Litecoin Value Prediction for As we speak, February 19 – InsideBitcoins

The Litecoin value prediction escalates, however a break above $140 is anticipated to push the coin towards the higher boundary of the channel.

Litecoin Value Information:

• Litecoin value now – $132
• Litecoin market cap – $10.three billion
• Litecoin circulating provide – 75.54 million
• Litecoin whole provide – 84 million
• Litecoin Coinmarketcap rating – #12

Investing early in cryptocurrency tasks can yield important returns, as seen with Litecoin (LTC). Launched in 2011, Litecoin has grown substantially, reaching an all-time high of $412.98 in May 2021 and an all-time low of $1.11 in January 2015. As of February 19, 2025, LTC is buying and selling at $135.14, marking a formidable 12,197.65% improve from its lowest recorded value. This highlights the potential of early crypto investments, although market volatility and dangers ought to all the time be thought of earlier than investing.

LTC/USD Market

Key Ranges:

Resistance ranges: $160, $165, $170

Assist ranges: $105, $100, $095

LTC/USD is at the moment buying and selling at $132.52, displaying a +2.14% acquire on the day. The worth stays inside a well-defined ascending channel, indicating a continuation of the general bullish pattern. The 9-day MA (126.35) is above the 21-day MA (117.66), signaling short-term bullish momentum. So long as the value stays above the 21-day MA, the market stays in a powerful place to push increased. The subsequent speedy resistance degree is at $140, and a breakout above this might pave the best way for LTC to retest the important thing $150 resistance on the higher boundary of the channel. If shopping for stress will increase, merchants may see LTC making a decisive transfer towards the higher trendline.

Litecoin Value Prediction: Litecoin (LTC) Might Acquire Extra Upsides

The Litecoin value is at the moment holding the bottom above the 9-day and 21-day shifting averages after a serious restoration from the low of $129.76. This reveals that consumers could proceed to have the higher hand within the value motion and will simply push the coin towards the potential resistance ranges of $160, $165, and $170. In different phrases, if the shopping for motion fails to keep up the bullish motion above shifting averages, the coin may as a substitute accept consolidation.

On the draw back, help is established at $110, which nears the decrease boundary of the ascending channel. If Litecoin fails to interrupt above $140 and experiences a pullback, the 9-day MA at $126.35 may act as the primary line of protection. A break under this degree would possibly push the value towards the 21-day MA at $117.66, the place consumers may look to step in. Nevertheless, a bearish break under the $105 help may invalidate the bullish pattern and set off a deeper correction, doubtlessly sending LTC to $100 and $095 respectively.

LTC/BTC Faces the North

In opposition to Bitcoin, the LTC value is at the moment hovering at 1384 SAT, reflecting a +1.99% acquire on the day. The worth stays inside a well-established ascending channel, sustaining a bullish construction. Nevertheless, the 9-day MA (1309 SAT) is above the 21-day MA (1203 SAT), confirming short-term bullish momentum. The worth is approaching the important thing resistance at 1500 SAT, and a breakout above this degree may sign additional upside motion, doubtlessly focusing on new highs throughout the channel. The rising quantity additionally suggests rising shopping for stress, which may drive LTC towards the resistance degree of 1680 SAT and above.

On the draw back, help is seen at 1100 SAT, aligning with the decrease boundary of the ascending channel. If LTC faces rejection at 1384 SAT and fails to maintain momentum, it may pull again in direction of the 9-day MA (1309 SAT), which is able to act as the primary line of protection. A break under this degree would possibly push the value towards the 21-day MA (1203 SAT), and a bearish transfer under 1100 SAT may invalidate the bullish outlook, resulting in additional draw back stress. Nevertheless, so long as LTC maintains its place above the shifting averages and throughout the channel, the bullish pattern stays intact, with the potential to check 1680 SAT within the close to time period.

Nonetheless, crypto analyst Professor Moriarty introduced on X (previously Twitter) that Litecoin ($LTC) is primed for a serious breakout after forming a basic Bull Flag and breaking by means of a key resistance degree. If LTC efficiently retests and holds this degree as help, it may acquire robust momentum towards its subsequent targets. Merchants are suggested to maintain an in depth watch as a possible rally unfolds.

$LTC is able to go to the moon!

The #Litecoin chart fashioned a basic Bull Flag and simply broke by means of resistance degree, signaling a possible robust upside transfer.

If $LTC retests and holds that degree as help, we may see robust momentum towards Goal 1 and Goal 2.… pic.twitter.com/IWH6XuAr3R

— Professor Moriarty (@Moriarty_web3) February 19, 2025

Litecoin Alternate options

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