, supported by the longer-term sideways trading range.
The key trading level is at 1,209, 17th Feb swing low level. An overbought pullback from the current levels and a bearish rejection from the 1,209 level could target the downside support at 1,082 followed by 1,000 level over the longer timeframe.
Alternatively, a confirmed breakout above 1,395 resistance and a daily close above that level would negate the bearish outlook, opening the way for further rallies higher and a retest of 1,523 resistance followed by 1,709 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
LITECOIN 4H (LTC)Litecoin is one of the best performing majors in recent weeks and finds itself around the mini range highs in an area of key resistance. The way I'm looking at this chart is in two separate sections of the same mini range, a lower range and upper range with an area of indecision between that separates the two.
Despite how choppy the market has been price can be clearly analyzed in this format:
Lower range - Clear level of support where buyers are stepping into the market aggressively to rebound any sell off and pushing price up further towards the 1D 200 EMA. There is one instance of price sweeping below range low and quickly reclaiming back above, that move has been a catalyst for bullish PA ever since with a strong bullish structure.
Upper range - The top of the upper range has yet to be retested as there is major resistance area position just before it, this bearish orderblock has rejected 4 times and is now being tested for a 5th at time of writing. It is important to note that the 1D 200 EMA is currently at its highest point during this rangebound environment, coupled with higher highs and higher lows on the low time frames, Litecoin is looking good currently.
However, bitcoin is still very much the dominant force in the market, and without bitcoin paving the way I can't see LTC making a breakout move just yet. In order for Litecoin to make a run for the highs I would like to see BTC @ $98,000 with a full reclaim of the weekly midpoint (See weekly outlook).
To conclude, Litcoin is in better shape than most other coins but this rangebound environment should be treated as such until proven otherwise, no action needs to be taken in the main bulk of either the upper or lower range, just the tops and bottoms are worth acting on IMO.
LONG(ER)TERM HOLD LITECOIN IDEALitecoin 2 week chart, so this will take time to play out--
Sitting nicely ontop of a 3 year base!
I've personally been holding LTC since $60 (Spot) Going to add to my spot bag here.
**Accumulate in this range ($135-$100) and SELL ($220 - $300 - $400^^^)
***Theoretically, cut the trade if price falls below 1week or 2week 100 MA
***Depending on your risk tolerance.
LITECOIN LTC USD Is About To Blow Your Mind PART 2!Hello again everyone, This is a continuation of my previous Litecoin analysis, the other one was getting really congested. If you want to see that one I will link it below as well.
Here is what I think, this correction is almost over. Unless something catastrophic happens like a black swan then this should be pretty close to done. I thought that MAYBE the Israel Iran crap was going to get way out of hand but it seems to have fizzled out. Litecoin may come down and touch the trend line one more time before the rocket ship, thats not out of the cards. So we could see $65-66 dollars again. RSI on the weekly is Still bullish. Litecoin is actually holding its gains better than A LOOOOT of the other alts in this correction. Many Alts went back to the same lows they were at when Bitcoin was at 30-40k and some even lower lows. It looks like we are right where I marked on the chart. Moving averages are in same positions RSI is in a similar but more bullish position than the previous time. MACD is in the same spot. We're about to go straight up, I keep saying that I know but I mean it, its happening. Timing is obviously hard to predict but its going to happen.
Also this is another theory of mine. Bitcoin has recently had a surge in people building BRC20 tokens, runes and ordinals are still going on its blockchain congesting the chain and raising fees real high. While at the same time the US government is going after Lighting networks and wallets. What happens when Bitcoin blockchain becomes so congested that getting a transaction through costs more than the transaction and it takes days to get there? A lot of Bitcoin maxis thought that Litecoin was junk because they had the hope that Lighting would be used on the Bitcoin blockchain. Well that looks like its probably not going to happen anymore. So what happens?
Here is what is going to happen. People are going to get sick of the fees and the time it takes to send on Bitcoin. Humans being humans we will look for an alternative. The only other crypto that has been deemed a commodity and not a security CLEARLY without a doubt is Litecoin. Period. Litecoin will come in and save the day and more and more people will see the value in it as is already happening. Three or four months ago you wouldnt see crap on youtube videos for litecoin now they are all over the place and many BIG youtubers are beginning to get into Litecoin and are talking about it again. Litecoin adoption will skyrocket when the Bitcoin chain becomes just too congested. There is no other really good viable option for big money. ETH is in a lawsuit, XRP is a risk as well cause the lawsuit isnt completely over and then theres BCH which was 51% attacked so its too risky, and DOGE which no big money will touch because its extremely inflationary with no cap on supply. Big money wants security and stability and it has to have the blessings of the USA govt. so Litecoin will be the pick.
The euphoric stage of the market hasn't even happened yet, just wait. My prediction for Litecoin hitting $10k-$15k is still on track. This next run I also predict that Litecoin miners will sell Doge and buy Litecoin similar to what they did before in the previous run selling Litecoin and buying DOGE. Im beginning to think that DOGE will not have much of a higher high this run, I think it may do something similar to what Litecoin did and have a slightly higher high this run while Litecoin blasts off and pulls a move similar to what DOGE did last run, which is coincidentally similar to what Litecoin did in 2017. All cycles my friends, they arent exactly the same but they are usually similar. I think in the future its going to be Bitcoin, Litecoin and everything else. Litecoin will be as popular as Bitcoin in the future mark my words people.
Good luck out there my friends, I will update this as frequently as I can. Once my move is complete and office setup I can get back to more consistent updates. If you like my content then please Like this idea and follow me and this idea for more updates.
NONE OF THIS IS FINANCIAL ADVICE THIS IS JUST MY OPINION.
LITECOIN LTC/USD Is About To Blow Your Mind!Litecoin is repeating a much larger version of the run back in its earlier days as I show in the charts. This next move up in Litecoin is going to shock the entire cryptosphere. This is just looking at the chart and if the move repeats on a larger scale then Litecoin will probably be in $10000 dollar range. This might sound absolutely insane I know, it sounds crazy to me to but thats what the chart is telling me. Im not going to get into the reasons why fundamentally this is likely, if you want to go back into my other LTC posts I get into detail.
Dont listen to the haters, they will be the ones to give us our blow off top while we dump on their chin.
Litecoin 3M Chart TriangleLitecoin on the 3M chart can be seen to have formed a large triangle that is priming itself to break out to the upside
If we compare the prior massive bull run of 10000% with another 10K % it puts Litecoin at like 5,000 which is crazy
The breakout is going to be great
This triangle is a symmetrical one or could be considered a bullflag
3M timeframe
LTC Litecoin 800$In a previous post, I outlined the coins with possible ETFs. Each has held its price level even after the recent drop.
Everyone knows Litecoin is just a fork of Bitcoin, and there's not much technology in it. However, a decentralization and adoption issue is occurring, making it a suitable candidate for a potential ETF.
For technical analysis, we have a standard triangle with horizontal resistance on top. Such resistances tend to break out strongly.
So, I wouldn't be surprised to see a price of around $800 at the end of the cycle.
If we talk about the LTCBTC pair, we can see that the fall has stopped, the bottom has been minimized, and I expect an upward jump.
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