Litecoin Recovers $100 Level Amid Market Rebound

Litecoin (LTC) investors witnessed a long-awaited price movement as the cryptocurrency surpassed the $100 psychological level for the first time since October. At the time of writing, LTC was trading at $109, coinciding with Bitcoin’s (BTC) rise to $105,700, a 4% increase within 24 hours. Analysts suggest these developments may indicate a recovery in overall market sentiment.

Data from Santiment reveals a 6% increase in wallets holding over 100,000 LTC within the last three months, signaling potential accumulation by large investors. Litecoin’s on-chain transaction volume also reached an all-time high of $15.1 billion daily. This surge in whale interest and on-chain activity supports potential upside for Litecoin’s price.

However, not all indicators are positive. According to chain data, the 180-day MVRV ratio turning positive suggests a potential for profit-taking by investors in the short term. The Mean Coin Age also declined significantly at the end of October, indicating increased movement of assets and possible panic selling by some investors.

Litecoin’s network development activity has been near zero since the first week of September. This suggests a lack of activity on the technical front, indicating that price movement might be driven by market psychology rather than strong underlying growth.

Volume Profile data for 2025 indicates key price levels for Litecoin. The Value Area Low (VAL) is at $94.90, the Value Area High (VAH) at $131.85, and the Point of Control (POC) at $118.20. These levels are critical support and resistance points for investors to monitor, with particular attention being drawn to the strong resistance zone between $118 and $132.

This Litecoin rally is mirrored in other altcoins, with Ethereum (ETH) holding above $3,612.82 despite weekly ETF outflows, and XRP testing the $0.73 resistance level. Overall, the market appears to be recovering from the slowdown experienced in October. However, analysts emphasize that Bitcoin’s sustained presence above $105,000 will be crucial for the broader market.

In summary, Litecoin’s move above $100 signals a short-term bounce; however, on-chain data suggests this rally lacks strong fundamentals. Profit realization and limited development activity raise the risk of a return to the $94–$95 range. While Litecoin remains a potentially reliable option for long-term investors, caution is advised for short-term traders.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.