Coinspeaker
Nov 1, 2025
9 0

Litecoin Price Approaches $100 Amid LTCC ETF Launch and Market Gains

Litecoin closed October at $99, marking a 3% increase as the U.S. introduced its first Litecoin ETF through Canary's LTCC fund on October 28.

  • Litecoin ETF had net inflows of $719,970 and total assets of $1.64 million by October 31.
  • Comparatively, Solana and Hedera ETFs performed better with higher inflows and net assets.
  • The correlation to Bitcoin seems to have affected demand for LTC ETFs.
  • Bitcoin ETFs experienced $191 million in net outflows, totaling over $1 billion in three days.

Stake.com's Influence on Litecoin Transactions

  • Stake.com processes nearly 16% of daily Litecoin transactions.
  • Average daily on-chain transactions for Litecoin are around 200,000, supported by Stake.com integration.
  • The median transaction fee for Litecoin remains under $0.0005, making it cost-effective for microtransactions.

Litecoin Price Analysis

  • LTC/USD trades below the upper Bollinger Band, with potential support at $95.39.
  • Parabolic SAR indicates bearish sentiment, while RSI shows a shift toward neutral momentum.
  • MACD suggests a potential bullish reversal, aiming to reclaim $100 and resistances at $109.97.
  • A drop below $95 could lead to a retracement towards $89.50.