{"id":13876,"date":"2025-08-05T08:42:02","date_gmt":"2025-08-05T07:42:02","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13876"},"modified":"2025-08-05T08:42:04","modified_gmt":"2025-08-05T07:42:04","slug":"why-litecoins-price-is-poised-to-skyrocket","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/why-litecoins-price-is-poised-to-skyrocket\/","title":{"rendered":"Why Litecoin&#8217;s Price is Poised to Skyrocket"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"litecoin-on-the-verge-of-breaking-its-3-year-consolidation\">Litecoin on the Verge of Breaking Its 3-Year Consolidation<\/h2>\n\n\n\n<p><strong><a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/litecoin-ltc\/\">Litecoin<\/a> (LTC)<\/strong> surged over 7% on Monday, reaching its highest level since March at <strong>$120<\/strong>. This rally comes as investors remain optimistic about the SEC&#8217;s imminent approval of Litecoin exchange-traded funds.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"ltc-etf-approval-chances-exceed-80\">LTC ETF Approval Chances Exceed 80%<\/h3>\n\n\n\n<p>Data from <strong>Polymarket<\/strong> shows that the odds of the agency approving these funds have risen to <strong>80%<\/strong>. The SEC has set deadlines for October 2nd for Canary&#8217;s ETF application, and <strong>October 10th and 23rd<\/strong> for <strong>Grayscale and CoinShares<\/strong> funds, respectively.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">INSIGHT: <a href=\"https:\/\/twitter.com\/litecoin?ref_src=twsrc%5Etfw\">@Litecoin<\/a> ETF odds jump to 80% \ud83d\udcc8<a href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LTC<\/a> spiked to $120 today \u2014 its highest since March \u2014 as <a href=\"https:\/\/twitter.com\/Polymarket?ref_src=twsrc%5Etfw\">@Polymarket<\/a> traders bet big on ETF approvals coming in October.<br><br>\u2139\ufe0fGrayscale, CoinShares and Canary all have filings in<br><br>Is Litecoin next in line after <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>? <a href=\"https:\/\/t.co\/EBbPbCVaeJ\">pic.twitter.com\/EBbPbCVaeJ<\/a><\/p>&mdash; crypto.news (@cryptodotnews) <a href=\"https:\/\/twitter.com\/cryptodotnews\/status\/1952434369143943262?ref_src=twsrc%5Etfw\">August 4, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This outlook mirrors the recent approval of the first Bitcoin spot ETFs, which have attracted over <strong>$55 billion<\/strong> in capital. Like Bitcoin, Litecoin is a decentralized and liquid <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrency<\/a> with a supply cap of <strong>84 million tokens<\/strong>.<\/p>\n\n\n\n<p>Institutional investors also appear drawn to existing LTC products, such as the Grayscale Litecoin Trust, which already manages more than <strong>$246 million in assets<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"technical-analysis-additional-gains-on-the-horizon\">Technical Analysis : Additional Gains on the Horizon<\/h2>\n\n\n\n<p>From a technical perspective, LTC&#8217;s price chart shows that the token has remained in a three-year consolidation phase, trapped between <strong>$140 and $41<\/strong> since June 2022. This pattern resembles that of <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/ripple\/\">XRP<\/a>, which experienced a long stagnation period before its recent takeoff.<\/p>\n\n\n\n<p>Litecoin has now broken above its 50 and 100-week moving averages and is approaching the Fibonacci retracement level of 23.6% at <strong>$130<\/strong>. Its relative strength index (RSI) has also surpassed the neutral threshold of <strong>50<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"698\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/08\/image-18.jpeg\" alt=\"LTC Litecoin price chart 4H timeframe\" class=\"wp-image-13877\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-18.jpeg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-18-300x204.jpeg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-18-768x524.jpeg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Most significantly, LTC has broken through its resistance at <strong>$122<\/strong>, suggesting the token should return to its resistance zone around <strong>$136<\/strong> in the coming days. This represents a potential increase of <strong>10%<\/strong>.<\/p>\n\n\n\n<p>However, caution is warranted in this resistance zone, with careful attention to Bitcoin&#8217;s movements. If Bitcoin fails to exceed <strong>$133,000<\/strong>, a retracement to <strong>$110,000<\/strong> in September remains possible. In this scenario, LTC could plunge back to <strong>$104<\/strong> before seeking higher levels by year-end.<\/p>\n\n\n\n<p>Technical signals suggest further gains in the short term. A breakout above the resistance at <strong>$140<\/strong> would open the path to a potential 92% advance up to <strong>$227.80<\/strong>. Conversely, a drop below <strong>$93<\/strong> would invalidate the bullish scenario.<\/p>\n\n\n\n<p>After a lengthy consolidation phase, Litecoin finally appears <strong>poised to resume its upward trajectory<\/strong>. The imminent SEC approval of <strong>LTC ETFs<\/strong>, combined with encouraging technical indicators, offers solid price prospects for this cryptocurrency.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"how-to-buy-litecoin-ltc-on-bitget\">How to Buy Litecoin (LTC) on Bitget ?<\/h3>\n\n\n\n<p>Litecoin is still in an <strong>accumulation phase<\/strong> before targeting <strong>$220<\/strong>. The arrival of an LTC ETF could <strong>boost LTC&#8217;s price<\/strong> in the coming months. Here&#8217;s a guide to obtaining the token on <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/exchange\/bitget\/\">Bitget<\/a> :<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Sign up on Bitget<\/strong> : Create an account <a href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">on Bitget.com<\/a> or via the app using an email address or phone number. Complete KYC verification to activate all features.<\/li>\n\n\n\n<li><strong>Deposit funds<\/strong> : Transfer USDT, BTC, or another cryptocurrency from an external wallet to your Bitget account.<\/li>\n\n\n\n<li><strong>Access the LTC trading pair<\/strong> : Search for LTC\/USDT in the &#8220;Spot&#8221; section. Check the current price (approximately $120).<\/li>\n\n\n\n<li><strong>Place an order :<\/strong> Opt for a market order for instant purchase or a limit order for a target price. Confirm the transaction.<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy Litecoin on Bitget and earn $10 !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/discover-why-dogwifhat-wif-could-skyrocket-in-the-next-few-days\/\">Here&#8217;s why Dogwifhat (WIF) could explode in the coming days<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/zebec-network-will-it-reach-its-all-time-high-in-august\/\">Zebec Network : Will it Reach its All-Time High in August ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/memecoins-top-3-set-to-explode-in-the-coming-days\/\">Top 3 Memecoins Set to Explode in the Coming Days<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>After a prolonged consolidation period, Litecoin (LTC) appears poised to soar again, driven by the imminent approval of dedicated ETFs. Analysis of factors set to propel the cryptocurrency&#8217;s price.<\/p>\n","protected":false},"author":32,"featured_media":13875,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Litecoin","_yoast_wpseo_title":"Why Litecoin Price is Poised to Skyrocket","_yoast_wpseo_metadesc":"Discover why Litecoin (LTC) price is soaring with positive news on upcoming LTC ETF approval. Gain insights into the outlook now !","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-13876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Litecoin Price is Poised to Skyrocket<\/title>\n<meta name=\"description\" content=\"Discover why Litecoin (LTC) price is soaring with positive news on upcoming LTC ETF approval. 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