Litecoin Surges 20% in 48 Hours on ETF Hopes

Litecoin (LTC) has surged by 20% in just 48 hours, reaching a price of $132. This remarkable market performance comes amidst growing optimism surrounding the potential approval of a Litecoin Exchange-Traded Fund (ETF). Bloomberg analysts have assigned a 90% probability for the approval of a Litecoin ETF by October 2025, which has fueled investor confidence in the digital asset.

The recent price movement of Litecoin has caught the attention of prominent traders, including Bybit's Master Trader Bluntz. Bluntz shared bullish predictions with his 315,900 followers on X, noting that LTC's trading pattern suggests strong market confidence, particularly in relation to potential ETF developments. Trading data reveals that Litecoin has maintained a consistent range between $95 and $140 since November 2024, with the current rally testing the upper boundaries of this established pattern.

Market analysis from IntoTheBlock indicates that 73% of Litecoin holders are currently in profit, a metric that historically has preceded major price movements. Previous data shows that LTC reached local peaks when holder profitability approached 84% in December 2024 and 72% in March 2025. Technical indicators, including the Relative Strength Index (RSI), suggest that despite the recent gains, LTC has not yet entered overbought territory, leaving room for potential continued upward movement if market conditions remain favorable.

Veteran trader Peter Brandt, known for his accurate market predictions, expressed optimism about Litecoin's prospects in December when the asset crossed the $100 threshold. Brandt's analysis aligns with current market sentiment, suggesting potential for further price appreciation. The surge in Litecoin's value appears largely driven by growing expectations surrounding the possible approval of a Litecoin Exchange-Traded Fund. Bloomberg analysts James Seyffart and Eric Balchunas have positioned Litecoin as the leading altcoin candidate for ETF approval in 2025.

Chart analysis from experienced traders indicates that $147 represents a crucial resistance level for LTC. Breaking through this price point could pave the way for a push toward $180, a price target that coincides with previous bull market levels from 2021. Trading patterns show a bullish swing failure pattern (SFP) on LTC's