{"id":385,"date":"2025-02-26T20:10:00","date_gmt":"2025-02-26T21:10:00","guid":{"rendered":"https:\/\/woodcounty200.org\/?p=385"},"modified":"2025-04-25T01:50:57","modified_gmt":"2025-04-25T01:50:57","slug":"litecoin-ltc-price-rallies-while-bitcoin-and-the-wider-crypto-market-crash","status":"publish","type":"post","link":"https:\/\/woodcounty200.org\/index.php\/2025\/02\/26\/litecoin-ltc-price-rallies-while-bitcoin-and-the-wider-crypto-market-crash\/","title":{"rendered":"Litecoin (LTC) price rallies while Bitcoin and the wider crypto market crash"},"content":{"rendered":"

<\/p>\n<\/p>\n

\"Litecoin<\/p>\n

Litecoin (LTC) <\/a>demonstrated a V-shaped recovery of 20% after dropping to $106 on Feb. 25. After a brief decline below the 50-day and 100-day exponential moving averages (EMAs), the altcoin has regained a bullish position and is currently outperforming a majority of assets within the crypto market.<\/p>\n

\"Litecoin
\n

Litecoin 1-hour chart. Source: Cointelegraph\/TradingView<\/em><\/p>\n<\/figcaption><\/figure>\n<\/p>\n

Litecoin has “one of the best charts in crypto”<\/h2>\n

Litecoin’s current performance implies it is on an asymmetric rally versus the wider crypto market, and most LTC futures traders maintain a clear directional bias. Data<\/a> highlights a clear trend where LTC’s open interest has consistently peaked at $140. <\/p>\n

\"Litecoin
\n

Litecoin open interest, funding rate and liquidation chart. Source: Velo.data<\/em><\/p>\n<\/figcaption><\/figure>\n

During LTC’s recent correction, its open interest dropped from $885 million to $525 million, which is a 40% drop between Feb. 20 and Feb. 26. However, a majority of the OI declined within the first three days. It remained flat during LTC’s drawdown in the past two days.<\/p>\n

In the past 24 hours, a flash OI spike of 10% was observed alongside a price rise, which might imply fresh long positions from traders. The rise in the funding rate further confirmed that more longs were currently active than shorts. <\/p>\n

In light of that, Tyler, an anonymous crypto trader, said<\/a> that the altcoin presented “one of the best charts in crypto.” <\/p>\n

The sentiment was followed up by Poseidon, a crypto analyst who predicted<\/a> that Litecoin is targeting a new all-time high at $300. <\/p>\n

However, a technical analyst, Mihir, believed the long-term target could be even higher. <\/p>\n

The analyst said, <\/p>\n

“LTC hit $350 USD during 2017 — a 310x move. It retested the 2017 high during the 2020 bull run but failed to make a new ATH. In the current (2023-2025) bull run, it hasn’t moved much yet, but it is indicating an upside move this year. If it breaks above $250 USD, then $1,000 is feasible.”<\/p><\/blockquote>\n

\"Litecoin,
\n

Litecoin 1-month analysis by Mihir. Source: X.com<\/em><\/p>\n<\/figcaption><\/figure>\n

Related: M2 money supply could trigger a ‘parabolic’ Bitcoin rally — Analyst<\/strong><\/em><\/a><\/p>\n

Overhead resistance hangs at $140<\/h2>\n

As illustrated in the chart below, Litecoin’s weekly price action is exhibiting strength, and a candle close above $133 will mark its highest level since January 2022. However, the altcoin has failed to break above its overhead resistance at $140 over the past three months. <\/p>\n

With supply-side liquidity (yellow box) available on the upside, LTC needs a weekly close above $133 to invalidate its resistance range. <\/p>\n

\"Litecoin,
\n

Litecoin 1-week chart. Source: Cointelegraph\/TradingView<\/em><\/p>\n<\/figcaption><\/figure>\n

Related: Bitcoin sets new 3-month low as analyst eyes $93.5K reclaim ‘this week’<\/strong><\/em><\/a><\/p>\n

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n","protected":false},"excerpt":{"rendered":"

Litecoin (LTC) demonstrated a V-shaped recovery of 20% after dropping to $106 on Feb. 25. After a brief decline below the 50-day and 100-day exponential moving averages (EMAs), the altcoin has regained a bullish position and is currently outperforming a majority of assets within the […]<\/p>\n","protected":false},"author":1,"featured_media":387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts\/385"}],"collection":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/comments?post=385"}],"version-history":[{"count":3,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts\/385\/revisions"}],"predecessor-version":[{"id":393,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts\/385\/revisions\/393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/media\/387"}],"wp:attachment":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/media?parent=385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/categories?post=385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/tags?post=385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}