Litecoin is showing remarkable bullish momentum in the fourth quarter. With massive whale accumulation and record-breaking trading volume, LTC emerges as a top contender in the altcoin market. But can this performance sustain in the coming weeks?
Activity from large Litecoin (LTC) addresses reveals an unprecedented accumulation pattern over several quarters. On-chain data shows that wallets holding more than 10,000 LTC have significantly increased their positions in recent weeks. This typical whale behavior often precedes major price movements.
This silent accumulation contrasts with the still cautious retail sentiment. Institutional investors appear to be anticipating a price increase in the coming months, positioning their entries before the broader market reacts. Historically, when whales position themselves, price follows with a lag of a few weeks.
The ratio of large transactions to total volume has also jumped, confirming that the market is currently dominated by major holders. This dynamic reflects a strong conviction from the most capitalized players—a classic bullish signal for the medium term.
Litecoin (LTC) trading volume has recorded significant peaks on major platforms. Daily volumes now exceed the 30-day and 90-day moving averages, confirming growing interest in the asset. This volume increase, coupled with positive price action, reinforces the bullish trend. Exchanges like Binance, Coinbase, and Kraken are noting a significant increase in LTC pairs, both in fiat and crypto, providing enhanced liquidity ideal for institutional investors.
On-chain data reveals consolidation above key support levels, marked by a gradual absorption of supply. Sellers are losing ground against sustained demand, a typically bullish configuration. This market structure, where supply contracts while demand increases, suggests a potential continuation of the upward movement.
Technical indicators confirm this positive momentum: The RSI remains in strength territory and the MACD recently displayed a bullish crossover. The price structure shows ascending highs and lows, and several major resistances have been broken, becoming new solid supports. Finally, the order book highlights an imbalance favoring buyers, signaling an imminent bullish expansion phase for Litecoin.
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