Litecoin: Can LTC Claim $250 In March 2025?

5 months ago 21

Litecoin (LTC) made a large comeback successful 2024. With rumors astir an LTC exchange-traded money (ETF) garnering support surfacing, the bearish momentum from past twelvemonth was carried into 2025 arsenic well. Throughout the past 12 months, the altcoin has recorded a monolithic surge of 76.53%. The plus went from trading astatine a debased of $50.43 each the mode to a precocious of $146.61. While the assemblage assumed that LTC would assertion $200, the plus was moving slower than expected.

Also Read: US and Ukraine Strike Mineral Deal—A Game-Changer for Energy Supply Chains

Litecoin’s Meteoric Rise

Source: Webopedia

Litecoin emerged arsenic the apical performer of the day, with a monolithic surge of 10.38% implicit the past 24 hours. The altcoin was priced astatine a debased of $109.31 conscionable earlier today. But soon, LTC jumped to a precocious of $127.07. At the clip of writing, the altcoin was trading astatine $123.39.

Also Read: Top 3 Cryptocurrencies To Buy If You Like Shiba Inu

Several factors person fueled the maturation of LTC. The likelihood that the U.S. Securities and Exchange Commission (SEC) would o.k. an ETF based connected Litecoin is 90%, according to Bloomberg analysts James Seyffart and Eric Balchunas. This prediction near the assemblage looking astatine LTC done a bullish lens. More recently, Santiment noted that LTC handled $9.6 cardinal successful regular transactions, a startling 243% maturation from lone 5 months ago.

March Price Prediction

According to information from CoinCodex, March is expected to beryllium a bullish period for Litecoin. But the chances of the altcoin reaching $250 were diminished. The steadfast revealed that successful examination to contiguous rates, analysts foretell that LTC’s terms volition summation by 19.11% successful March. The maximum terms that the plus volition commercialized astatine stands astatine $193.21. Sadly, this is simply a acold outcry from the desired $250 mark. In addition, the mean trading terms of LTC successful March is $147. The lowest that the plus volition beryllium priced astatine is $117.56.