NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Analysts Expect Litecoin to Incur Further Gains Despite Crypto Market Downturn, Here’s Why

Cole Petersen
Cole Petersen
6 years ago
2 mins read
Litecoin LTC

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Litecoin (LTC) has been incurring significantly bullish price action over the past several weeks, marking a continuation of the significant gains it has incurred so far this year. The primary factor driving the recent gains, it seems, is its upcoming mining reward halving, which is widely viewed as a bullish event.

Now, analysts believe that Litecoin could incur further upwards momentum in the near-future, which may allow it to continue setting higher highs.

Litecoin Surges to Fresh Year-to-Date Highs

At the time of writing, Litecoin is trading up over 7% at its current price of $136 and is up significantly from its 24-hour lows of below $125.

While looking at the cryptocurrency’s price action over a longer time frame, it quickly becomes apparent as to just how bullish LTC has been compared to the rest of the markets.

In mid-December of 2018, Litecoin plummeted to lows of $23, which coincided closely with the entire market downturn that sent Bitcoin reeling to lows of roughly $3,000. Since then, Litecoin has skyrocketed higher, and is continuing to set fresh year-to-date highs.

Although many analysts grow weary of cryptocurrencies that surge while the rest of the markets are caught in a price lull, LTC may be an exception, due to its upcoming mining reward halving that is currently set to occur in the next couple of months.

Luke Martin, a popular cryptocurrency analyst on Twitter, spoke about Litecoin in a recent tweet, explaining that he believes LTC could surge past 0.0182 BTC in the near future, which is above its current price of 0.0172.

“LTC momentum continues. Still think it can reach the .0182 swing high. Plenty of time to break past that as well imo,” he noted.

$LTC momentum continues.

Still think it can reach the .0182 swing high. Plenty of time to break past that as well imo. pic.twitter.com/mnW1dzM3Ca

— Luke Martin (@VentureCoinist) June 11, 2019

Analyst: LTC May Jump To $150 in Near Future

Martin is not alone in his belief that Litecoin may surge higher in the near future, with another popular analyst explaining that he believes the crypto could surge to $150 next.

Harry, a popular analyst who focuses primarily on XRP’s price action, spoke about LTC in a recent tweet, noting that it may continue surging higher as anticipation for the halving event balloons.

“$LTC similar structure to $ETH where I picked sell off’s in the $270 range. I’m putting this one out early, take a good look at the chart and potentially consider some incremental selling in the $140-150 range. Shorts are going to be very active there,” he noted.

$LTC similar structure to $ETH where I picked sell off's in the $270 range. I'm putting this one out early, take a good look at the chart and potentially consider some incremental selling in the $140-150 range. Shorts are going to be very active there @360_trader x

— Harry 🪝🏴‍☠️ (@HaraldoXRP) June 11, 2019

It is important to note that LTC is currently moving independently of the aggregated crypto markets, which may mean that Bitcoin will likely have little impact on where it goes next.

Featured image from Shutterstock.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin aproape de 120.000$ – vine un nou ATH?

După ultimul ATH de la mijloc de august, când Bitcoin a atins 124.500$, a urmat o corecție ce a venit...

antonio 5 hours ago
XRP

Is XRP Ready For Its Most Powerful Rally Yet? Analysts See $20 Ahead

XRP grabbed fresh attention after two well-known chart analysts outlined bullish setups that could push the token much higher if...

Christian Encila 7 hours ago
Ethereum

Ethereum (ETH) Mirrors 2021 Price Action As Bulls Target $10,000 By 2026

Ethereum remains one of the most controversial tokens in the present market cycle, considering its status as the second-largest cryptocurrency...

Semilore Faleti 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Price On The Verge Of Explosive Move: Here’s The Only Condition

Opeyemi Sule 1 hour ago
Ethereum

BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000

Scott Matherson 3 hours ago
Ethereum

Ethereum Taker Buy-Sell Ratio Falls Critically Low—What Happened Last Time?

Opeyemi Sule 5 hours ago

Premium Sponsors

Press Releases

  • パイネットワーク...

    1 day ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Cele mai bune altcoin-uri de cumpărat, pe măsură ce...

    1 day ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Cele mai bune meme coin-uri de cumpărat acum, pe măsură...

    1 day ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Nejlepší meme coiny k nákupu nyní, když se tržní...

    1 day ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Nejlepší altcoiny k nákupu, když se cena Solany...

    1 day ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.