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Litecoin ($LTC) Crypto Forecast: Down 5.2% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Litecoin?

Litecoin (LTC) is a popular cryptocurrency known for its fast transaction speeds and low fees. The overall cryptocurrency market has been volatile recently, with investors closely monitoring regulatory developments and market trends.

Why is Litecoin going down?

LTC crypto is down 5.2% on Jun 12, 2025 15:46

  • The bearish movement in LTC today can be attributed to the struggle to break above a key resistance level, indicating weakness in the price action and favoring bearish sentiment.
  • Despite the positive news of PFMcrypto launching LTC cloud mining and a surge in daily subscription volume, the overall market conditions and failure to overcome resistance levels have weighed down on LTC's performance.
  • The postponement of altcoin ETF approvals by the SEC, excluding Litecoin from the decision, may have initially been seen as a positive signal for LTC. However, the broader market dynamics and technical factors seem to have influenced the bearish trend in Litecoin today.

LTC Price Chart

LTC Technical Analysis

LTC News

Litecoin Price Forecast: LTC struggles below resistance, bearish bets hit monthly high

Litecoin (LTC) is showing signs of weakness on Thursday as it fails to break above its key resistance level. The price action emerges as a classic dead-cat bounce pattern, which favors bears.

https://www.fxstreet.com/cryptocurrencies/news/litecoin-price-forecast-ltc-struggles-below-resistance-bearish-bets-hit-monthly-high-202506120330

0 News Article Image Litecoin Price Forecast: LTC struggles below resistance, bearish bets hit monthly high

Litecoin Rose Against the Trend. PFMcrypto Launches LTC Cloud Mining, Daily Subscription Volume Surges 300%

LOS ANGELES, June 11, 2025 ( GLOBE NEWSWIRE ) -- On May 31, the SEC announced the postponement of the approval of other altcoin ETFs such as Solana and XRP, but left the Litecoin ETF ruling window alone, which was interpreted by the market as a potential positive signal.

https://www.benzinga.com/pressreleases/25/06/g45882140/litecoin-rose-against-the-trend-pfmcrypto-launches-ltc-cloud-mining-daily-subscription-volume-surg

1 News Article Image Litecoin Rose Against the Trend. PFMcrypto Launches LTC Cloud Mining, Daily Subscription Volume Surges 300%

Litecoin Price History

18.04.2025 - LTC Crypto was up 5.2%

  • The bullish movement in LTC today can be attributed to the successful presale of Unstaked AI, which brought in $6M in record time. This influx of capital and interest in the project likely contributed to the surge in LTC price.
  • Additionally, amidst the recent decline in Solana after a 50% crash, investors may be turning to more established altcoins like Litecoin, which has held strong during this period of market volatility.
  • The news of Litecoin's ETF hopes rising, despite a slight retreat from its peak price, could also be fueling positive sentiment and attracting more investors to the token, further driving up its price.

30.04.2025 - LTC Crypto was down 5.0%

  • The introduction of LitVM, a new Layer-2 chain for Litecoin, aimed at increasing on-chain activity and demand, could have initially sparked optimism in the market. However, the subsequent bearish movement suggests that investors may have had different expectations or concerns about the implementation.
  • The announcement of the first-ever ZK rollup for Litecoin, focusing on scalability and cross-chain functionality, could have brought attention to the coin's potential for growth. Nevertheless, the market movement indicates that external factors may have overshadowed this development.
  • The expansion of US crypto offerings by Etoro to include a dozen new tokens may have diverted some attention and investment away from Litecoin, impacting its market performance negatively.
  • Speculative discussions on potential market rallies and optimal cryptocurrency investments might have led to uncertainty and volatility, causing traders to reevaluate their positions and risk appetite, ultimately contributing to the bearish movement in Litecoin.

30.04.2025 - LTC Crypto was down 6.6%

  • Today's downward trend in LTC could be due to traders taking profits following a recent price increase.
  • The release of LitVM and ZK rollup for Litecoin may have generated initial excitement, but the market response suggests that investors were anticipating more significant advancements.
  • Etoro's expansion of US crypto offerings to include a dozen new tokens may have diverted attention and investments from Litecoin, leading to a decline in its price.
  • Speculation about potential rallies in altcoins such as Litecoin, SHIB, and Unilabs in June 2025 may have set unrealistic expectations, prompting a sell-off in LTC as traders looked for swift profits elsewhere.

18.04.2025 - LTC Crypto was up 5.4%

  • LTC experienced a strong bullish movement today, potentially fueled by positive sentiment and increased interest in the cryptocurrency.
  • The news of Unstaked's successful presale, along with PEPE whale activity, may have contributed to the surge in LTC price as investors sought opportunities in the market.
  • Despite Solana facing a decline, the resilience shown by Lightchain AI and Litecoin could have instilled confidence in LTC investors, leading to the bullish movement.
  • Speculation surrounding Litecoin's potential price increase to $300 by 2025, as mentioned in a report, might have also attracted investors looking for long-term growth opportunities in the cryptocurrency space.

22.04.2025 - LTC Crypto was up 5.6%

  • Success following Unilabs Finance's referral system launch may have positively impacted the cryptocurrency market, including Litecoin.
  • Comments made by Charles Hoskinson regarding Cardano's potential to power DeFi ecosystems, including those for various cryptocurrencies like Litecoin, might have spurred investor interest in LTC.
  • The increase in Litecoin cloud mining users and reported passive income success by ZA Miner could have played a role in the bullish movement of LTC.
  • Analysts predicting Litecoin's price rebounding from key support levels to hit $117.50 likely drew more traders to invest in LTC, further boosting its bullish movement.

22.04.2025 - LTC Crypto was up 5.0%

  • Despite facing resistance and weakening MACD signals, Litecoin demonstrated a strong bullish movement today.
  • The delay in regulatory decisions on Ether staking and XRP ETFs may have caused uncertainty in the market, prompting investors to consider Litecoin as a more stable option.
  • Positive forecasts for a significant Dogecoin price rally may have influenced sentiment towards Litecoin and other cryptocurrencies.
  • Discussions on promising crypto investments in the future, including Litecoin's consistent performance, likely attracted more investors to the token, contributing to its bullish momentum.

05.05.2025 - LTC Crypto was down 5.3%

  • The bearish movement of LTC today could be attributed to the negative price forecast indicating a potential crash in the near future.
  • The launch of a free mobile cloud mining app for Bitcoin, Dogecoin, and Litecoin by BAY Miner may have increased selling pressure on LTC as more users could be mining and selling the token.
  • The offering of stable returns through cloud mining technology by ALL4 Mining could have diverted investor interest away from LTC, impacting its price negatively.
  • The growing popularity of crypto casinos might have shifted investor focus towards alternative investment opportunities, leading to a decrease in demand for Litecoin.

12.05.2025 - LTC Crypto was down 5.2%

  • The bearish movement in LTC today can be attributed to the struggle to break above a key resistance level, indicating weakness in the price action and favoring bearish sentiment.
  • Despite the positive news of PFMcrypto launching LTC cloud mining and a surge in daily subscription volume, the overall market conditions and failure to overcome resistance levels have weighed down on LTC's performance.
  • The postponement of altcoin ETF approvals by the SEC, excluding Litecoin from the decision, may have initially been seen as a positive signal for LTC. However, the broader market dynamics and technical factors seem to have influenced the bearish trend in Litecoin today.

21.04.2025 - LTC Crypto was down 5.2%

  • Litecoin (LTC) experienced a strong bearish movement today, dropping by 6.1%.
  • The struggles at key resistance levels and weakening MACD indicators likely contributed to the bearish sentiment surrounding Litecoin.
  • Analysts predicting a 174% rally for Dogecoin may have shifted investor focus away from Litecoin, impacting its price negatively.
  • The overall uncertainty in the cryptocurrency market, with projections of high returns in other altcoins, may have led traders to reallocate their investments, further pressuring Litecoin's price downwards.

23.04.2025 - LTC Crypto was down 5.0%

  • Despite the overall bullish sentiment in the cryptocurrency market, Litecoin (LTC) experienced a strong bearish movement today.
  • Mentioning Litecoin reclaiming the $90 support level indicates that there was initial positive momentum, but it was not sustained enough to push LTC towards $110.
  • The pause on XRP and Litecoin ETFs by the SEC may have created uncertainty and negative sentiment around Litecoin, leading to the bearish movement.
  • While Litecoin has potential for an upside, the market movement today suggests that there may be some resistance or external factors hindering its price growth.

20.04.2025 - LTC Crypto was down 5.3%

  • Litecoin (LTC) experienced a bearish movement, dropping 6.1% according to market performance data.
  • Whales were seen accumulating Cardano amid the price drop and Litecoin integration, potentially diverting attention and funds away from Litecoin.
  • The bullish sentiment surrounding Cardano, fueled by whale buying and the Litecoin deal, may have shifted investor focus towards Cardano, leading to a bearish trend for Litecoin.
  • The confirmation of the Litecoin partnership by Charles Hoskinson may have further boosted Cardano's price, contributing to the negative movement in Litecoin as investors repositioned their portfolios.

20.04.2025 - LTC Crypto was down 5.8%

  • LTC experienced a bearish movement, dropping by 6.1% recently. This decline could be attributed to profit-taking by traders following a period of price appreciation.
  • The struggle at key resistance levels and weakening MACD indicators could have also contributed to the bearish sentiment surrounding LTC.
  • Whales accumulating Cardano amid a price drop and Litecoin integration may have diverted some investor attention away from LTC, impacting its price negatively.
  • The overall market sentiment, including the anticipation of a potential dip in altcoins for high returns, could have influenced traders to sell off LTC, leading to its bearish movement today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.