NEAR Protocol News

Litecoin (LTC) ripped as much as 11% to $129-$131, outpacing Bitcoin and Ethereum during a market pullback as fresh spot ETF momentum stoked bids. Trading volume exploded 143% to $1.66B, while futures open interest jumped 25% to $1.21B, signaling new leverage and renewed directional conviction. Related Reading: A Hidden Pattern On Dogecoin's Chart Could Change Everything: Analyst The catalyst is linked to the growing confidence that a U.S.-listed spot Litecoin ETF could be near the finish line. Canary Capital's updated S-1 now includes ticker LTCC and a 0.95% fee, the kind of last-mile filing detail ETF watchers say typically appears "before go-time." With Grayscale and CoinShares also in the hunt, analysts argue LTC's commodity-like profile and long proof-of-work history make it one of the cleaner alt candidates for regulated fund access once the SEC resumes normal operations. Litecoin Technical setup: $130 reclaim tees up $135-$138 On the charts, Litecoin blasted through the $127.45 swing high and reclaimed stacked moving averages (7- and 30-day SMAs), turning the multi-month range from ceiling to potential floor. RSI (68) shows strong momentum without a blow-off, and MACD remains firmly positive. Immediate resistance sits at $130-$131; a daily close above opens a path to $134-$135, then $138 and $150. Should FOMO follow an ETF headline, bulls point to a broader vacuum up to the $150-$160 zone, Litecoin's highest region since early 2022. On higher time frames, some technicians note a breakout from a year-long diagonal that, if confirmed, preserves a stretch target toward $275 over the coming months; that scenario likely requires sustained ETF-driven inflows. LTC's price trends to the upside on the daily chart. Source: LTCUSD on Tradingview LTC Levels That Matter, And What Could Invalidate For momentum traders, the line in the sand is $125: lose it decisively and swift profit-taking could drag LTC back into $122-$125 support, with $115-$118 as a deeper retest. Hold above $125 and reclaim $130 with volume, and bulls keep control into $135-$138. Macro remains a swing factor; government shutdown timing, SEC throughput, and broader crypto risk appetite can still inject volatility. Related Reading: Analyst Predicts 60% Bitcoin Flash Crash Below $50,000 As long as $125 holds and $130 flips to support, the $135-$138 breakout looks within reach, while a green light for LTCC could be the spark that extends the move toward $150-$160 next. For searchers tracking the Litecoin price, keep your eyes on $130: it's the path to the next leg. Cover image from ChatGPT, LTCUSD chart from Tradingview