BTCC / BTCC Square / LTC News /
LTC Price Prediction: Can Litecoin Overcome Technical Resistance to Reach $100?

LTC Price Prediction: Can Litecoin Overcome Technical Resistance to Reach $100?

Author:
LTC News
Published:
2025-10-23 09:18:27
4
1
[TRADE_PLUGIN]LTCUSDT,LTCUSDT[/TRADE_PLUGIN]

#LTC

  • LTC trades 8.5% below its 20-day moving average, indicating bearish short-term momentum
  • Institutional ETF interest provides fundamental support but faces competition from emerging projects
  • Breaking above $102 resistance is crucial for any sustained move toward $100

LTC Price Prediction

Technical Analysis: LTC Trading Below Key Moving Average

Litecoin is currently trading at $93.32, significantly below its 20-day moving average of $101.96, indicating short-term bearish momentum. The MACD reading of 6.28 shows positive momentum but remains relatively weak. According to BTCC financial analyst Michael, 'LTC needs to break above the $102 resistance level to regain bullish momentum. The Bollinger Bands positioning suggests the cryptocurrency is trading in the middle range, with potential support at $77.87 and resistance at $126.05.'

LTCUSDT

Mixed Sentiment as Institutional Interest Grows Amid Competition

T. Rowe Price's filing for an active crypto ETF including Litecoin signals growing institutional acceptance, which could provide fundamental support for LTC prices. However, emerging competitors like BlockDAG's $430 million presale present challenges to Litecoin's market position. BTCC financial analyst Michael notes, 'While the ETF news is positive for long-term adoption, the $10,000 price prediction appears overly optimistic given current technical levels and market competition.'

Factors Influencing LTC's Price

T. Rowe Price Files for Active Crypto ETF Including Litecoin

Investment heavyweight T. Rowe Price has submitted paperwork to the SEC for an actively managed cryptocurrency ETF. The proposed fund would include Litecoin among its holdings, recognizing LTC's commodity classification and CFTC-regulated futures market. This move signals growing institutional acceptance of digital assets and could expand crypto exposure for traditional investors.

Litecoin (LTC) Price Prediction: Surge Past ETH Resistance Reignites $10,000 Target Buzz

Litecoin's unexpected breakout against Ethereum has traders buzzing, with technical indicators and renewed institutional interest fueling speculation of a long-term rally toward $10,000. The LTC/ETH ratio chart shows a decisive reversal pattern, breaking multi-year resistance and retesting successfully—a classic bullish signal.

October's market turbulence saw Litecoin dip briefly before rebounding sharply, demonstrating underlying demand. Analysts highlight the $110 level as critical for sustaining momentum; a clean hold above it could pave the way for multi-year highs. On-chain activity and whispers of a potential ETF add fundamental weight to the technical narrative.

BlockDAG’s $430M Presale and User Growth Challenge Litecoin’s Legacy

BlockDAG (BDAG) is rapidly emerging as a formidable contender in the cryptocurrency market, with a $430 million presale and over 27 billion coins sold. Batch 31 is priced at $0.0015, signaling strong investor confidence. The project’s momentum raises questions about its potential to break into the Top 50 by 2026—and even surpass Litecoin (LTC), which has stagnated at #21–25.

Litecoin, once a pioneer in speed and simplicity, now relies on legacy rather than innovation. Its proof-of-work model remains functional, but the absence of major upgrades has dulled its competitive edge. Developers and new users are shifting focus to dynamic projects like BlockDAG, which combines advanced features with aggressive community growth.

Will LTC Price Hit 100?

Based on current technical indicators and market sentiment, LTC faces significant resistance around the $100 level. The cryptocurrency would need to overcome several key hurdles:

Current Price20-Day MARequired GainKey Resistance
$93.32$101.96+7.14%$102

BTCC financial analyst Michael suggests, 'While the ETF developments provide fundamental support, LTC needs to break above its 20-day moving average and sustain momentum to test the $100 level. The current technical setup suggests this could be challenging in the immediate term without significant positive catalysts.'

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.