{"id":33700,"date":"2025-02-07T10:58:18","date_gmt":"2025-02-07T13:58:18","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/02\/07\/litecoin-ltc-holds-key-support-as-etf-news-sparks-breakout-potential\/"},"modified":"2025-02-07T10:58:18","modified_gmt":"2025-02-07T13:58:18","slug":"litecoin-ltc-holds-key-support-as-etf-news-sparks-breakout-potential","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/02\/07\/litecoin-ltc-holds-key-support-as-etf-news-sparks-breakout-potential\/","title":{"rendered":"Litecoin (LTC) Holds Key Support as ETF News Sparks Breakout Potential"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div><figcaption id=\"caption-attachment-1496169\" class=\"wp-caption-text\">LTCUSD daily chart<\/figcaption><p><span>Additionally, a descending trendline has been capping price action, acting as dynamic resistance. A break above this trendline, currently near $128.30 (0.236 Fib), would confirm a shift from the correction into a new bullish phase. The daily Relative Strength Index (RSI) is gradually recovering from oversold conditions, indicating a potential rise in buying momentum. However, for sustained upside, LTC needs to reclaim $128, which would clear the way toward a retest of its prior highs.<\/span><\/p>\n<p><span>If bearish pressure persists and LTC fails to maintain above $96.81 (0.618 Fib), a further drop to retest $82.95 remains possible. That level would serve as the last stronghold for bulls before a deeper retracement occurs. The volume profile also suggests a lack of significant buying pressure yet, meaning a breakout would require an increase in volume to validate the move.<\/span><\/p>\n<h2 id=\"ltc-price-prediction\"><span>LTC Price Prediction<\/span><\/h2>\n<p><span>The 1-hour chart provides a more granular view of LTC\u2019s recent movements. A five-wave impulse structure appears to be forming after LTC found a local bottom near $82.95. Wave (i) completed at $109, and LTC is currently in wave (ii) consolidation, which is expected to provide the base for the next upward expansion.<\/span><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/litecoin-ltc-holds-key-support-as-etf-news-sparks-breakout-potential-1496168\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] LTCUSD daily chartAdditionally, a descending trendline has been capping price action, acting as dynamic resistance. A break above this trendline, currently near $128.30 (0.236 Fib), would confirm a shift from the correction into a new bullish phase. The daily Relative Strength Index (RSI) is gradually recovering from oversold conditions, indicating a potential rise in buying momentum. However, for sustained upside, LTC needs to reclaim $128, which would clear the way toward a retest of its prior highs. If bearish pressure persists and LTC fails to maintain above $96.81 (0.618 Fib), a further drop to retest $82.95 remains possible. That level would serve as the last stronghold for bulls before a deeper retracement occurs. The volume profile also suggests a lack of significant buying pressure yet, meaning a breakout would require an increase in volume to validate the move. LTC Price Prediction The 1-hour chart provides a more granular view of LTC\u2019s recent movements. A five-wave impulse structure appears to be forming after LTC found a local bottom near $82.95. Wave (i) completed at $109, and LTC is currently in wave (ii) consolidation, which is expected to provide the base for the next upward expansion. [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":33701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-33700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/33700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=33700"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/33700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/33701"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=33700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=33700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=33700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}