How High Will Litecoin (LTC) Rise In February 2025?

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Litecoin (LTC) was 1 of the earliest cryptocurrencies to participate the market. Despite its popularity and maturation complaint backmost successful the day, LTC took a backseat during the past fewer years. The altcoin was sidelined arsenic the marketplace welcomed a plethora of caller assets. This, however, did not halt the plus from making a comeback. The quality of a Litecoin exchange-traded money (ETF) garnering support has enactment LTC nether the spotlight. Can the altcoin slope connected this momentum and surge this month?

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Litecoin’s Rise and Fall

The full marketplace was painted red, astatine property time. Most assets were signaling a monolithic driblet successful price. Litecoin was 1 among them. After rallying by much than 10% successful a azygous day, LTC was seen experiencing a diminution of akin magnitude. During the clip of writing, the altcoin was trading astatine $116.67 pursuing a astir 10% driblet implicit the past 24 hours.

LTC’s monthly returns basal astatine 17.38%. Despite this notable maturation of the altcoin, it remains 71% beneath its all-time high. Litecoin deed a highest of $412.96 astir 4 years agone successful 2021.

But the chances of the plus reclaiming this highest were heightened. ETF analysts astatine Bloomberg said determination is simply a 90% probability the US Securities Commission would o.k. a spot Litecoin ETF earlier the twelvemonth is out.

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February Price Prediction

Data from CoinCodex revealed that the altcoin is acceptable to grounds a notable increase. However, the chances of LTC reclaiming its highest were highly unlikely. According to the firm, Litecoin mightiness summation by up to 6.32% successful February, reaching an mean terms of $124.21 for the month. The scope of the expected terms saltation is betwixt $103.80 and $148.97. When compared to the contiguous price, this inclination tin supply a imaginable instrumentality of 27.50%.