
Jakarta, Pintu News – Litecoin is currently at a tipping point. After several months of declining value, the decade-old cryptocurrency is struggling to maintain its position above $80.
Although it appears stable, the situation behind the scenes suggests that Litecoin is on the verge of an important decision that will determine its future direction.
Check out the full analysis here!
Litecoin is now trading at $80.82, with insignificant changes in the last 24 hours. However, don’t be fooled by this calmness. The $80 price is not just a technical support, but also a psychological anchor for investors.

If this level can be maintained, it is possible that Litecoin will try to break the $100 to $110 price range, which was previously resistance. Beyond that, Litecoin could return to the $120 or even $140 level.
However, if prices below $80 don’t hold, Litecoin may see a sharp decline towards $60 or even lower. A drop to $40 would be brutal, but not impossible if the market experiences a broader correction.
Also read: Bitcoin Surges Back Above $100,000 Amid Middle East Tensions!
There are increasing rumors of Litecoin being the next candidate for an ETF product, following in the footsteps of Ripple . With over a decade of history, a steady supply, and a lack of regulatory drama, Litecoin is considered a safer option for institutions looking to diversify their portfolios beyond Bitcoin and Ethereum .
If the ETF is approved, it could be the much-needed catalyst to push Litecoin’s price to greater heights. Analysts are divided in their views.
Some see the recent price drawdown as the usual Litecoin cycle, while others argue that without clear momentum, any potential price spike will need a real push, be it ETF news or a change in macro sentiment.
Also read: Geopolitical Tensions Crumble Crypto Markets, But Some Altcoins Manage to Rise!
The Relative Strength Index (RSI) indicator is currently above 40, indicating an oversold condition. However, the momentum indicator is still showing negative signs. There are indications of a double bottom forming near $60, but it is too early to confirm.
Price projections vary; conservative estimates place Litecoin in the range of $130 to $200 by the end of the year without an ETF. However, if the ETF is approved, the price target could reach up to $700.
While Litecoin is not as popular as some other coins in terms of DeFi applications or metaverse ambitions, its reliability and long history still make it an attractive candidate in the eyes of investors. With the potential for an ETF narrative gaining ground, this quiet period might just be the prelude before Litecoin makes its next big move.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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