According to a plethora of reports, the cryptocurrency Litecoin (LTC) is going through a peculiar phase. The LTC coin continues to fluctuate below the $100 mark, with predictions surfacing that if weak demand persists, a drop below $90 could occur. However, a forecast also emerged hinting a possible massive breakout setup, thanks to a multi-year accumulation. LTC reportedly tested the $95 resistance amidst this weak demand. On the other end, LIT Strategy reported the successful launch of a $100 million Litecoin Treasury Strategy emphasizing a shift in active capital market operations. This movement in operations elevated the working capital to $12.21 million with the firm holding 925,548 LTC tokens. Predictions for the coin's future vary, with some sources suggesting a surge past the Ethereum resistance, reigniting buzz around a $10,000 price prediction. Other analyses hint at price targets of anywhere between $700 and an ambitious $5,000. Despite these optimistic outlooks, potential risks include a possible price breakdown to a $70 plummet. Furthermore, a 23% crash mirrors the 2017 pattern yet predicts a possible parabolic rally. The coin's ETF buzz faded while technical breakout hints at a strong move to $130-$140. Predictions range from an ambitious $5,000 target to a moderate leap towards $119-$120. Overall, the future of Litecoin is filled with speculation, but a multi-year breakout might propel the bulls to target more than $500, thereby causing an upswing in this overlooked workhorse.
LTC Coin News Analytics from Fri, 18 Jul 2025 07:00:00 GMT to Wed, 19 Nov 2025 21:00:00 GMT -
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