Highlights
- Litecoin price remains range-bound amid market uncertainty, with a potential drop to $70 being cautioned by analysts.
- LTC’s inclusion in Hashdex’s Nasdaq Crypto Index US ETF has not yet boosted its price momentum.
- On-chain data shows an increase in addresses holding Litecoin crypto, indicating ongoing accumulation as investors buy on dips.
The Litecoin price is currently adhering to a multi-year support trendline, with a notable push from this trendline observed in 2024, which propelled the price to $147 by December.
However, since then, uncertainty has gripped Bitcoin and the broader altcoin market, coming from a lack of upward momentum. Despite several attempts in Q1 2025, LTC price has remained range-bound.
In March 2025, The Litecoin price retraced to an important high-volume support block, where it is now consolidating.
If this support holds and buyer interest increases, LTC crypto may aim to retest the resistance above and potentially break through, depending on favorable market conditions.
However, a lack of support from market participants could hinder the LTC crypto’s ability to rebound. The cryptocurrency has already experienced a downward trend, and analysts are cautioning that it could drop to a potential low of $70 as market fluctuations continue.
Despite these challenges, Litecoin remains on the radar of many experts, particularly due to its LTC ETF, which has a 90% approval potential.
This has led to heightened hopes for a price surge. The question remains: can Litecoin make a comeback. Keep reading to know more.
Litecoin Price to Drop to $70 Amid Bearishness, Says Analyst
Litecoin crypto has recently garnered attention following a significant development. As an investment firm Hashdex has amended its Nasdaq Crypto Index US ETF to include LTC crypto.
While this news is promising for the LTC ETF, too. Its addition in Hashdex could clear roadblocks if successfully added.
Despite, optimistic news, it has not translated much into positive momentum for the Litecoin price, which has remained lackluster.
Moreover, this situation has led experts to visit analysis by Ali Martinez, who noted that the Litecoin price is currently moving within a specific channel. Recent data suggests a potential breakdown toward the $70 mark could be possible.
Martinez views this scenario as a precursor to a price decline, and as the anticipated gains from Hashdex news fail to materialize, market sentiment is beginning to wane. His analysis on X has received considerable support, with many agreeing with his outlook.
Similarly, his views strongly highlight $70 as a critical prediction point, underscoring the challenges Litecoin price faces before any upward trend reversal can occur. However, the charts indicate that LTC price is consolidating at an important support block.
If a catalyst for bullish momentum emerges, it could pave the way for a price increase.
Onchain Data Highlights Litecoin Price Potential
While the Litecoin price may not be performing as many had hoped, its on-chain metrics tell a different story.
In March 2025, the total number of addresses holding a balance in LTC crypto has increased, indicating ongoing accumulation as investors appear to be buying on dips.
Also, there has been a significant volume of transactions exceeding $100,000, with a total of $47.64 Billion recorded in the past week. This activity suggests strong interest in Litecoin despite its current price struggles.
Moreover, the time-held composition reveals that 77% of Litecoin holders have maintained their positions for over a year. This demonstrates their belief in the long-term potential of Litecoin price.
Nearly 50.42% of addresses with an LTC balance are currently in profit, while only 34.23% are at a loss. The remaining 15.36% are at breakeven.
Litecoin price is going to fluctuate due to various market factors, therefore, these percentages will shift correspondingly. Overall, the accumulation and transaction activity suggest that there is still confidence in LTC crypto’s future, even amid current price challenges.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Ayesha Malik is a famous sports journalist specializing in cricket and football. She provides in-depth analyses of matches, insights into players, and coverage of important global sports events.