Litecoin Price Prediction : Will LTC Price Retest Its All-Time High After a 54% Q4 Surge?
As the cryptocurrency market shows signs of recovery in the first days of 2025, Litecoin (LTC), a well-established altcoin secured by the Proof-of-Work (PoW) consensus mechanism, is showing promise for further growth.With a fully diluted valuation of about $8.9 billion and a 24-hour average trading volume of $575 million, Litecoin has gained around 8% in the first two days of the year. By Thursday, January 2, LTC was trading at approximately $105.8 during the mid-London session.Let’s dive deeper into LTC’s recent performance and what lies ahead.New Highs for Litecoin?After a 54% price increase in Q4 2024, Litecoin appears poised to push toward its all-time high. Over the past week, LTC has been testing a macro bullish breakout, with strong support holding above the $100 level.In the short term, Litecoin’s price could move in either direction, although bearish sentiment currently holds the advantage. For the past four weeks, LTC has been forming lower highs and lower lows, consistently closing below its 50-day Moving Average (MA).That said, traders should look for a bullish breakout if LTC can close above $129 for a sustained period.Litecoin Is Set to Explode – Here’s WhyThe Litecoin network is expanding rapidly, now with over 7.8 million on-chain users and more than 283,000 transactions since its inception. In 2024, the network processed over 92 million transactions, marking a 38% year-over-year (YoY) growth.Litecoin remains a popular choice for cross-border payments, thanks to its fast transaction speed and low fees under $0.01. With ongoing mainstream adoption, as seen through multiple LTC spot ETFs filed in 2024, the altcoin is well-positioned for continued growth in the years ahead.With strong fundamentals and a growing user base, Litecoin’s journey in 2025 could prove to be one of the most exciting in the altcoin market.Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions.