Litecoin $131.59 Despite the general market correction, the price increased by 7 %and approached $ 130. It is observed that the daily transaction volume is more than $ 2.06 billion. Despite the decrease in the market, investors’ expectations of ETF approval give positive signals.
LTC Price Movement
Other popular crypto assets experienced 25-35 %correction, while Litecoin increased by 14 %in the last month. This confirms that Litecoin is resistant to the general negative tendency in the market and may experience further increase.
Experienced investor Peter Brandt said he found a remarkable model in Litecoin graphics. The model contains signals that Altcoin can rise and exhibit larger gain movements.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
In addition, in the LTC/BTC processing pair, a sharp rise after a long horizontal course is pointed out that Litecoin gained strength compared to its competitors.
2025 expectations
Spot Litecoin ETF approval continues to attract the attention of investors. According to Bloomberg analysts, the probability of approval of ETF for Litecoin is 90 %. This ratio receives higher value in comparisons made with some other crypto assets.
Within the scope of the developments in the Litecoin ecosystem, the official domain extension called .LTC was launched in collaboration with Litecoin Foundation and Unstoppable Domins. This innovation aims to increase internal interactions by facilitating users processing processes.
Market data show that the increase in Litecoin is supported by both transaction volume and rise in open positions. This development reveals that those interested in the market should closely follow the issue. Graphical developments and increasing trading volumes suggest that investors’ expectations for the future are positive.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
