Various Bullish Metrics Align for Litecoin (LTC) Price Pump: Only One Resistance Remains
The Litecoin ecosystem is displaying multiple bullish indicators that suggest potential price momentum. The Litecoin Foundation highlighted a network achievement, with 84 million transactions completed in 2024 – already 17 million more than the entire previous year, signaling unprecedented network activity.
Litecoin (LTC) price appears to be gearing up for a potential breakout as several bullish metrics align. The Litecoin Foundation recently announced that the network has already processed 84 million transactions in 2024, which is 17 million more than the entire previous year. This achievement highlights the increasing network activity and usage.
Moreover, one crypto analyst has noted that Litecoin has reached a new all-time high hashrate, indicating maximum network security. At the same time, miner reserves have dropped to an all-time low, which could be a bullish development.
LTC price must now break out of a triangle pattern to rally
A glance at Litecoin’s price chart reveals that LTC has been trading within a tightening triangle pattern since 2022. The price is currently approaching the upper boundary of this triangle, and a breakout could trigger a significant rally.
Both the 50-day and 200-day moving averages are positioned below the current price, reinforcing the short- and long-term bullish prospects.
However, it is important to note that the Relative Strength Index (RSI) is currently at 65, indicating that the asset might be overbought. This could lead to some price increases before a potential retracement. Traders are advised to monitor the critical resistance levels closely.
The market now awaits a decisive breakout from the triangle pattern, which could pave the way for Litecoin’s next substantial price move.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
We recommend eToro
The above is the detailed content of Various Bullish Metrics Align for Litecoin (LTC) Price Pump: Only One Resistance Remains. For more information, please follow other related articles on the PHP Chinese website!

The top three global leading digital currency trading apps are: 1. OKX, established in 2017, providing a comprehensive product line and strong security guarantee; 2. Binance, established in 2017, supports transactions of more than 500 digital currencies, and has high transaction efficiency; 3. Gate.io, established in 2013, is known for its rich currency and low transaction fees.

After the USDT transfer address is incorrect, first confirm that the transfer has occurred, and then take measures according to the error type. 1. Confirm the transfer: view the transaction history, obtain and query the transaction hash value on the blockchain browser. 2. Take measures: If the address does not exist, wait for the funds to be returned or contact customer service; if it is an invalid address, contact customer service and seek professional help; if it is transferred to someone else, try to contact the payee or seek legal help.

The world's leading ten digital currency apps include: 1. OKX, 2. Binance, 3. Huobi, 4. Matcha (MXC), 5. Bitget, 6. BitMEX, 7. Pionex, 8. Deribit, 9. Bybit, 10. Kraken. These platforms have their own characteristics in security, transaction services, technical architecture, risk control team, user experience and ecosystem.

The top ten leading virtual currency trading apps in the world in 2025 are: 1. Binance, 2. Gate.io, 3. OKX, 4. Huobi Global, 5. Bybit, 6. Kraken, 7. FTX, 8. KuCoin, 9. Coinbase, 10. Crypto.com.

A Bitcoin can be divided into 100 million shares, the smallest unit is "Song", 1BTC = 100 million shares. The steps for beginners to purchase Bitcoin include: 1. Select a trusted trading platform, such as Binance, gate.io, and OKX; 2. Register and complete identity verification (KYC); 3. Recharge fiat currency, usually first exchanged for USDT; 4. Buy Bitcoin on the platform; 5. Choose hot storage or cold storage to store Bitcoin safely.

In China, transactions of Bitcoin exchange for domestic money are not allowed. In other countries and regions where transactions are allowed, exchanges can be carried out through the following platforms: 1. Binance, 2. Ouyi (OKX), 3. Huobi (Huobi).

Before investing in Bitcoin, you must know the following key information about blockchain exchanges: 1. Exchange types: Centralized exchanges such as Coinbase and Binance are suitable for beginners but have security risks; decentralized exchanges are highly secure but complex in operations. 2. Security: Multi-signature, cold storage and other security measures need to be checked. 3. Transaction fees: including handling fees, recharge and withdrawal fees, and the charging standards vary greatly. 4. Regulatory compliance: You need to understand the laws and regulations of your region and choose a compliance exchange. 5. Transaction functions and services: Multiple order types and customer services are required.

Platforms suitable for novices to invest in Bitcoin are: 1. OKX: Strong ease of use, simple interface, complete security measures, rich educational resources, and support a variety of cryptocurrencies. 2. Binance: There are many trading varieties and strong liquidity, and provide a variety of trading tools. 3. Huobi: The interface design is simple, the transaction depth is good, and OTC transactions are safe.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

SublimeText3 English version
Recommended: Win version, supports code prompts!

SublimeText3 Chinese version
Chinese version, very easy to use

VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software