Litecoin trade activity increases over the past month – the potential LTC ETF draws speculation

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Litecoin is on the verge of breaking long -term maxims at the level of 147 USD, opposing the general negative moods on the cryptographic market. Although the sale of pressure and uncertainty has slowed down the wider market, LTC has a mighty, just below key supply levels. This immunity fueled optimism among investors, and many expected a potential breakthrough in the coming days.

The key factor contributing to the Litecoin force are the growing speculation around ETF Litecoin. According to key data, the number of miniature -term LTC traders has increased by over 12% over the past month. Historically, rapid commercial activities were preceded by vast price movements, which indicates that investors position a potential rally.

Because ETF discussions are gaining momentum, traders carefully observe Litecoin’s price. If LTC successfully recovers $ 147, it can open the door to a significant breakthrough. However, the lack of pushing this resistance can lead to increased variability. When the cryptocurrency market moves in uncertainty, Litecoin remains one of the few assets that show relative strength, thanks to which investors hope for mighty traffic in the near future.

Litecoin maintains key levels as ETF speculation increases

Litecoin trades at a key level of liquidity after an unstable week, fighting to recover the momentum after Friday’s breakdown of the market caused by Hack Bybit, which caused $ 1.4 billion in ETH stolen from exchange. Like LTC, it was prepared to cross many years, negative moods hit the cryptographic space, which led to the wave of sales of pressure all over the board. Despite this, the analysts remain sanguine, calling for a huge growth in Litecoin when the wider market regains strength. Many believe that LTC is able to exceed other assets when the market enters the next stubborn phase.

Speculation surrounding ETF Litecoin added fuel to the growing interest of LTC. According to INTOTHEBLOCKThe number of miniature -term LTC traders increased by over 12% in the last month.

LTC addresses by time Source: INTOTHEBLOCK Na X

This boost in commercial activity suggests that traders carefully observe Litecoin, betting on the possibility of an ETF announcement that can boost prices. Historically, the main approval of ETF resulted in mighty rallies, and investors speculate that LTC can follow the same model.

For now, Litecoin remains in the consolidation phase, and traders are looking for confirmation of another essential movement. If LTC regains key levels of resistance and ETF speculation are constantly growing, the next break may be one of the most significant in recent years.

LTC testing key demand when the market is waiting for a breakthrough

Litecoin is currently at a price of USD 123 after experiencing a keen decline by 13% from local ups on Friday. The price campaign reflects broader market uncertainty, but LTC still shows strength, maintaining above key levels of support. Investors remain optimists, believing that Litecoin may be one of the highest assets when the market is trending again.

LTC testing short -term demand under many years Source: Ltcusdt Chart on TradingView
LTC testing miniature -term demand under many years Source: Ltcusdt chart on Tradingview

For now, LTC must maintain support above the critical level of 120 USD to maintain its stubborn structure. A successful recovery of USD 135 in the coming days would signal the renovated shoot, potentially establishing a scene for a breakthrough to higher price levels. Analysts believe that if Litecoin manages to tidy this resistance zone, there may be a mighty movement towards long -term maximas.

However, if the pressure in sales increases and LTC loses support of 120 USD, there may be a deeper withdrawal at lower levels of demand. This scenario will probably expand the consolidation phase, delaying all potential rally. Traders carefully observe the Litecoin price campaign for signs of strength, because a stubborn explosion can lead to one of the most essential LTC movements in recent months.

Recommended photo from Dall-E, Tradingview chart

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