NOIDA (CoinChapter.com)—Litecoin (LTC) price has comparatively held agency amid unstable market circumstances, buying and selling between $100 and $134 since Dec. 2024. Through the current market flash crash, the token plunged over 27% from March 3’s excessive of $130 to achieve $94 on March 4. Nonetheless, LTC costs are recovering, pushed by hypothesis surrounding its potential inclusion in Trump’s Crypto Strategic Reserve and the rising chance of an LTC ETF approval.
LTC price at present trades round $104, with the 100-day EMA (blue) at $110 appearing as dynamic resistance. A rejection right here may reinforce the downtrend, pushing LTC towards its subsequent main help close to $95, the place the 0.382 Fibonacci retracement stage aligns with robust historic demand.
The token has been shifting inside an ascending channel since Dec. 2024. and is at present testing the sample’s help trendline. A rebound from right here would deliver Litecoin price near the resistance close to $114.
A reclaim of $114, the 0.618 Fib retracement stage, would invalidate the short-term bearish outlook and set up a transfer towards $126, the 0.786 retracement stage. Bulls have to push LTC above this zone to substantiate renewed upside momentum.
The RSI sits at 39.68, signaling that LTC is approaching oversold circumstances however lacks bullish momentum. A breakdown under $95 may open the door for a retest of $83, aligning with the 0.236 Fibonacci stage.
Whereas Bitcoin and Ethereum have dominated mainstream narratives, Litecoin has quietly gained momentum, fueled by rising mentions in political and monetary circles. Market pleasure has been amplified by posts mentioning glorious LTC ETF approval possibilities, or highlighting that rumors of a Litecoin ETF are pushing LTC costs larger.
Litecoin’s Case for Trump’s Crypto Reserve
With Trump formally confirming a Crypto Strategic Reserve that features XRP, Solana (SOL), and Cardano (ADA), hypothesis has swirled over whether or not extra belongings—akin to Litecoin— might be added. The token has historic and structural benefits that make it a logical contender.
Created by U.S.-based developer Charlie Lee, Litecoin carries the kind of “America First” narrative Trump has repeatedly championed. It is usually absolutely decentralized, a attribute that aligns with Bitcoin, which has traditionally been considered as a digital different to gold.
One other argument for Litecoin’s inclusion is its longevity and reliability. Launched in 2011, it has survived a number of market cycles and stays a widely known cost cryptocurrency. In contrast to Solana, which has confronted community reliability points, Litecoin has been comparatively extra constant in delivering quick and low-cost transactions.
Litecoin lobbyists may use this to argue that the token is a beneficial addition to the reserve, providing diversification past the good contract-heavy belongings that Trump’s workforce has to this point endorsed.
Nonetheless, a number of doubts stay. Regardless of its observe document, Litecoin’s market cap and institutional adoption lag behind Bitcoin and Ethereum. The token additionally lacks a clear-cut geopolitical benefit in comparison with XRP, which has ties to cross-border cost techniques, or Solana, which has positioned itself as a high-speed blockchain for enterprise adoption. Moreover, the reserve’s broader objective stays ambiguous. Is it meant to retailer worth, affect monetary markets, or hedge towards inflation? If Trump’s administration prioritizes affect over utility, Litecoin’s possibilities of inclusion might be slim.
If added to the reserve, Litecoin’s price may see a pointy rally, very similar to Solana and Cardano did after Trump’s March 2 announcement. Nonetheless, if it stays absent from the March 7 White Home Crypto Summit dialogue, market confidence in LTC’s position in U.S. coverage may fade.
Litecoin ETF Hypothesis Heats Up As Bullish Setup Has Merchants Salivating
Alongside hypothesis over its place in Trump’s reserve, Litecoin has been gaining traction as a probable candidate for ETF approval. Analysts at Bloomberg had pegged the approval chance at 90% by year-end, citing Litecoin’s proof-of-work construction, historic market efficiency, and the SEC’s classification of it as a commodity.
Current filings from Canary Capital, together with S-1 and 19b-4 types, recommend the SEC is actively reviewing a Litecoin ETF. The deadline for a closing determination is Oct. 2025, however market analysts imagine Trump’s affect may speed up the method. If the March 7 Crypto Summit sees Trump explicitly naming Litecoin as a part of the reserve, it may stress the SEC to maneuver sooner on ETF approval to align with nationwide coverage.
Nonetheless, the SEC has traditionally taken a cautious stance on crypto ETFs past Bitcoin. Regulatory considerations over market manipulation and liquidity dangers have stalled related ETF functions. If Trump endorses Litecoin, the SEC might face a political and authorized dilemma—both approve the ETF to keep away from contradicting federal coverage or preserve its present trajectory of gradual, measured evaluations.
The March 7 summit may decide whether or not LTC positive factors mainstream institutional legitimacy or stays an outsider within the evolving U.S. crypto panorama.
In the meantime, merchants will doubtless be watching LTC price motion intently, because the token is near breaking out of a bullish technical setup.
Litecoin price has fashioned an ascending triangle, a bullish continuation sample marked by rising lows and a horizontal resistance stage. The setup signifies rising shopping for stress, as every pullback types a better base whereas resistance stays constant. A confirmed breakout may entice extra consumers to the market.
The ascending trendline, which has been constructing help since mid-2022, suggests rising accumulation. Merchants calculate the price goal by taking the peak of the formation and including it to the breakout stage. As such, LTC price may rally over 240% to achieve the theoretical price goal close to $358.
Nonetheless, if the breakout fails, it may set off a reversal, sending LTC towards decrease help zones.