The probability of a Litecoin (LTC) spot ETF approval has soared to 80% on Polymarket, up from 42% in January 2025. This sharp increase has ignited bullish momentum for Litecoin, often referred to as “digital silver” next to Bitcoin’s “digital gold.”
As a proof-of-work Bitcoin hard fork, Litecoin is seen as a commodity, avoiding regulatory hurdles faced by altcoins like Solana and XRP, thus easing its ETF approval prospects.
Key Drivers of Approval Momentum
Major filings by Canary Capital, Grayscale, CoinShares.
Canary Capital’s ETF proposal is progressing smoothly without postponements.
Litecoin’s classification as a commodity simplifies SEC approval compared to altcoins under security classifications.
Litecoin Price Analysis Amid ETF Optimism
Current Price: $100.14 (down 2.22% in 24h).
Above 200-day Moving Average: $97.50 (bullish sign).
RSI at 45: Indicates more room for upward movement.
Bollinger Bands Contracting: Signals upcoming volatility spike.
Resistance & Support Levels
Immediate Resistance: $105.
Next Targets: $120–$130.
Short-term Bullish Target (post-approval): $150–$200.
Potential Pre-Approval Surge (anticipation buying): Up to $255.
Key Support Zone (if rejected): $90–$81.
Market Outlook
Analysts suggest that sustained ETF optimism could drive LTC to $150–$200 in the short term. A confirmed break above $105 with strong volume may validate this uptrend. However, any delays in the SEC decision could trigger consolidation around $120–$130, while rejection risks pullbacks to the $90–$81 support zone.
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