Litecoin (LTC) has defied the broader crypto market's bearish sentiment, surging 24% in just 24 hours. Despite global market uncertainties, strong institutional interest and whale activity have fueled its price rise, making it a standout performer in February 2025.
- 24% Price Surge: Litecoin's price rose from $106 to $132 in just two days, driven by ETF speculation and whale activity.
- Whale Movements: Whales moved 84.8 million LTC amid the market dip caused by President Trump's tariff announcement, showing strong buying interest.
- Institutional Demand: Growing institutional interest, especially ahead of a potential Litecoin ETF, has bolstered demand for LTC.
- Market Conditions: While major assets like BTC and ETH dropped, Litecoin's price surged, highlighting its unique position in the market.
- Support and Resistance Levels: Litecoin is currently trading above $120, with $139 as the next key resistance. A sustained hold above $120 could signal further price gains.
- Technical Indicators: Positive technical indicators like the Parabolic SAR and increased trading volume suggest further upside potential if momentum holds.
Litecoin's recent price surge demonstrates strong institutional interest and bullish momentum. If it maintains support above $120, LTC could continue its upward trajectory, with the $139 resistance level in sight. A promising outlook remains, despite broader market challenges.
https://coinpedia.org/price-prediction/ltc-litecoin-price-prediction/

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