Litecoin (LTC) is climbing amid a generally sluggish cryptocurrency market. Currently priced near 135 USD, experts are optimistic about potential resistance at 140 USD and 170 USD, given the anticipation of a spot LTC ETF.
Industry analysts, such as Eric Balchunas, suggest over an 80% chance for the approval of a spot LTC ETF by 2025, a factor contributing to LTC’s bullish outlook and potential breakout beyond its recent trading range.