Legendary Trader Delivers Expert Litecoin (LTC) Price Outlook

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1 month ago

Peter Brandt, a name that carries serious weight in trading circles, has turned his attention to Litecoin (LTC). Known for his expertise in classical charting for over 40 years, Brandt sees a short-term swing trade opportunity forming with this altcoin's price movements. 


The expert trader still stands by his long-term view that Bitcoin is the undisputed leader in the crypto space, but right now, LTC is doing something worth watching.



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So, Brandt's analysis, built around moving averages, points to a potential trading range for Litecoin. According to the chart attached by the trader, LTC has been trading in a wide range since last December, with an average of $114.98 per coin. 


Actually an interesting chart case can be made for a swing trade in $LTC. But long term there will only be one standing https://t.co/h0pX7bK1T5 pic.twitter.com/PI6QuHK7Hd

— Peter Brandt (@PeterLBrandt) February 26, 2025

Litecoin has been around for over a decade, earning it the nickname of “dino coin," but unlike many older cryptos that disappeared, LTC has held onto a sense of legitimacy. 


Digital silver: Is Litecoin next big trade?


It is commonly referred to as digital silver, a label that sets it apart from the meme coins that pop up and disappear overnight. Thus, it may not be the trendiest asset, but it still has a solid foundation on the market.


And yet, despite its age, Litecoin is still capable of surprises, such as a 25% price jump in just two days, from $106 to $130. Not exactly what you would expect from a coin many traders overlook. Yet here it is, among the top-performing assets of the past week, reminding the market that it still has life left in it.



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Wed, 02/26/2025 - 14:44 Litecoin Skyrockets 20% as 'Crypto Silver' Now Top Performer on ETF Hype
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Then there is the ETF narrative. The SEC, after years of law enforcement, has started opening the door for crypto exchange-traded funds. Experts put the odds of a Litecoin ETF approval at 80%. 


If that materializes, LTC could follow in Bitcoin’s footsteps, attracting institutional investors who favor time-tested assets over high-risk speculation. Slow-moving, but powerful - capital that could cement Litecoin’s place on the market for the long run.



Related
Wed, 02/26/2025 - 09:43 Litecoin (LTC) Leads Altcoin Recovery as Price Jumps 5%, What's Next?
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Bitcoin remains king, but Litecoin is not going anywhere. Between short-term trade setups, strong fundamentals and ETF speculation, there is more to this so-called “dino coin” than meets the eye.


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