Litecoin Price Prediction for Today, February 19 – InsideBitcoins

The Litecoin worth prediction escalates, however a break above $140 is anticipated to push the coin towards the higher boundary of the channel.

Litecoin Value Knowledge:

Litecoin worth now – $132
Litecoin market cap – $10.3 billion
Litecoin circulating provide – 75.54 million
Litecoin whole provide – 84 million
Litecoin Coinmarketcap rating – #12

Investing early in cryptocurrency initiatives can yield vital returns, as seen with Litecoin (LTC). Launched in 2011, Litecoin has grown considerably, reaching an all-time excessive of $412.98 in Might 2021 and an all-time low of $1.11 in January 2015. As of February 19, 2025, LTC is buying and selling at $135.14, marking a powerful 12,197.65% improve from its lowest recorded worth. This highlights the potential of early crypto investments, although market volatility and dangers ought to all the time be thought-about earlier than investing.

LTC/USD Market

Key Ranges:

Resistance ranges: $160, $165, $170

Assist ranges: $105, $100, $095

LTC/USD is at present buying and selling at $132.52, exhibiting a +2.14% acquire on the day. The worth stays inside a well-defined ascending channel, indicating a continuation of the general bullish development. The 9-day MA (126.35) is above the 21-day MA (117.66), signaling short-term bullish momentum. So long as the worth stays above the 21-day MA, the market stays in a robust place to push greater. The subsequent speedy resistance stage is at $140, and a breakout above this might pave the best way for LTC to retest the important thing $150 resistance on the higher boundary of the channel. If shopping for strain will increase, merchants may see LTC making a decisive transfer towards the higher trendline.

Litecoin Value Prediction: Litecoin (LTC) Might Acquire Extra Upsides

The Litecoin worth is at present holding the bottom above the 9-day and 21-day shifting averages after a significant restoration from the low of $129.76. This exhibits that consumers might proceed to have the higher hand within the worth motion and will simply push the coin towards the potential resistance ranges of $160, $165, and $170. In different phrases, if the shopping for motion fails to keep up the bullish motion above shifting averages, the coin may as a substitute accept consolidation.

On the draw back, assist is established at $110, which nears the decrease boundary of the ascending channel. If Litecoin fails to interrupt above $140 and experiences a pullback, the 9-day MA at $126.35 may act as the primary line of protection. A break beneath this stage would possibly push the worth towards the 21-day MA at $117.66, the place consumers may look to step in. Nevertheless, a bearish break beneath the $105 assist may invalidate the bullish development and set off a deeper correction, probably sending LTC to $100 and $095 respectively.

LTC/BTC Faces the North

Towards Bitcoin, the LTC worth is at present hovering at 1384 SAT, reflecting a +1.99% acquire on the day. The worth stays inside a well-established ascending channel, sustaining a bullish construction. Nevertheless, the 9-day MA (1309 SAT) is above the 21-day MA (1203 SAT), confirming short-term bullish momentum. The worth is approaching the important thing resistance at 1500 SAT, and a breakout above this stage may sign additional upside motion, probably concentrating on new highs throughout the channel. The rising quantity additionally suggests rising shopping for strain, which may drive LTC towards the resistance stage of 1680 SAT and above.

On the draw back, assist is seen at 1100 SAT, aligning with the decrease boundary of the ascending channel. If LTC faces rejection at 1384 SAT and fails to maintain momentum, it may pull again in direction of the 9-day MA (1309 SAT), which is able to act as the primary line of protection. A break beneath this stage would possibly push the worth towards the 21-day MA (1203 SAT), and a bearish transfer beneath 1100 SAT may invalidate the bullish outlook, resulting in additional draw back strain. Nevertheless, so long as LTC maintains its place above the shifting averages and throughout the channel, the bullish development stays intact, with the potential to check 1680 SAT within the close to time period.

However, crypto analyst Professor Moriarty introduced on X (previously Twitter) that Litecoin ($LTC) is primed for a significant breakout after forming a traditional Bull Flag and breaking by a key resistance stage. If LTC efficiently retests and holds this stage as assist, it may acquire sturdy momentum towards its subsequent targets. Merchants are suggested to maintain a detailed watch as a possible rally unfolds. 📈👀

$LTC is able to go to the moon! 📈

The #Litecoin chart fashioned a traditional Bull Flag and simply broke by resistance stage, signaling a possible sturdy upside transfer.

If $LTC retests and holds that stage as assist, we may see sturdy momentum towards Goal 1 and Goal 2.… pic.twitter.com/IWH6XuAr3R

— Professor Moriarty (@Moriarty_web3) February 19, 2025

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