The crypto market decline sent Bitcoin into a two-month stall while whales purchased $130 million of LTC. The value of Litecoin experienced its lowest point during the last two weeks until it regained strength. Network data indicates that Litecoin whales have bought back $130 million of LTC while market fear runs high. The heavy buying by large Litecoin investors might lead to an upcoming price increase for this cryptocurrency.
$LTC Whale Accumulation/Distribution Pattern Clearly Shows What’s Next For #Litecoin! pic.twitter.com/1oQbFt7deJ
— MAXPAIN (@Mangyek0) February 26, 2025
In this moment Litecoin holds a market price of $121 which saw a 10% increase during the previous day. Large Litecoin holders have been buying more coins during the price decrease because our on-chain analysis shows this buying behavior.
An analyst named MAXPAIN says that the $130 million purchase by whales follows their past buying habits during market downturns and selling during peak times. Whales usually invest at market lows before strong rallies occur and past behaviour suggests this accumulation may lead to a bull run.
Can Litecoin Overcome Resistance and Rally to $300?
Market watchers analyze that growing whale appetite for Litecoin paired with recovering retail traders could push its value upward. A rise in bullish market activity creates ideal conditions for LTC to break through its price barriers.
Can Litecoin Break Out to $300? The price of Litecoin has not surpassed $140 as it gets turned away by the market three times in a row. The cryptocurrency trades between $110 and its current levels because traders maintain robust support in this range.
In Tyler’s expert analysis Litecoin needs to surpass $140 resistance before it can continue rising towards $230 within the next weeks. After recovering from its support zones LTC starts to challenge this resistance level again.
Crypto Poseidon Predicts Litecoin Breakout Toward $300 Soon
In his analysis Crypto Poseidon sees a bullish market structure on a higher timeframe chart that predicts an upcoming breakout toward $300 in price. The cryptocurrency observer described Litecoin as a strong market indicator because it now shows resistance as support which suggests the asset may climb in value.
Litecoin one-hour chart reveals a strong pattern that suggests Bullish prices. Bull investors control the market because Litecoin’s price sits inside an upward chart channel. The Relative Strength Index (RSI) moved to 64 which shows that more buyers appear in the market.
The indicator shows rising prices because its values move steadily higher which demonstrates an increase of buyers on the market. MACD technical indicator has now formed a bullish trend which supports the ascending outlook. Growing buying strength is shown in the green histogram bars of MACD.
If its current bull market continues unchanged, Litecoin will reach $130 and then $140. Breaking through these resistance levels would start the rally that investors expect to reach $300 in price.
The Litecoin whale investors have hidden their LTC investments worth $130 million at a time of market doubt, following their history of building positions before price jumps. Strong signs point to Litecoin reaching its important price targets, as its charts favor buying patterns. Market participants will observe LTC price action to check if the uptrend can continue.
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