Technical Analysis: LTC is currently trading at $126.37, showing a bearish trend with -7.435% decline in today's regular market session. The RSI-14 at 57.79 indicates neutral momentum, while MACD (3.76) remains positive but with weakening momentum as shown by the declining histogram.
Key Technical Levels:
News Impact: Recent SEC acknowledgment of Litecoin ETF application has been a major catalyst. The SEC described Litecoin as "very similar" to Bitcoin, with an 85% probability of ETF approval in 2025 according to Polymarket. This regulatory development could provide significant upside potential.
Price Prediction for Next Week: Based on technical indicators and news sentiment:
Trading Recommendation: HOLD/ACCUMULATE on dips. The current price shows a healthy pullback from recent highs, providing a potential entry point. Set stop-loss at $120 (Fibonacci pivot level).
Target entry points:
Target exit: $135 (near R1 level)
The price of Litecoin is predicted to go up 30.58%, based on the high correlation periods with COTI. The similarity of these two price pattern on the periods is 86.06%.
LTC
COTI
Year
LTC Price Forecast($)
Potential Return(%)
2025
150.000
32.520
2026
350.000
181.460
2027
350.000
181.460
2028
700.000
462.930
2029
700.000
462.930
2030
350.000
181.460