Key Notes
- Litecoin demonstrates the best Bitcoin correlation amongst main altcoins at 0.88, surpassing Ethereum and Chainlink ratios.
- LTC approaches crucial $93.50 resistance the place the 150-day shifting common creates a key technical barrier for additional features.
- Technical indicators present bullish momentum with three consecutive inexperienced candles and 9.36% features over 72 hours.
Litecoin
LTC
$94.45
24h volatility:
3.9%
Market cap:
$7.19 B
Vol. 24h:
$607.12 M
value surged to $92.87 on Thursday as Bitcoin rallied to new all-time highs above $113,000. The transfer follows US President Donald Trump’s latest posts on Truth Social calling for Fed charge cuts. On-chain information reveals that Litecoin’s rise to a 40-day peak could possibly be instantly linked to the BTC milestone breakout.
According to IntoTheBlock’s 30-day rolling correlation information, Litecoin now holds the best value correlation ratio to Bitcoin
BTC
$115 761
24h volatility:
3.9%
Market cap:
$2.30 T
Vol. 24h:
$55.82 B
amongst main altcoins at 0.88. Compared, Chainlink
LINK
$15.20
24h volatility:
6.5%
Market cap:
$10.31 B
Vol. 24h:
$582.72 M
holds a 0.78 coefficient, and Ethereum
ETH
$2 943
24h volatility:
6.0%
Market cap:
$355.24 B
Vol. 24h:
$38.77 B
sits at 0.72 to make up the highest three.
Litecoin value correlation to Bitcoin (BTC) | Supply: IntoTheBlock
This means that Litecoin has mirrored 88% of Bitcoin’s value actions over the past month. If BTC value extends its rally towards $120,000, this might theoretically place LTC value round $100, offered the correlation ratio and sentiment stays intact.
LTC Eyes $100 Goal as Price Assessments Key $93.50 Resistance
From a technical perspective, Litecoin value is nearing a key resistance cluster round $93.50, the place the 150-day easy shifting common (SMA) sits. A profitable breakout above this degree might open the door towards the psychological $100 barrier.
As seen beneath, LTC value closed three consecutive inexperienced candles, posting a 9.36% achieve over the past 72 hours. The MACD indicator flipped bullish with the MACD line crossing above each the sign and baseline.
LTC value forecast | Supply: TradingView
Extra so, day by day quantity reached 1.38 million LTC, confirming robust momentum behind the breakout. Nonetheless, failure to break the 150-SMA may lead to a quick pullback.
The 50-SMA at $88.15 and 100-SMA at $87.14 supply layered help for short-term consumers. If Bitcoin consolidates beneath $113,000, Litecoin might entice consumers, doubtlessly driving costs in the direction of the $100 psychological goal, aligning with LTC’s highs from April 2025.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any choices based mostly on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting numerous Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is presently finding out for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
