- In the recent past worldwide, the Litecoin network has attracted considerable attention from institutional investors.
- LTC Price has approached the final major resistance in his journey to the re -testing of all time.
Litecoin (LTC) Prize opened the third week of May 2025 in a Bullish prospect, after gathering more than 23 percent last week. The veteran Altcoin, with a completely diluted appreciation of around $ 7.77 billion, achieved around 2.4 percent in the last 24 hours to trade around $ 102 on Monday 2025 during the Late North -American trade session.
In the midst of the increased crypto volatility, which today led to more than $ 709 in net liquidations, almost $ 2 million LTC leverage concerned. Moreover, Litecoin’s futures rose by more than 9 percent for the past 24 hours to float around $ 691 million at the time of this writing.
Litecoin records robust basic principles
As one of the best altcoin protected through the consensus mechanism of the proof-of-work (POW), the Litecoin network has attracted a lot of attention from both retail and institutional investors. According to on-chain facts Analysis continued to process the Litecoin network more than 1 million transactions per week, so that the year had processed more than 25 million transactions so far.
In the meantime, institutional investors, led by fund managers, are insisting on the investment products of regulated litecoin such as ETFs and ETPs. Last week Valor Inc., a digital assets management company for Defi Technologies, LTCs ETP revealed on the Spotlight -sharing market of Sweden.
In the United States, various fund managers, led by Canary Capital, continue to put pressure on the American SEC to properly approve Litecoin ETFs.
LTC Price Eyes Ath
After a successful rebound of a multi -year rising logarithmic trend in recent weeks, LTC Price has approached a crucial liquidity zone of around $ 107. Since the Litecoin network undertook his third halving on 2 August 2023, the LTC price has usually been consolidated below $ 107 so far.
However, the Macro-Bullish Momentum of LTC has received considerable traction in the recent past. In the weekly period of time, the MACD line from LTC almost exceeds the signal line in the midst of growing bullish histograms.
A consistent close to $ 107 will push the LTC price to its all-time high in the following weeks. However, a possible rejection of around $ 107 will lead to a different correction to the support level of around $ 81.
