{"id":17316,"date":"2025-02-19T08:53:40","date_gmt":"2025-02-19T08:53:40","guid":{"rendered":"https:\/\/cryptd.in\/en\/litecoin-ltc-jumps-9-in-24-hours-how-high-can-it-go\/"},"modified":"2025-02-19T08:53:40","modified_gmt":"2025-02-19T08:53:40","slug":"litecoin-ltc-jumps-9-in-24-hours-how-high-can-it-go","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fi\/litecoin-ltc-jumps-9-in-24-hours-how-high-can-it-go\/","title":{"rendered":"Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go?"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"0\" data-end=\"163\">Litecoin\u2019s recent surge has analysts eyeing key resistance levels, with predictions that a breakout above $135 could spark a strong upward move.<\/li>\n<li data-start=\"164\" data-end=\"315\" data-is-last-node=\"\">Growing anticipation of a spot LTC ETF, with approval odds at over 80% by 2025, is adding to bullish sentiment and could be driving the increased interest in the asset.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/LTC_CB.jpg\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"alignnone size-full wp-image-383908\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/LTC_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" \/><\/a><\/span><\/h2>\n<h2>How High Can LTC Go?<\/h2>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency market has not been in its best shape lately, with many leading digital assets consolidating at their yesterday (February 18) levels or charting minor losses. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, Litecoin (LTC) is among the few experiencing an impressive spike. Its price has increased by 9% in the last 24 hours, <\/span><span data-preserver-spaces=\"true\">currently<\/span><span data-preserver-spaces=\"true\"> trading at almost $135 (per CoinGecko\u2019s data).<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-383906\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/LTC-Price-2.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-383906\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/LTC-Price-2.png\" alt=\"LTC Price\" width=\"574\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">LTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">According to numerous industry participants, the asset could soon <\/span><span data-preserver-spaces=\"true\">be headed<\/span><span data-preserver-spaces=\"true\"> for higher targets. The X user CRYPTOWZRD <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1892027380866130142\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">thinks<\/span><\/a><span data-preserver-spaces=\"true\"> a breakout above 0.00140 SAT on the LTC\/BTC trading pair might result in further upside pressure for Litecoin.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201c$140 is the next resistance target, and above that, we will see a rally towards the $170 resistance target area,\u201d they added.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The analyst using the moniker Dom also chipped in. They <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/traderview2\/status\/1892048944777072676\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">suggested<\/span><\/a><span data-preserver-spaces=\"true\"> that the real bull run could start once the price surpasses $135.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cWhile the rest of the market is in the abyss, it looks ready to break its 3-month range to the upside,\u201d the analyst opined.\u00a0<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">LTC ETF on the Horizon?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">One <\/span><span data-preserver-spaces=\"true\">factor<\/span><span data-preserver-spaces=\"true\"> potentially fueling the asset\u2019s solid recent performance is the increased chance of the launch of a spot Litecoin exchange-traded fund (ETF) in the US.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this year, the United States Securities and Exchange Commission (SEC) officially <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/litecoin-etf-one-step-closer-to-approval-will-the-sec-finally-say-yes\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">acknowledged<\/span><\/a><span data-preserver-spaces=\"true\"> Canary Capital\u2019s proposal to introduce such a product. If approved, it will allow investors to gain exposure to the token without the need to buy it from exchanges or worry about self-custody, for example.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Eric Balchunas<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">Senior ETF analyst at Bloomberg<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/EricBalchunas\/status\/1889038529034141997\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">estimated<\/span><\/a><span data-preserver-spaces=\"true\"> a 90% chance that the securities regulator will greenlight a spot LTC ETF before the end of 2025.<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/polymarket.com\/event\/litecoin-etf-approved-in-2025?tid=1739951938873\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">According<\/span><\/a><span data-preserver-spaces=\"true\"> to Polymarket, the odds for such a development to happen sometime this year are 84%.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is important to note that other well-known companies, such as Grayscale, 21Shares, and Bitwise, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-xrp-etf-edges-closer-to-reality-with-new-milestone\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">have displayed<\/span><\/a><span data-preserver-spaces=\"true\"> intentions to launch ETFs with cryptocurrencies like XRP, ADA, and DOGE as underlying assets. Their odds of approval range from 54% to 78%.\u00a0<\/span><\/p>\n<p>Virka <a href=\"https:\/\/cryptopotato.com\/litecoin-ltc-jumps-9-in-24-hours-how-high-can-it-go\/\" rel=\"nofollow\">Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go?<\/a> ilmestyi ensin osoitteessa <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Litecoin\u2019s recent surge has analysts eyeing key resistance levels, with predictions that a breakout above $135 could spark a strong upward move. Growing anticipation of a spot LTC ETF, with approval odds at over 80% by 2025, is adding to bullish sentiment and could be driving the increased interest in the asset. How High [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/fi\/litecoin-ltc-jumps-9-in-24-hours-how-high-can-it-go\/\" \/>\n<meta property=\"og:locale\" content=\"fi_FI\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"TL;DR Litecoin\u2019s recent surge has analysts eyeing key resistance levels, with predictions that a breakout above $135 could spark a strong upward move. Growing anticipation of a spot LTC ETF, with approval odds at over 80% by 2025, is adding to bullish sentiment and could be driving the increased interest in the asset. 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