Price Analysis
  • Steve Muchoki
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    Litecoin Price Analysis and Short-Term Prediction

    • The Litecoin network has attracted significant attention from institutional investors globally in the recent past.
    • LTC price has approached the final major resistance in its journey towards retesting the all-time high.

    Litecoin (LTC) price opened the third week of May 2025 in a bullish outlook, after rallying more than 23 percent last week. The veteran altcoin, with a fully diluted valuation of about $7.77 billion, gained around 2.4 percent in the last 24 hours to trade about $102 on Monday, 2025 during the late North American trading session.

    Amid the heightened crypto volatility, which led to over $709 in net liquidations today, nearly $2 million involved LTC leveraged trades. Furthermore, Litecoinโ€™s futures open interest surged over 9 percent in the last 24 hours to hover about $691 million at the time of this writing.

    Litecoin Records Robust Fundamentals 

    As one of the top-tier altcoin that is secured through the proof-of-work (PoW) consensus mechanism, the Litecoin network has attracted significant attention from both retail and institutional investors. According to on-chain data analysis, the Litecoin network continued to process over 1 million transactions per week, thus having processed over 25 million transactions year-to-date.

    Meanwhile, institutional investors, led by fund managers, continue to press to offer regulated Litecoinโ€™s investment products such as ETFs and ETPs. Last week, Valor Inc., a digital asset management wing firm for DeFi Technologies, unveiled LTCโ€™s ETP on Swedenโ€™s Spotlight Stock Market. 

    In the United States, several fund managers, led by Canary Capital, continue to pressure the U.S. SEC to approve Litecoin ETFs soon.

    LTC Price Eyes ATH

    Following a successful rebound from a multi-year rising logarithmic trend in the past few weeks, LTC price has approached a crucial liquidity zone of around $107. Since the Litecoin network undertook its third halving on August 2, 2023, LTC price has mostly consolidated below $107 to date.

    However, LTCโ€™s macro-bullish momentum has gained significant traction in the recent past. In the weekly timeframe, LTCโ€™s MACD line is almost crossing the Signal line amid growing bullish histograms.

    A consistent close above $107 will propel LTC price toward its all-time high in the subsequent weeks. However, a possible rejection at about $107 will lead to another correction towards the support level of about $81.

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