$LTC As of February 21, 2025, Litecoin (LTC) is trading at approximately $134.36, reflecting a 4.15% increase over the past 24 hours.

Over the last five months, LTC has experienced a significant surge of 243%, largely attributed to heightened interest in Litecoin Exchange-Traded Funds (ETFs). Notably, Canary Capital and CoinShares have filed for Litecoin ETFs, with Bloomberg analysts estimating a 90% chance of approval in 2025.

From a technical perspective, the formation of a "Golden Cross"—where the 50-day Exponential Moving Average crosses above the 200-day EMA—suggests potential for continued upward momentum. This pattern last appeared in December 2020, preceding a substantial price increase.

However, the Relative Strength Index (RSI) indicates that LTC is approaching overbought conditions, which could lead to short-term corrections. Analysts suggest that if bullish momentum persists, LTC may target the $185 to $230 range in the coming months.

In summary, Litecoin's recent performance is influenced by ETF developments and favorable technical indicators. While the outlook appears positive, potential investors should consider market volatility and conduct thorough research before making investment decisions.