Litecoin is one of the first, if not the first, alt-coin (alternative cryptocurrency to Bitcoin), launched on October 13, 2011, and dubbed as “the silver to Bitcoin’s gold”. It is still one of the largest P2P (peer-to-peer) cryptocurrencies based on market capitalization, and it uses blockchain technology to keep track of all transactions in a public, decentralised ledger.
It is inherently similar to Bitcoin, so it runs on an open-source blockchain and can be mined. They have a few key differences; Litecoin has a much larger supply, and transactions on the network are much faster. It also uses a different hashing algorithm designed to keep mining fair for everyone involved, which has kept it one of the top crypto assets.
The fastest, most convenient way to purchase Litecoin is to purchase it on ICONOMI. We check Litecoin live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Litecoin by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Litecoin is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Litecoin, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Litecoin in their structure.
Here you can read and comment on all posts made by Strategists about Litecoin LTC. See all Litecoin USD price predictions in real time and make the best use of their crypto knowledge.
🤟 Rebalancing Info 01.03.2025 🤟
Strategy Performance February: -24%📉
Winner February: $LTC +1% 😅
Loser February: $PEPE -44% 📉
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There have been no changes in the Top25 in February. 🥱
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
The first 3 places did not change, although all 3 top strategies by change all experienced big losses.
The resulting structure integrated assets as $XRP and $LTC which performed relatively well in last months.
Here the asset contribution:
Litecoin’s Momentum: Breakout or Exhaustion?
Litecoin is currently trading around $128.34, attempting to build strength after recent gains. The Bollinger Bands are tightening, signaling reduced volatility and a potential breakout soon. The next major resistance is at $129.22, where $LTC must break through to continue its bullish trend. RSI is at 53.71, showing neutral momentum, meaning $LTC still has room to push higher before becoming overbought. Volume remains moderate at 9.86K, suggesting buyers are present but not aggressive yet. If $LTC fails to break above $129.22, a retracement toward $127.25 or even $125.27 is likely. However, a strong breakout above $130 with volume could push LTC toward $135-$140 in the near term.
Litecoin's Breakout – The Road to $200
Litecoin has officially broken out of a symmetrical triangle, signaling a major uptrend! $LTC now targets $194, with $200 as the next key psychological resistance. Analysts predict that this bullish momentum could push Litecoin to $250+ if ETFs get approved. LTC/BTC is showing signs of bottoming out, aligning with historical bull cycles where Litecoin surged by 800% in USD terms. Whales are accumulating, and market sentiment is shifting in favor of $LTC! ETF speculation, network resilience, and market positioning are fueling this rally. A clean break above $200 could open the door for a parabolic move to $800. Litecoin has been underestimated for years, but this cycle could be different.
LTC ETF: The Next Big Crypto Catalyst?
Litecoin ETF speculation is heating up, with Grayscale, Canary Capital, and CoinShares all pushing for SEC approval! Bloomberg analysts give $LTC an 90% chance of ETF approval by 2025. This could make Litecoin one of the first altcoins to get an ETF, opening the floodgates for institutional adoption! Litecoin’s fundamentals are stronger than ever, with lower fees, faster transactions, and post-quantum security measures. With Bitcoin ETFs already reshaping the market, analysts believe LTC’s price could explode toward $400-$800 if an ETF gets approved. Litecoin's ETF is advancing faster than $XRP and $DOGE, with Bloomberg ranking it ahead in the regulatory process. Regulators are finally recognizing Litecoin’s longevity and security. If the SEC gives the green light, Litecoin could cement itself as a top-tier digital asset.
