Litecoin: How whale activity played a major role in LTC’s rise

• Key indicators pointed to continued bullish momentum, with the market worth of $128.01 reflecting a good valuation.
• The technical backdrop aligned with latest whale exercise, reinforcing Litecoin’s potential for additional worth appreciation.

Litecoin [LTC] has showcased spectacular efficiency, surging to $128.02 with a 4.18% acquire in 24 hours.

Whale exercise at $113.4 considerably influenced this upward development, supported by a 24-hour buying and selling quantity of $1.06 billion.

Key indicators level to continued bullish momentum, with the mark worth at $128.01 reflecting a good valuation.

Technical stability fuels progress

LTC’s worth chart revealed a constant upward trajectory, underpinned by sturdy technical indicators that affirm a secure and bullish market.

The Shifting Common (MA) and Exponential Shifting Common (EMA) confirmed a easy upward development, whereas Bollinger Bands confirmed managed volatility, supporting the sustained worth enhance.

Additionally, the RSI, sitting at 57.04 at press time, indicated impartial momentum, suggesting that the asset was not overbought or oversold, leaving room for additional progress.

Supply: TradingView

The MACD revealed a constructive divergence, reflecting rising shopping for strain and powerful bullish momentum. Buying and selling volumes have remained sturdy, demonstrating sustained market curiosity and liquidity.

The technical backdrop aligned with latest whale exercise, reinforcing Litecoin’s potential for additional worth appreciation. With clear resistance close to $130-$135 and powerful assist round $120.

Volatility sparks alternatives

Litecoin’s 30-day annualized volatility of 83.19% highlighted its dynamic nature. Patterns from developments suggests that top volatility has typically preceded important worth shifts, such because the December 2024 spike.

Supply: IntoTheBlock

These fluctuations create alternatives for merchants, although additionally they underline inherent dangers. Thus, constant steadiness between market stability and volatility helps optimism for long-term buyers.

The All-Time Highs/Lows chart mirrored a secure market, with 0.36% of addresses at all-time highs and 0.52% at lows. A complete of 29.33K addresses reached highs, whereas 42.3K hit lows, signaling balanced participation.

Supply: IntoTheBlock

The regular exercise indicated that the market was neither overly exuberant nor excessively bearish, making a wholesome atmosphere for LTC’s progress.

Whales anchor Litecoin’s progress

Whale exercise remained pivotal in LTC’s market dynamics, driving important actions whereas sustaining worth stability.

Their affect at $113.4 has been essential, fostering liquidity and supporting upward momentum.

Learn Litecoin’s [LTC] Worth Prediction 2025–2026

The sustained presence of whales indicators a constructive outlook, offered exterior situations stay supportive.

Lastly, Litecoin’s sturdy worth motion, balanced market sentiment, and whale affect paint a promising image.