Litecoin (LTC) Defies Crypto Downtrend, Price Poised for 30% Rally
The post Litecoin (LTC) Defies Crypto Downtrend, Price Poised for 30% Rally appeared first on Coinpedia Fintech News
LTC, the native token of Litecoin, is making waves and garnering significant attention from crypto enthusiasts. On February 19, 2025, while the overall cryptocurrency market sentiment remains bearish and top assets like Bitcoin (BTC), Ethereum (ETH), and XRP struggle to gain momentum, LTC has outperformed the market with a 4.5% gain.
Litecoin (LTC) Price Momentum
With this gain, LTC has defied the overall bearish trend and is currently trading above $128.20. This notable increase has not only outperformed major cryptocurrencies but also flipped Avalanche (AVAX) and Sui (SUI). Due to its bullish momentum, LTC has attracted significant interest from investors and traders, leading to a 27% jump in trading volume.
However, this interest from long-term holders differs and opposes the bullish sentiment, as reported by the on-chain analytics firm Coinglass. Data from spot inflow/outflow reveals that exchanges have witnessed an inflow of over $2.3 million worth of LTC tokens, suggesting a potential sell-off by long-term holders.
In the current market sentiment, it seems like investors are capitalizing on the recent price surge for profit booking, which could create selling pressure and lead to a further price drop.
LTC Technical Analysis and Upcoming Level
This notable upside momentum appears to be shifting the ongoing consolidation into a bullish price action. According to expert technical analysis, with the recent price surge, LTC has approached its crucial resistance level of $140, which has a history of price reversals and selling pressure.
Since December 2025, the asset has reached this crucial level more than four times, and each time, it has experienced a notable price drop.
However, given LTC’s recent performance, there is a strong possibility that it could soon breach this resistance level and close a daily candle above $141. If this happens, LTC could soar by 30% to reach $182.50 in the coming days. Otherwise, the price may fall back to the $100 level in the future.
