Litecoin Menguat di Tengah Lonjakan Pasar: Apakah Tembus $100 Mungkin?
Litecoin Strengthens Amid Market Pump: Is a $100 Breakout Possible? https://cryptonews.com/news/litecoin-strengthens-amid-market-pump-is-a-100-breakout-possible/

Litecoin Strengthens Amid Market Pump: Is a $100 Breakout Possible?

Litecoin (LTC) has surged 8% to an intraday high of $78.04 on Thursday, tracking broader market gains after U.S. President Donald Trump announced a 90-day pause on most newly imposed tariffs. The decision, part of a broader economic stance that kept a 10% baseline tariff but sharply raised duties on Chinese goods, boosted investor sentiment across both traditional and crypto markets. Litecoin responded with one of the strongest moves among major altcoins.

Resilience Amid the Noise: Litecoin's Enduring Legacy

A recent CoinShares report noted that Litecoin (LTC) remains one of the few cryptocurrencies still active after multiple market cycles. Out of over 24,000 tokens launched since 2014, LTC is among the longest-running. Litecoin is ranked behind Bitcoin as the only crypto with substantial valuation since 2011.

Good morning. Litecoin was number 1 for the 22nd straight month on @BitPay for total transactions in March. Just thought you'd like to know that. pic.twitter.com/lMuitTo3e7— Litecoin (@litecoin) April 9, 2025

In March, Fidelity added Litecoin to its no-fee crypto IRA offering. The addition allows users to include Litecoin in tax-advantaged retirement accounts.

Analysts See 90% Approval Odds for LTC ETF in 2025

In February, Litecoin was added to the Depository Trust and Clearing Corporation (DTCC) ETF eligibility list, a standard procedural step for assets considered for exchange-traded products. On March 18, asset manager Hashdex filed an amendment with the U.S. Securities and Exchange Commission (SEC) to include Litecoin in its Nasdaq Crypto Index US ETF.

Doesn't mean it's approved or ready to start trading, but it does show the issuer is making preparations for when it is. We still at 90% odds. $LTC https://t.co/ugQgsO9fIB— Eric Balchunas (@EricBalchunas) February 21, 2025

Bloomberg analysts James Seyffart and Eric Balchunas estimated a 90% probability of approval for a Litecoin ETF by the end of 2025, based on regulatory developments and similar filings.

Technical Outlook: LTC in Descending Channel with $100 Resistance in Sight

At the time of writing, LTC is trading at $73.70, reflecting a 4% intraday increase. Despite the short-term uptick, the broader trend remains downward, with a pattern of lower highs and lower lows since LTC peaked above $140 in late 2024.