Main notes
- Litecoin explains the highest bitcoin connection between the main altcoins at 0.88, bypassing ETHEREUM and ChainLink.
- LTC is approaching the decisive resistance of $ 93.50 as the moving average for 150 days creates a major technical barrier to make more gains.
- Technical indicators show an upward momentum with three consecutive green candles and 9.36 % gains over 72 hours.
Litecoin
Ltc
94.45 dollars
24 hours fluctuation:
3.9 %
The maximum market:
$ 7.19 b
Folder. 24h:
607.12 dollars
The price rose to $ 92.87 on Thursday, as Bitcoin increased to the highest levels ever above $ 113,000. This step follows The last position of US President Donald Trump on the social truth Call to FBI discounts. The data on the series shows that the height of Litecoin to a peak of 40 days can be directly related to the comfort of BTC.
According to InTothheblock The 30 -day linking data, Litecoin now carries the highest rate of prices to Bitcoin
BTC
115 dollars 761
24 hours fluctuation:
3.9 %
The maximum market:
$ 2.30
Folder. 24h:
$ 55.82 b
Between Altcoins is the main in 0.88. Compared, chainlink
connection
$ 15.20
24 hours fluctuation:
6.5 %
The maximum market:
$ 10.31 b
Folder. 24h:
$ 582.72 m
Holds 0.78 and ethereum laboratory
Eth
$ 2 943
24 hours fluctuation:
6.0 %
The maximum market:
355.24 dollars b
Folder. 24h:
$ 38.77 b
Sitting in 0.72 to compensate the first three.
Litecoin price association to Bitcoin (BTC) | Source: IntTHEBLOCK
This indicates that Litecoin has reflected 88 % of Bitcoin price movements last month. If the price of BTC extends about $ 120,000, then this will theoretically put the price of LTC by about $ 100, provided that the association and feeling remains intact.
LTC Eyes 100 dollars target as a price test 93.50 dollar resistance
From a technical perspective, the price of Litecoin is approaching the main resistance group of about $ 93.50, where the simple moving average sits for 150 days (SMA). A successful collapse above this level may open the door to the psychological barrier of $ 100.
As shown below, the LTC price has closed three consecutive green candles, spreading 9.36 % over the past 72 hours. Macd climb up with the MACD line crossing over both signal and basic line.
Ltc Price expectations Source: TradingView
Moreover, the daily size reached 1.38 million LTC, which confirms a strong momentum behind the penetration. However, failure to break 150-SMA can lead to a brief decline.
50-SMA at $ 88.15 and 100-SMA at $ 87.14 provides class support for buyers in the short term. If Bitcoin is strengthened less than $ 113,000, Litecoin can attract buyers, which is likely to lead prices towards $ 100 psychological target, in line with LTC levels from April 2025.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Ibrahim Ajibad is an experienced research analyst and has a background in supporting the various startups and financial organizations in Web3. He obtained his university degree in the economy while he is currently studying for a master’s degree in Blockchain and distributing a professor’s notebook techniques at Malta University.
The post Litecoin Price Correlation Ratio to BTC Hits 88%: What to Expect if Bitcoin Crosses $120K first appeared on Investorempires.com.
