📊 Litecoin (LTC) Market Overview – May 1, 2025

Current Price (USD): ~$88.96

24-Hour Change: +6.86%

Today's Range: $82.99 – $89.61

24-Hour Trading Volume: Approximately $1.2 billion

Market Cap: ~$6.5 billion

Circulating Supply: ~73 million LTC

All-Time High: $412.96 USD (May 10, 2021)

🧭 Key Factors Influencing LTC

ETF Prospects: The probability of a Litecoin ETF approval has risen to 90%, which could enhance institutional investment and market exposure.

Technical Indicators: Litecoin has recently broken through a descending resistance trend line, indicating potential upward momentum.

Market Sentiment: Litecoin's price has experienced a significant increase of approximately 6.86% over the past 24 hours, reflecting heightened investor interest and trading activity.

🔮 LTC Price Predictions

Short-term (May 2025): Analysts forecast LTC trading between $100 and $120, contingent on market dynamics.

Mid-term (2025): Projections suggest LTC could reach up to $275 by year-end, driven by increased adoption and technological advancements.

Long-term (2030 and beyond): Speculative forecasts estimate LTC's price could range between $500 and $1,000 by 2030, influenced by widespread institutional adoption and its role in powering decentralized applications.

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