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Reading: Litecoin Stands Out as Other Cryptos Struggle in February 2025
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COINTURK NEWS > Litecoin (LTC) > Litecoin Stands Out as Other Cryptos Struggle in February 2025
Litecoin (LTC)

Litecoin Stands Out as Other Cryptos Struggle in February 2025

In Brief

  • Litecoin shows resilience against selling pressure in the crypto market.

  • Investors may be taking profits, which could affect future prices.

  • The $140 resistance level is critical for Litecoin's next price movements.

Ömer Ergin
Ömer Ergin 11 months ago
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As cryptocurrencies face considerable selling pressure, Litecoin (LTC) continues to make a significant impact. As of February 19, 2025, while major cryptocurrencies like Bitcoin (BTC) $91,967, Ethereum (ETH) $3,139, and XRP experience declines, LTC is garnering attention with its strong upward movement, surpassing the $128.20 level despite a generally stagnant market.

Litecoin Price Commentary

With this substantial surge, Litecoin has outperformed other crypto projects such as Avalanche (AVAX) and Sui (SUI). This move has attracted investors, evident by a 27% increase in trading volume. However, on-chain data indicates that long-term Litecoin holders injected approximately $2.3 million worth of LTC into the market, which could be interpreted as a profit-taking strategy.

Contents
Litecoin Price CommentaryLitecoin Price Analysis: Key Levels

Investors may be capitalizing on Litecoin’s rise by liquidating some of their holdings. This trend could put pressure on prices in the future, potentially leading to another wave of declines.

Litecoin Price Analysis: Key Levels

Recently, Litecoin has been consistently testing its critical levels. The $140 mark has emerged as a significant resistance point, with prices facing strong rejections at this threshold on four occasions. However, if the current momentum persists, Litecoin may breach this level, closing daily candles above $141.

Litecoin LTC Analysis, Commentary – February 19, 2025

If this scenario unfolds, LTC could experience a rise of 30%, reaching levels around $182.50. However, if Litecoin retraces from this threshold, predictions suggest that prices could drop back to around $100.

Currently, Litecoin is trading at $130.69, reflecting a 1.43% decline in the last 24 hours. Moreover, data reveals that the altcoin has risen by 5.31% over the past week and 12.39% over the last 30 days.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 19 February, 2025 - 9:35 am 19 February, 2025 - 9:35 am
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