Litecoin (LTC) rose as much as 11% to $129-$131, outperforming Bitcoin and Ethereum during market declines as recent spot ETF offerings fueled momentum. Trading volume exploded 143% to $1.66 billion, while open futures interest increased 25% to $1.21 billion, signaling recent leverage and renewed confidence in direction.
The catalyst is tied to growing confidence that the U.S.-listed Litecoin spot ETF could be close to the finish line. Canary Capital’s updated S-1 now includes the LTCC ticker and a 0.95% fee, the type of last-mile filing details that ETF watchers say typically appear “before launch time.”
With Grayscale and CoinShares also in search, analysts say LTC’s commodity-like profile and long proof-of-work history make it one of the clearer alternative candidates for regulated access to funds once the SEC resumes normal operations.
Litecoin Technical Setup: $130 Recovery Tee, $135-$138 Up
On the charts, Litecoin broke the $127.45 high and reclaimed the cumulative moving averages (7- and 30-day SMAs), moving the multi-month range from an upper to a potential lower level. RSI (68) shows forceful momentum without a breakdown, and MACD remains strongly positive.
Immediate resistance is $130-$131; a daily close above opens the path to $134-$135, then $138 and $150. If FOMO follows the ETF headline, bulls point to a broader vacuum all the way to the $150-$160 zone, Litecoin’s highest region since early 2022.
On higher time frames, some technicians see a break of the yearly diagonal, which, if confirmed, will keep the target stretched towards $275 in the coming months; this scenario likely requires sustained ETF-driven inflows.
LTC's price trends to the upside on the daily chart. Source: LTCUSD on Tradingview
LTC levels that matter and what can invalidate
For momentum traders, the cutoff is $125: lose it decisively and quick profit-taking could bring LTC back to support at $122-125, with a deeper retest at $115-118.
Hold above $125 and regain $130 on volume and bulls will maintain control at $135-138. Macro remains a swing factor; the moment of suspension of government activitiesSEC bandwidth and broader cryptocurrency risk appetite may continue to cause volatility.
As long as $125 holds and $130 turns towards support, a break of $135-138 seems within reach and the green lightweight for LTCC could be the spark that extends the move towards $150-160. If you are looking for information on the price of Litecoin, pay attention to $130: this is the way to the next stage.
Cover photo from ChatGPT, LTCUSD chart from Tradingview