- Litecoin trades at $86.01, down 3.31% daily but up 1.90% weekly; broke key resistance with $97.10 next target.
- Miners accumulate LTC, signaling confidence; renewed ETF speculation positions it as “digital silver” amid competitor ETF approvals.
Litecoin (LTC) is trading at $86.01, down −3.31% in the last 24 hours, despite posting a +1.90% weekly gain.
LTC currently holds a market capitalization of $6.54 billion, ranking #25 globally, with a 24-hour trading volume of $405.9 million, though that volume is down 43% compared to the previous day.
This price places Litecoin 79% below its all-time high of $410.26, but still over 7,300% above its historical low.
Recent news cycles have brought renewed attention to Litecoin from both technical traders and long-term investors. ETHNews analysts report that LTC has broken out of a major descending resistance line, and bulls are now eyeing a short-term price target of $97.10.
Meanwhile, sentiment within the mining ecosystem appears increasingly bullish. According to ETHNews, Litecoin miners have entered an accumulation phase, suggesting confidence in future price appreciation and longer-term network stability.
Speculation around a possible Litecoin ETF has also started to gain ground again. While still unofficial, this has reignited conversations about Litecoin’s positioning as a “digital silver” asset — especially as spot ETFs for Bitcoin, Ethereum, and even Solana gain traction.
LTC continues to be one of the most widely accepted coins for real-world payments, which further supports its case for mainstream financial products.
In addition, despite falling short of market-wide performance this year, Litecoin is outperforming peers in the smart contract platform category this week, with a stronger relative price recovery.
Its integration on major centralized exchanges like Binance, Coinbase, and OKX keeps liquidity high and investor access broad. As of now, the price appears to be in a consolidation zone just below resistance. A successful move above $89–$90 could push LTC into its next leg toward $100+ in Q3.
