News View Non-AMP

Litecoin (LTC) Defies Crypto Downtrend, Price Poised for 30% Rally

Published by
Chandan Gupta

LTC, the native token of Litecoin, is making waves and garnering significant attention from crypto enthusiasts. On February 19, 2025, while the overall cryptocurrency market sentiment remains bearish and top assets like Bitcoin (BTC), Ethereum (ETH), and XRP struggle to gain momentum, LTC has outperformed the market with a 4.5% gain.

Litecoin (LTC) Price Momentum

With this gain, LTC has defied the overall bearish trend and is currently trading above $128.20. This notable increase has not only outperformed major cryptocurrencies but also flipped Avalanche (AVAX) and Sui (SUI). Due to its bullish momentum, LTC has attracted significant interest from investors and traders, leading to a 27% jump in trading volume.

However, this interest from long-term holders differs and opposes the bullish sentiment, as reported by the on-chain analytics firm Coinglass. Data from spot inflow/outflow reveals that exchanges have witnessed an inflow of over $2.3 million worth of LTC tokens, suggesting a potential sell-off by long-term holders.

In the current market sentiment, it seems like investors are capitalizing on the recent price surge for profit booking, which could create selling pressure and lead to a further price drop.

LTC Technical Analysis and Upcoming Level

This notable upside momentum appears to be shifting the ongoing consolidation into a bullish price action. According to expert technical analysis, with the recent price surge, LTC has approached its crucial resistance level of $140, which has a history of price reversals and selling pressure.

Since December 2025, the asset has reached this crucial level more than four times, and each time, it has experienced a notable price drop.

However, given LTC’s recent performance, there is a strong possibility that it could soon breach this resistance level and close a daily candle above $141. If this happens, LTC could soar by 30% to reach $182.50 in the coming days. Otherwise, the price may fall back to the $100 level in the future.

Chandan Gupta

Chandan Gupta is a crypto analyst and news writer at CoinPedia. He specializes in market analysis using on-chain metrics and industry insights to forecast market trends. With over four years of trading experience, Chandan simplifies complex concepts in technical and on-chain analysis, making them easy to understand. At CoinPedia, he leverages his expertise to identify and present emerging opportunities in the cryptocurrency space

Recent Posts

Sam Bankman-Fried Moved to Oklahoma: What’s Behind the Sudden Transfer?

Sam Bankman-Fried, the former FTX CEO convicted of orchestrating an $8 billion fraud scheme, has…

March 29, 2025

Bitcoin Price Crash: Will BTC Plummet to $10K If Gold Surpasses $5K?

Bitcoin appears bearish right now. Since the start of 2025, Bitcoin’s price has declined by…

March 29, 2025

Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000?

Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…

March 29, 2025

Bitcoin Dominance Hits 58.8%: Is Altcoin Season Still Out of Reach?

Bitcoin's dominance is on the rise, now at 58.8%, up from 51% in December marking…

March 29, 2025

Pi Network News: Can Pi Recover from Its 61% Crash or Will Investors Flee?

Pi Network has been struggling, and nothing seems to be working in its favor. From…

March 29, 2025

Will Brazil Be the Next Country to Embrace Bitcoin Reserves?

Brazil’s government has declared that a Bitcoin reserve is essential for the country’s economic prosperity.…

March 29, 2025