Litecoin Price Prediction for Today, February 19 – InsideBitcoins

The Litecoin price prediction escalates, but a break above $140 is expected to push the coin toward the upper boundary of the channel.

Litecoin Price Data:

• Litecoin price now – $132
• Litecoin market cap – $10.3 billion
• Litecoin circulating supply – 75.54 million
• Litecoin total supply – 84 million
• Litecoin Coinmarketcap ranking – #12

Investing early in cryptocurrency projects can yield significant returns, as seen with Litecoin (LTC). Launched in 2011, Litecoin has grown substantially, reaching an all-time high of $412.98 in May 2021 and an all-time low of $1.11 in January 2015. As of February 19, 2025, LTC is trading at $135.14, marking an impressive 12,197.65% increase from its lowest recorded price. This highlights the potential of early crypto investments, though market volatility and risks should always be considered before investing.

LTC/USD Market

Key Levels:

Resistance levels: $160, $165, $170

Support levels: $105, $100, $095

LTC/USD is currently trading at $132.52, showing a +2.14% gain on the day. The price remains within a well-defined ascending channel, indicating a continuation of the overall bullish trend. The 9-day MA (126.35) is above the 21-day MA (117.66), signaling short-term bullish momentum. As long as the price stays above the 21-day MA, the market remains in a strong position to push higher. The next immediate resistance level is at $140, and a breakout above this could pave the way for LTC to retest the key $150 resistance at the upper boundary of the channel. If buying pressure increases, traders could see LTC making a decisive move toward the upper trendline.

Litecoin Price Prediction: Litecoin (LTC) May Gain More Upsides

The Litecoin price is currently holding the ground above the 9-day and 21-day moving averages after a major recovery from the low of $129.76. This shows that buyers may continue to have the upper hand in the price movement and could easily push the coin toward the potential resistance levels of $160, $165, and $170. In other words, if the buying action fails to maintain the bullish movement above moving averages, the coin could instead settle for consolidation.

On the downside, support is established at $110, which nears the lower boundary of the ascending channel. If Litecoin fails to break above $140 and experiences a pullback, the 9-day MA at $126.35 could act as the first line of defense. A break below this level might push the price toward the 21-day MA at $117.66, where buyers could look to step in. However, a bearish break below the $105 support could invalidate the bullish trend and trigger a deeper correction, potentially sending LTC to $100 and $095 respectively.

LTC/BTC Faces the North

Against Bitcoin, the LTC price is currently hovering at 1384 SAT, reflecting a +1.99% gain on the day. The price remains within a well-established ascending channel, maintaining a bullish structure. However, the 9-day MA (1309 SAT) is above the 21-day MA (1203 SAT), confirming short-term bullish momentum. The price is approaching the key resistance at 1500 SAT, and a breakout above this level could signal further upside movement, potentially targeting new highs within the channel. The rising volume also suggests increasing buying pressure, which could drive LTC toward the resistance level of 1680 SAT and above.

On the downside, support is seen at 1100 SAT, aligning with the lower boundary of the ascending channel. If LTC faces rejection at 1384 SAT and fails to sustain momentum, it could pull back towards the 9-day MA (1309 SAT), which will act as the first line of defense. A break below this level might push the price toward the 21-day MA (1203 SAT), and a bearish move below 1100 SAT could invalidate the bullish outlook, leading to further downside pressure. However, as long as LTC maintains its position above the moving averages and within the channel, the bullish trend remains intact, with the potential to test 1680 SAT in the near term.

Nevertheless, crypto analyst Professor Moriarty announced on X (formerly Twitter) that Litecoin ($LTC) is primed for a major breakout after forming a classic Bull Flag and breaking through a key resistance level. If LTC successfully retests and holds this level as support, it could gain strong momentum toward its next targets. Traders are advised to keep a close watch as a potential rally unfolds. 📈👀

$LTC is ready to go to the moon! 📈

The #Litecoin chart formed a classic Bull Flag and just broke through resistance level, signaling a potential strong upside move.

If $LTC retests and holds that level as support, we could see strong momentum toward Target 1 and Target 2.… pic.twitter.com/IWH6XuAr3R

— Professor Moriarty (@Moriarty_web3) February 19, 2025

Litecoin Alternatives

Litecoin (LTC) must maintain its position above the 9-day and 21-day MAs, with a strong push above $140 confirming further upside. If volume continues to rise and buying pressure sustains, LTC could challenge $160 in the near term. Meanwhile, Best Wallet is launching a new token, offering investors an opportunity to get in on the ground floor of what could be a game-changing project. The platform is designed to onboard billions of users into the crypto space, offering a seamless, easy-to-use alternative to existing wallets. With features like early access to new projects, reduced transaction fees, staking opportunities, and community governance, Best Wallet is positioning itself as a major player in the non-custodial wallet market. Already, the presale has raised $10.2 million, highlighting strong investor interest.

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