Litecoin ($LTC) Crypto Forecast: Down 5.1% Today

What is Litecoin?

Asset Litecoin (LTC) is a popular cryptocurrency known for its fast transaction speeds and low fees. It is often referred to as the silver to Bitcoin's gold in the crypto world.

Why is Litecoin going down?

LTC crypto is down 5.1% on Aug 19, 2025 19:06

• The bearish movement in LTC today could be attributed to profit-taking by traders after a recent bullish run.
• The negative sentiment around disappointing earnings report may have spilled over to impact other cryptocurrencies like Litecoin.
• Despite the bearish movement, the positive technical outlook for LTC targeting $170 indicates underlying strength in the asset.
• The expansion of Thumzup into Dogecoin and Litecoin mining may have long-term positive implications for LTC's ecosystem, despite the short-term market movement.

LTC Price Chart

LTC Technical Analysis

LTC News

Trump Jr.-Linked Thumzup Expands Into Dogecoin, Litecoin Mining With Dogehash Deal

Dogehash operates about 2,500 Scrypt ASIC miners, with major North American expansion planned through 2026. The merger follows Thumzup's $50 million stock offering for infrastructure expansion, asset accumulation, and treasury diversification.

https://www.benzinga.com/crypto/cryptocurrency/25/08/47214900/trump-jr-linked-thumzup-expands-into-dogecoin-litecoin-mining-with-dogehash-deal

Canary CEO Predicts Bitcoin Will Hit $150K This Year-But Ethereum Surge Won't Last

ETF inflows and institutional demand are driving Bitcoin's rise, Canary Capital CEO Steven McClurg said-but he's bearish on Ethereum.

https://decrypt.co/335557/canary-capital-ceo-predicts-bitcoin-150k-year-ethereum-surge-wont-last

BIT Mining Stock Sinks 8% After-Hours After Company Reports Deeper-Than-Expected Loss

BIT Mining Ltd. BTCM stock plunged 8% in Thursday's after-hours trading after the cryptocurrency mining company's half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here.

https://www.benzinga.com/crypto/cryptocurrency/25/08/47147621/bit-mining-stock-sinks-8-after-hours-after-company-reports-deeper-than-expected-loss

Litecoin Price Forecast: LTC breaks above bullish technical pattern, targets $170 mark

Litecoin (LTC) price is showing renewed bullish strength after breaking out of an ascending channel pattern, trading above $133 at the time of writing on Wednesday.

https://www.fxstreet.com/cryptocurrencies/news/litecoin-price-forecast-ltc-breaks-above-bullish-technical-pattern-targets-170-mark-202508130547

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Litecoin Price History

05.07.2025 - LTC Crypto was up 8.1%

• Litecoin (LTC) surged to a five-month high, outperforming Bitcoin and Dogecoin, driven by growing optimism around the approval of its spot exchange-traded fund (ETF).
• The likelihood of LTC's spot ETF approval sparked investor interest and contributed to the bullish momentum in the cryptocurrency market.
• The completion of Virtune AB's monthly rebalancing for its Crypto Altcoin Index ETP may have also influenced market sentiment, indirectly benefiting Litecoin's price surge.
• As speculation and anticipation regarding regulatory decisions continue to impact the cryptocurrency space, LTC's bullish movement reflects investors' positive outlook on its future prospects.

15.07.2025 - LTC Crypto was down 6.1%

• LTC experienced a strong bearish movement today, possibly influenced by profit-taking after a recent bullish breakout.
• The disappointing earnings report from a mining company may have had a spillover effect on the broader cryptocurrency market sentiment, contributing to LTC's decline.
• Despite the bearish movement, LTC's technical breakout above the ascending channel pattern earlier indicated bullish momentum, suggesting potential for a rebound in the future.
• Traders should continue to monitor market developments and news surrounding both LTC-specific factors and broader industry trends to make informed trading decisions.

22.06.2025 - LTC Crypto was down 5.2%

• The announcement of MEI Pharma adopting Litecoin as a treasury reserve asset could have initially boosted LTC's price, but profit-taking and market sentiment may have led to the subsequent bearish movement.
• The unveiling of a dedicated strategic treasury by MEI Pharma on the NASDAQ could have created initial excitement, but as the news settled, traders might have decided to take profits, causing a bearish trend.
• The overall positive sentiment towards Litecoin as a treasury asset could have been overshadowed by broader market factors or profit-taking by traders, leading to the bearish movement observed today.

23.06.2025 - LTC Crypto was down 5.7%

• A recent announcement of MEI Pharma closing a $100 million private placement to initiate a Litecoin treasury strategy could have led to profit-taking by investors, causing a bearish movement in LTC.
• The addition of Charlie Lee, the founder of Litecoin, to MEI Pharma's board of directors might have raised concerns or uncertainties among investors, impacting LTC's price negatively.
• The overall positive sentiment towards Litecoin, including a price forecast of LTC reclaiming $100 and institutional demand increasing, suggests that today's bearish movement might be a temporary correction rather than a long-term trend.
• The news about a Dogecoin cloud mining platform launching a mobile mining app for DOGE might have diverted some attention and investment away from Litecoin, contributing to the bearish movement in LTC today.

23.06.2025 - LTC Crypto was down 5.0%

• An organization made a noteworthy investment in Litecoin, becoming the first publicly traded LTC holder on a national exchange. This event likely influenced LTC's price initially but ultimately led to profit-taking, resulting in the bearish movement.
• A company's new approach to Litecoin mining, offering high daily earnings without traditional miners, may have raised concerns about increased supply or reduced scarcity of LTC, impacting its value negatively.
• Despite a company unveiling a $100 million treasury strategy involving LTC, the market might have responded bearishly due to profit-taking following a recent price surge as institutional demand for LTC rises.
• The introduction of a Dogecoin cloud mining app, although unrelated to LTC, possibly diverted some attention and investment away from Litecoin, contributing to its bearish movement.

11.07.2025 - LTC Crypto was up 5.0%

• The rise in Litecoin's price is linked to MEI Pharma's choice to include Litecoin in their treasury assets, highlighting the expanding adoption and functionality of the cryptocurrency.
• Anticipation surrounding the approval of a spot exchange-traded fund (ETF) for Litecoin has also played a role in fostering a favorable outlook and upsurge in price.
• In general, Litecoin's performance today indicates a blend of heightened institutional interest, positive market sentiment, and increased usability across different platforms, factors that are propelling its value upward in the cryptocurrency market.

19.07.2025 - LTC Crypto was down 5.1%

• The bearish movement in LTC today could be attributed to profit-taking by traders after a recent bullish run.
• The negative sentiment around disappointing earnings report may have spilled over to impact other cryptocurrencies like Litecoin.
• Despite the bearish movement, the positive technical outlook for LTC targeting $170 indicates underlying strength in the asset.
• The expansion of Thumzup into Dogecoin and Litecoin mining may have long-term positive implications for LTC's ecosystem, despite the short-term market movement.

04.07.2025 - LTC Crypto was up 5.5%

• The bullish movement in LTC could be attributed to the positive sentiment in the overall cryptocurrency market, driven by increased institutional adoption and regulatory clarity.
• Completion of the monthly rebalancing of a Crypto Altcoin Index ETP may have also contributed to the bullish sentiment, potentially attracting more investors to altcoins like LTC.
• Investors may view LTC as a promising investment opportunity amidst the ongoing market developments, leading to increased buying pressure and driving the price higher.
• Overall, the combination of favorable market conditions and specific index rebalancing could have propelled LTC to experience a strong bullish movement today.

14.07.2025 - LTC Crypto was down 6.7%

• Despite a positive technical pattern and a price target of $170, LTC faced a significant bearish movement.
• The difference between the optimistic prediction and the actual market performance could be due to profit-taking by investors cashing out following a recent price surge.
• Market sentiment and external factors, such as regulations or market conditions, might have also influenced LTC's downward trend.
• It's essential for traders to consider technical analysis and market trends to make informed decisions in the unpredictable cryptocurrency market.

18.07.2025 - LTC Crypto was down 5.0%

• LTC previously broke above a bullish technical pattern and was approaching the $170 level, showing positive momentum.
• The recent bearish movement may be linked to profit-taking by traders following the earlier uptrend.
• Differing opinions on Bitcoin's potential rise and Ethereum's future prospects may have created uncertainty in the broader cryptocurrency market, prompting some investors to move away from altcoins like Litecoin.
• BIT Mining's unsatisfactory financial results and subsequent stock price decline likely added to the negative sentiment in the cryptocurrency sector, impacting Litecoin's value adversely.

28.06.2025 - LTC Crypto was down 5.5%

• A deal to fund a $100M LTC treasury and having Charlie Lee, the founder of Litecoin, join the board of directors of MEI Pharma could have initially sparked positive sentiment in the market.
• The bearish movement in LTC today could be attributed to profit-taking by traders who may have bought into the hype surrounding the news, leading to a temporary price decline.
• It's essential for investors to consider not only positive developments but also market reactions and potential profit-taking behaviors that can impact asset prices in the short term.

06.07.2025 - LTC Crypto was down 5.0%

• Despite the broader cryptocurrency market rally, Litecoin (LTC) faced a bearish trend, diverging from the positive momentum of other tokens like MemeCore and Mantle.
• A recent decision by MEI Pharma to choose Litecoin as a treasury asset showcased its increasing utility and integration across different platforms but did not seem to impact LTC's price movement today.
• The price surge in Litecoin, reaching a five-month high, was primarily linked to ETF optimism and MEI Pharma's $100M treasury investment, indicating robust fundamental factors at play.
• Speculation surrounding Litecoin's spot ETF approval and its outperformance in comparison to Bitcoin and Dogecoin may have contributed to the recent price rally, despite today's bearish movement.