Despite broader market uncertainty, Litecoin is holding its ground and pushing toward the key $140 mark.
LTC’s resilience stands out as it maintains its bullish pattern, with price action compressing near this critical threshold. Traders are watching as this narrowing range typically precedes a decisive move in either direction.
Market analysts point to ETF speculation as a key driver of recent momentum, though opinions vary on whether sustained inflows will follow once an ETF is approved.
Daan Crypto Trades noted that Litecoin has been one of the strongest performers in recent weeks, maintaining a solid high-timeframe structure. However, the $140 level remains a key barrier.
The coin has attempted multiple breakouts but has yet to sustain momentum beyond this point. Daan suggests that a clean breakout above $140, accompanied by strong volume, could trigger a move toward higher levels, potentially reaching $156-$160 soon. At press time, LTC trades at $129.81, up 1.92% for the day.
Crypto Jobs TA & FA highlighted that LTC’s price remains in a well-defined trading range. The resistance zone spans between $138 and $140, while support is established between $95 and $98.
#LTC – update:
— 🧙 Crypto_Jobs🧙♂️ TA & FA 🎯 (@CryptoJobs3) February 27, 2025
Nothing changed from my medium term view.
Prices will fly toward 200$ – 190$ in my opinion 📈
Prices remain stuck into this beautifull range box between the following levels:
Range high: 140 – 138$
Range low: 98-95$
Mid range: 110 – 115$
Congrats if… pic.twitter.com/Q9D5wjJxg1
A mid-range support exists at $110-$115. The analysis suggests that traders should wait for a daily breakout and retest of the $140 level before expecting a strong continuation toward the $190-$200 range.
Read also: Onyxcoin (XCN) Price Can Still Reach $1 This Bull Run—Here’s Why
Litecoin’s Support Levels and Bullish Indicators
Litecoin has maintained strong support around $104-$105, a level that previously acted as resistance in mid-2023. Price action has respected this zone, confirming it as a key demand area. According to Daan’s chart LTC remains above both the 50-day and 200-day exponential moving averages, with a golden cross formation reinforcing the long-term bullish trend.
A failure to break $140 could result in a short-term pullback toward $110-$105. However, market sentiment remains positive as long as LTC holds above its major support levels.
$LTC Has been one of the strongest coins the past couple of weeks.
— Daan Crypto Trades (@DaanCrypto) February 27, 2025
The high timeframe chart still looks solid.
It just has this massive $140 level which it has failed to break so far. But keep an eye out for when that happens as it could result in a big move upwards.
The… https://t.co/xgffMA5iMK pic.twitter.com/b4UceR2lP4
Daan Crypto Trades attributed Litecoin’s strength to recent ETF discussions, which have driven speculative buying. While he remains skeptical about significant inflows once an ETF launches, he acknowledged that the narrative is supporting current price action.
Litecoin continues to push higher, as it aims for the $140 barrier that has capped previous rallies. Traders are keeping an eye on this level – breaking through could trigger a more substantial upward move, while failure might mean more sideways action within recent price boundaries. The next few days should provide clarity on whether this strength has staying power or if we’re due for more range-bound trading.
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