#PriceTrendAnalysis

As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.60, reflecting a decrease of $7.83 (or 5.74%) from the previous close.

Recent technical analysis indicates that Litecoin has formed a bullish ascending triangle pattern, suggesting potential for further upward movement. The Relative Strength Index (RSI) is currently at 60, indicating a strong upward momentum that is not yet overbought. Key resistance levels to monitor are at $135, with support around $120.

On-chain metrics reveal that approximately 72% of Litecoin holders are currently profitable, reflecting strong holder confidence.

The recent filing for a Litecoin ETF has also contributed to positive market sentiment, potentially influencing future price movements.