- Analysts predict LTC could surpass $200 by April, with some expecting a long-term rally toward $1,000.
- Speculation around a Litecoin ETF is growing, with experts giving it a 90% chance of SEC approval.
Litecoin (LTC) has been one of the few cryptocurrencies to hold ground in the latest market pullback. Like other digital assets, LTC faced pullbacks but has shown a strong recovery. The altcoin dropped to $106.04 but later surged by 5.26% in the last 24 hours to $125.81.
Market analysts believe that Litecoin will continue its rally and hit an average of $200 as of April. In the past few months, it has become one of the best-performing cryptocurrencies in the market in terms of stability.
Bitcoin had a rather volatile February 2025, with a relative decline of 17.3%. On the other hand, Litecoin was up by 1% during the month and also surged 25% against BTC. Santiment analytics have also shown this outperformance, which proves that it is suitable for trading during bearish conditions.
Santiment also noted an uptick in the active LTC address and bullish social sentiment about the coin. However, there are some concerns arising from excessive optimism, including the possibility of short-term minor price corrections.
Litecoin ETF Prospects Gain Momentum
The anticipation of the approval of an ETF on Litecoin has caused some activity on the network. Bloomberg analysts give a 90% chance of approval by the U.S Securities and Exchange Commission (SEC), a probability which is higher than for XRP or Solana ETFs.
The increase in crypto ETFs in 2024, spawned by the performance of Bitcoin and Ethereum ETFs, has paved the way for other investments in the crypto space. However, whereas Bitcoin and Ethereum may have more substantial market demand, moderate demand could create considerable interest in an LTC ETF.
Nate Gerarci, the president of ETF Store, recently pointed out that the SEC has acknowledged Litecoin ETF filings. The recognition by the authorities means that there are signs of improvement in the approval process. According to analysts, this may provide the much-needed push towards institutional adoption as investors can invest in Litecoin through ETFs that are legally approved by the government.
Analysts Predict Strong Upside for Litecoin
Peter Brandt, a veteran trader, has identified a short-term trading setup in Litecoin based on its price action. However, he states that Bitcoin will remain the leading cryptocurrency and that LTC has the potential to develop a promising pattern for traders.
Actually an interesting chart case can be made for a swing trade in $LTC. But long term there will only be one standing https://t.co/h0pX7bK1T5 pic.twitter.com/PI6QuHK7Hd
— Peter Brandt (@PeterLBrandt) February 26, 2025
Some of these analysts have optimistic projections in the market for Litecoin. Tyler, an anonymous crypto trader, stated that Litecoin has one of the best setups in the crypto space. Another analyst known as Poseidon noted that LTC could even hit a new high of $300.
Mihir, the technical analyst, further elaborated on this by providing historical trends on Litecoin. He pointed out that LTC reached $350 in 2017 and revisited the price level during the bull run this year but did not make another high. He stated that if Litecoin targets $250, it again has the potential to rocket to $1,000 in the current market cycle.
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Source: https://www.crypto-news-flash.com/litecoin-price-prediction-can-ltc-hit/?utm_source=rss&utm_medium=rss&utm_campaign=litecoin-price-prediction-can-ltc-hit