GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

Why Litecoin Price is Up Today: Key Factors Driving Its 14% Surge

Why Litecoin Price is Up Today

The post Why Litecoin Price is Up Today: Key Factors Driving Its 14% Surge appeared first on Coinpedia Fintech News

The crypto markets reacted positively as the Fed held the interest steady. Many believed the markets may exhibit extreme volatility ahead of FOMC but the fresh rates offered a significant push to the BTC price and also the other altcoins. Meanwhile, Litecoin’s price seems to have been preparing for the breakout, as it triggered a strong rebound much before the FOMC and, amid the SEC’s review of the ETF application, surged by over 14%.

Why Litecoin Price is Up Today

Litecoin is considered one of the most undervalued tokens as it is the first crypto after Bitcoin, which is still working. In the times when the token appeared dead for many, the LTC price displayed a huge bullish move. The LTC price rally has been restricted below $100 through the year 2023 and 2024 and now that the price is consolidating above the range since the start of 2025, a new ATH seems to be imminent this year.

Factors Driving Litecoin’s Price Surge

The weekly chart of LTC price shows the price is preparing for the next bullish action as the levels have sustained above the 200-day MA. Moreover, the 50/200 day weekly MA is heading for a bullish crossover, known as Golden Cross, which may further push the price beyond the resistance at $205. Besides, the MACD, which was about to undergo a bearish crossover, quickly displayed a bullish divergence and revived bullish hopes.

Hence, the Litecoin price is believed to break above the prevailing consolidation and rise above the pivotal range of around $150. The rise in volume suggests a rise in the trader’s participation, which may eventually increase the volatility of the token. Therefore, the price, which has been within the top 20, is soon believed to enter the top 15 as the bulls are primed to elevate the levels beyond $300.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Latest Press

post-thumbnail
News
1 hour ago
Hyperliquid (HYPE) & SUI Launch A Bullish Attack—Is This a Good Time to Buy HYPE OR SUI?
The post Hyperliquid (HYPE) & SUI Launch A Bullish Attack—Is This a Good Time to Buy HYPE OR S...
READ MORE
post-thumbnail
News
1 hour ago
Czech National Bank Approves Proposal to Assess Bitcoin and Other Asset Investments
The post Czech National Bank Approves Proposal to Assess Bitcoin and Other Asset Investments appeare...
READ MORE
post-thumbnail
News
1 hour ago
Just In: Kraken Reintroduces Staking Products for U.S. Customers
The post Just In: Kraken Reintroduces Staking Products for U.S. Customers appeared first on Coinpedi...
READ MORE
post-thumbnail
News
1 hour ago
Litecoin Overvalued as MVRV Declines, Despite Price Surge: What’s Next for LTC Price?
The post Litecoin Overvalued as MVRV Declines, Despite Price Surge: What’s Next for LTC Price? app...
READ MORE
post-thumbnail
News
1 hour ago
AAVE Set for 25% Rally, Traders Eye $375
The post AAVE Set for 25% Rally, Traders Eye $375 appeared first on Coinpedia Fintech News After exp...
READ MORE
post-thumbnail
News
1 hour ago
ECB Cuts Rates, Lagarde Rules Out Bitcoin in EU Reserves
The post ECB Cuts Rates, Lagarde Rules Out Bitcoin in EU Reserves appeared first on Coinpedia Fintec...
READ MORE
post-thumbnail
News
1 hour ago
Top 5 Meme Coins Under $0.01 That Could Explode in 2025—Catzilla Coin Is #1
The post Top 5 Meme Coins Under $0.01 That Could Explode in 2025—Catzilla Coin Is #1 appeared firs...
READ MORE
post-thumbnail
News
1 hour ago
Illinois Joins Growing List of States Proposing Bitcoin Reserve
The post Illinois Joins Growing List of States Proposing Bitcoin Reserve appeared first on Coinpedia...
READ MORE
post-thumbnail
News
1 hour ago
Price Projections for Solana, Polygon (POL), and XYZVerse—Solana’s Google Search Boom Analyzed
The post Price Projections for Solana, Polygon (POL), and XYZVerse—Solana’s Google Search Boom A...
READ MORE
post-thumbnail
News
1 hour ago
Crypto News: Avalanche Cuts Transaction Costs by 75%, Boosting Network Activity
The post Crypto News: Avalanche Cuts Transaction Costs by 75%, Boosting Network Activity appeared fi...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started