{"id":468579,"date":"2025-02-19T21:30:36","date_gmt":"2025-02-19T16:00:36","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=468579"},"modified":"2025-02-24T14:48:25","modified_gmt":"2025-02-24T09:18:25","slug":"litecoin-flips-avax-sui-eyes-80-what-happens-now","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/litecoin-flips-avax-sui-eyes-80-what-happens-now\/","title":{"rendered":"Litecoin flips AVAX, SUI, eyes $80 &#8211; What happens now?"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Litecoin&#8217;s daily 24-hour volume and daily active address soared by 65% and 7.5%, respectively.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Exchanges have seen an outflow of $3.5 million worth of LTC tokens.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In the current market sentiment, <a href=\"https:\/\/ambcrypto.com\/predictions\/litecoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Litecoin [LTC]<\/a> has been making waves with its impressive performance over the past 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The asset has defied the market\u2019s bearish trend and outperformed major assets like <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a> and <a href=\"https:\/\/ambcrypto.com\/predictions\/litecoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Ethereum [ETH]<\/a> as well.<\/span><\/p>\n<h2><b>Litecoin flips AVAX and SUI<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">However, not only has Litecoin outperformed the majority of assets, but with a recent jump of over 8.50% in the past 24 hours, it has also flipped <a href=\"https:\/\/ambcrypto.com\/predictions\/avalanche-2-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Avalanche [AVAX]<\/a> and <a href=\"https:\/\/ambcrypto.com\/predictions\/sui-price-prediction\" target=\"_blank\" rel=\"noopener\">Sui [SUI]<\/a>. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this price surge, LTC had started to trade near $131.50 at press time, gaining massive attention and participation from traders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data showed that trading volume and daily active addresses for the asset have soared by 65% and 7.5%, respectively, in the past 24 hours, according to reports from CoinMarketCap and IntoTheBlock.<\/span><\/p>\n<h2><b>Rising bullish activity by long-term holders\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When examining this data, it appears that bulls were dominating the asset at the time of writing, as reported by the on-chain analytics firm <a href=\"https:\/\/www.coinglass.com\/currencies\/LTC\">Coinglass<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given the bullish price momentum amid the bearish market trend, long-term holders and investors appeared to be accumulating tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Data from spot inflow\/outflow revealed that exchanges have witnessed an outflow of $3.15 million worth of LTC tokens, indicating potential accumulation.<\/span><\/p>\n<figure id=\"attachment_468587\" aria-describedby=\"caption-attachment-468587\" style=\"width: 1725px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284.png\"><img decoding=\"async\" class=\"wp-image-468587 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284.png\" alt=\"LTC Spot Inflow\/Outflow\" width=\"1725\" height=\"495\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284.png 1725w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284-300x86.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284-1024x294.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284-768x220.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284-1536x441.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/image-2025-02-19T125804.284-1200x344.png 1200w\" sizes=\"(max-width: 1725px) 100vw, 1725px\" \/><\/a><figcaption id=\"caption-attachment-468587\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In such market conditions, experts and analysts view this as a bullish sign, as it has the potential to create buying pressure and drive further upside momentum.<\/span><\/p>\n<h2><b>Traders\u2019 over-leveraged positions\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">However, not only have long-term holders and investors been potentially accumulating the token, but intraday traders are also betting on the bullish side.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, data showed that traders were going long are over-leveraged at $129.5, holding $7.60 million worth of open long positions. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, $134 is another key level where short traders were over-leveraged, holding $3.53 million worth of short positions at press time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This on-chain data and the presence of over-leveraged positions indicate that bulls are currently in control and could support LTC in sustaining its upward momentum.<\/span><\/p>\n<h2><b>Price action and upcoming levels<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This rising interest from traders and investors, combined with the impressive price surge, has pushed LTC to a crucial resistance level of $140, which has historically triggered selling pressure and price drops.<\/span><\/p>\n<figure id=\"attachment_468585\" aria-describedby=\"caption-attachment-468585\" style=\"width: 1453px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230.png\"><img decoding=\"async\" class=\"wp-image-468585 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230.png\" alt=\"Litecoin (LTC) price action\" width=\"1453\" height=\"708\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230.png 1453w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230-300x146.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230-1024x499.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230-768x374.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/LTCUSDT_2025-02-19_12-56-22-e1739950040230-1200x585.png 1200w\" sizes=\"(max-width: 1453px) 100vw, 1453px\" \/><\/a><figcaption id=\"caption-attachment-468585\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Besides this resistance, the asset also appeared to be forming a bullish inverted head and shoulders pattern on the daily timeframe, with the same resistance level acting as the neckline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Based on the recent price momentum, if LTC continues this upside movement and breaks the resistance level, closing a daily candle above $140, it could surge by 25% to reach $180 in the coming days.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Litecoin could soar by 25% to reach $180 if it closes a daily candle above the $140 mark.<\/p>\n","protected":false},"author":97,"featured_media":468590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,6377,66,3,4,20],"tags":[6427],"class_list":["post-468579","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-litecoin-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Litecoin flips AVAX, SUI, eyes $80 - What happens now? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Litecoin\u2019s (LTC) impressive surge, flipping AVAX and SUI, highlights strong bullish momentum despite a bearish market.\" \/>\n<meta name=\"robots\" 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