Key Takeaways
- LTC spot ETF approval could see a price rally to $1,000 before the end of 2025 as the price remains bullish.
- LTC price attempts a breakout above the key resistance of $140 to $148 with a possible next target around $220.
- Crypto experts share a bullish LTC price chart as they expect the price to attempt a rally toward its all-time high of $400.
Litecoin (LTC) is on the verge of a major price breakout despite market uncertainties continuing to persist. The price of LTC has demonstrated a strong uptrend, trading above a key area of interest for bulls, as the price could look to maintain its upward move.
The price of Bitcoin (BTC) retraced to a low of $93,500, with altcoins suffering some price decline in the last few hours; the price of LTC has remained strong as the price has done over 70% price gain in February 2025, considering the current market action for many altcoins.
LTC’s price action has sparked much speculation by crypto analysts of a possible price rally to a high of $500 or more, with some suggesting LTC could initiate altcoin season following its strength to hold off selloff.
Market Sentiment – LTC Defies Market Dump
While the crypto market suffered a market crash, with SOL, XRP, DOGE, and other crypto altcoins all affected, the price of LTC has remained bullish. Bulls dominate its price towards its key resistance of $140 to $145. A break above this region could see LTC rally to a higher yearly high since gaining such hype last LTC halving as price failed to meet many expectations.
Top crypto analyst Beason on X speculated that LTC’s breaking out from its horizontal channel could allow it to rally to a high of $400 around its previous all-time high of the 2021 bull market. LTC’s price action is currently mirroring other top crypto analysts’ dropping similar charts with short-term price targets.
LTC Price Prediction – Will LTC Price Go To $1,000?
Source – 1D LTC Price Chart From TradingView
Despite its strong bullish price action, the price of LTC currently faces key resistance around $140 to $148. The price is expected to break this region to continue its trend to the upside. If the price of LTC trades is around $150, there is a high chance of trading at $220 or more.
If the price of LTC fails to break this resistance, we could see it retrace toward its key price zone of $100, where bulls could look to build more bullish momentum. LTC trading above its 50-day and 200-day EMA is a good sign for the price as bulls continue to dominate it.
A key reason for the LTC price rally is rumors of a possible LTC spot ETF approval, which could act as a price catalyst to the upside in the coming months as LTC would gain more exposure with rising institutional interest.
