Litecoin (LTC) is demonstrating strong bullish potential as market indicators suggest a possible price surge toward its 2025 peak. The cryptocurrency recently saw $437 million flow into derivatives markets, reflecting heightened trader interest while long positions dominate current market activity.
Technical analysis underscores the positive momentum, with the Relative Strength Index (RSI) reinforcing bullish sentiment and the Aroon Up indicator registering at 100%. Although narrowing gaps in technical gauges signal traders should remain cautious, the overall outlook remains optimistic.
LTC has now reached a critical supply zone accompanied by a 230% surge in spot trading volume, totaling $1.97 billion over 24 hours—providing substantial support for the ongoing rally. Market observers suggest sustained momentum could propel Litecoin beyond the immediate resistance barrier at $141.15 to potentially challenge its December 2024 peak near $147.