Litecoin might double in price soon if it holds an important support level. Market watchers see signs that big investors are buying more LTC before prices climb higher.
AMCryptoAlex thinks LTC could drop to $70-$72 in the coming weeks. “The structure is not ideally bullish, and the overall market sentiment is bearish. With ETF reviews ongoing, LTC could definitely see a rally after retesting,” Alex says.
Based on the chart they posted, LTC price has been moving in an upward channel for a while now. This means that even though the price goes up and down, it’s generally been trending higher over time.
Right now, LTC price has been dropping from the top of this channel. This lines up with Alex’s prediction that it could drop to around $70-$72, which is near the bottom of the channel.
The exciting part for LTC coin holders is what could happen next. If Litecoin bounces back from that $70-$72 level, it could climb all the way back to the top of the channel. This would mean nearly doubling in price, potentially reaching $140-$170.
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ETF News Could Push Prices Higher
Another big reason Litecoin might rally soon is the ongoing review of cryptocurrency ETFs. These investment products could bring a lot more money into crypto markets.
When there’s positive news about crypto regulations, prices often rise. If these ETF reviews go well, more people might want to buy Litecoin, especially after any price dip.
The timing is perfect—just as LTC might be hitting an important support level, we could get news that pushes prices higher.
Big Investors Are Loading Up on Litecoin
The most convincing sign for Litecoin’s future comes from what wealthy investors (often called “whales”) are doing. According to Lord.ltc, these big players are buying lots of Litecoin.
“Two more major buys happened TODAY. Some dude with diamond balls just bought $10 milly worth of Litecoin. And another guy bought $5 milly,” Lord.ltc recently shared. That’s $15 million of Litecoin purchased in just one day.
🚨 LITECOIN WHALE ALERT 🚨
— Lord.ltc (@lord_litecoin) April 3, 2025
Two more major buys happened TODAY.
Some dude with diamond balls just bought $10 milly worth of Litecoin
And another guy bought $5 milly
You don’t make plays like that unless conviction is strong $LTC good times are near pic.twitter.com/I7fDr1jiZG
People with this much money don’t make such big bets unless they’re pretty confident. As Lord.ltc puts it, “You don’t make plays like that unless conviction is strong. LTC good times are near.”
This whale activity is especially important when combined with AMCryptoAlex’s technical analysis. When wealthy investors are buying while technical indicators suggest a potential upswing after a support test, it often points to a good opportunity.
Read Also: We Asked AI to Predict Litecoin (LTC) Price in Q2 2025 Following Fidelity’s Crypto IRA News
The combination of strong chart patterns, possible ETF approvals, and major investors buying in suggests good things ahead for Litecoin. While the LTC price might dip to test that $70-$72 support first, all signs point to a strong rally afterward if that support holds.
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