Litecoin Price Eyes $150 as Whales Grab 250K LTC

With the crypto market expecting a Litecoin ETF, the LTC price crossed $118 for the first time in 2025. Will this rally continue to cross $150? 

Vishal Dixit By Vishal Dixit Julia Sakovich Edited by Julia Sakovich Updated 3 mins read
Litecoin Price Eyes $150 as Whales Grab 250K LTC
Photo: Depositphotos

Key Notes

  • The descending triangle breakout hints at price targets of $150 and $155.71, supported by Fibonacci levels.
  • Whale wallets have accumulated 250,000 LTC in 6 days, signaling strong bullish confidence.
  • Canary Capital has amended its S-1 filing for a Litecoin ETF but has yet to submit a 19B-4 filing.

As Bitcoin tiptoes around the $100,000 mark, Litecoin LTC $122.3 24h volatility: 0.3% Market cap: $9.30 B Vol. 24h: $1.05 B is presenting a breakout entry opportunity. Fueling the bullish momentum, the talks of Litecoin ETF approval are improving the broader market sentiments.

With a price surge of nearly 16% over the past 24 hours, Litecoin is nearing the $9 billion market cap. Will the LTC price trend continue as it ranks among the top performers in the last 24 hours?

Litecoin (LTC) Breaks Local Resistance, Jumps 16%

In the daily chart, the LTC price trend reveals three consecutive bullish candles. With a massive bullish engulfing candle of 14.23% last night, Litecoin overcomes the local resistance trend line.

Litecoin Price Eyes $150 as Whales Grab 250K LTC

Furthermore, it breaks past the 23.60% trend-based Fibonacci level at $114.38. Bouncing off from the $100 psychological mark, the recovery rally in the LTC price also marks a descending triangle breakout rally.

The consecutive bullish candle has surpassed the previous swing high and aims to reach the 38.20% Fibonacci level at $125. The improving conditions have boosted the daily RSI line of the Litecoin ETFs.

Furthermore, the uptick in the 20-EMA line hints at a positive crossover with the 50-EMA line. Hence, the technical indicators are giving a buy signal for LTC.

With the trend-based Fibonacci level, the bullish LTC price trend hints at the potential breakout of the $150 psychological mark. The 78.60% and 100% Fibonacci levels at $155.71 and $171 are the next potential price targets.

On the flip side, the possibility of a retest of the broken resistance trend line puts the Fibonacci level at $110.

Litecoin Attracts Whales & Sharks

As the LTC price action hints at a bullish continuation with a triangle breakout, the bulls are lining up to accumulate more Litecoins. Over the past 6 days, wallets with more than 10,000 LTC tokens have accumulated 250,000 LTC tokens.

Litecoin Price Eyes $150 as Whales Grab 250K LTC

This massive buying spree among the whales and shark wallets reflects the growing confidence with the talks of Litecoin ETF being approved.

Litecoin ETF: The Next Bullish Catalyst

The bullish sentiments around the Litecoin ETF approval Canary Capital amending the S-1 filing for Litecoin ETF. However, the investment firm has yet to file a 19B-4 filing.

In a recent X post, Bloomberg Senior ETF Analyst, Eric Belchunas, predicts the United States Securities and Exchange Commission (SEC) could approve Litecoin as the next crypto ETF. He highlighted:

“Litecoin is most likely to be the next coin approved”

However, the analyst shares a counterview by highlighting the upcoming shift in the US SEC Chairmanship. Either way, the possibility of Litecoin ETF approval has spiked the buying pressure.

Litecoin’s bullish momentum, supported by whale accumulation and ETF optimism, positions it for potential gains beyond $150. However, a retest of $110 remains a possibility before continuation. Traders should monitor key Fibonacci levels closely.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Vishal Dixit
Author Vishal Dixit

Vishal, a Bachelor of Science graduate, began his journey in the crypto space during the 2021 bull run and has since navigated the subsequent market winter. With a strong technical background, he is dedicated to delivering insightful articles rich in technical details, empowering readers to make well-informed decisions.

Vishal Dixit on X