MZH Zee
08/05 07:54

Litecoin (LTC) price is at a pivotal point, trading just above the crucial $120 support zone after a strong breakout in recent sessions. The price action reflects mounting bullish pressure, but the real test lies in whether this level can hold amid increasing resistance. A successful defense of $120 could act as a launchpad for a potential move toward the $135–$150 range in the days ahead. However, failure to maintain this support may trigger a short-term pullback.
As market sentiment intensifies, traders are watching closely—will Litecoin break through and continue its rally, or is a cooldown phase imminent?
Since the start of the year, attention has shifted back to Litecoin, which is confirmed by the fact that nearly 12% of all transactions since inception have occurred in 2025. After a prolonged consolidation, the LTC price cleared the threshold at $114 and surpassed $120 support. One of the main reasons could be SEC ETF approval odds for Litecoin jumped to 95%, which prompted the traders to position themselves early.
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