Litecoin Outperforms Top 100 Cryptocurrencies: Can LTC Hit $150?

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Litecoin (LTC) is presently the best-performing cryptocurrency among the apical 100 projects successful the play charts. The plus has rallied 11.9% successful the regular charts, 30.4% successful the play charts, 11.6% successful the 14-day charts, and 24.8% implicit the erstwhile month. LTC’s terms has besides risen by 79.2% since February 2024.

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ETF Application Pushing Litecoin’s Price

LTC’s latest rally comes amid precocious expectations for a spot ETF approval. According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, LTC has the highest accidental of ETF approval. LTC is followed by Dogecoin (DOGE), Solana (SOL), and Ripple’s XRP token.

Our authoritative alt coin ETF support likelihood are out. Litecoin leads w 90% chance, past Doge, followed by Solana and XRP. We are lone doing for 33 Act $IBIT-esque filings. But def poss to spot futures oregon Cayman-subsidiary benignant 40 Act worldly get done arsenic well. https://t.co/JSaNnifjbu

— Eric Balchunas (@EricBalchunas) February 10, 2025

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The SEC made headlines successful 2024 aft it approved spot Bitcoin (BTC) ETFs successful January of past year. The fiscal watchdog besides approved Ethereum (ETH) ETFs immoderate months later. A Litecoin (LTC) ETF could pb to a important terms spike for the token.

Will The Asset Hit $150 Next?

According to CoinCodex, LTC could emergence to $148.97 connected Feb 21, 2025. Hitting $148.97 from existent terms levels volition entail a rally of astir 14.78%. The level anticipates LTC to proceed rallying implicit the coming months. CoinCodes predicts LTC to deed $213.48 connected May 8, 2025. Hitting $213.48 from existent prices volition construe to a rally of astir 64.48%.

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There is besides a anticipation that Litecoin (LTC) volition look a correction successful the coming weeks. The larger crypto marketplace is inactive struggling. Bitcoin (BTC) is trading astatine the $98,000 terms level. Macroeconomic conditions whitethorn besides pb to a marketplace dip. The Federal Reserve is yet to denote an involvement complaint chopped this year. If the Fed does not rotation retired a complaint chopped soon, the crypto marketplace could suffer.

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