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Key takeaways
The cryptocurrency market has underperformed earlier this week, but the selling pressure has subsided in the past few hours. Litecoin is currently down by 1% in the last 24 hours and is currently trading above $93, down from the $95 weekly high it reached a few hours ago.
Despite the recent price action, the fundamentals for Litecoin remain neutral. The total supply of LTC coins in profit dropped to 57%, creating a heavy selling activity, with investors posting a combination of loss realization and profit-taking in the past few days.
According to the data obtained from Santiment, the distribution comes mainly from investors who purchased the cryptocurrencies over the last two months.
This weakness is also significant across US spot Litecoin exchange-traded funds (ETFs) as they have failed to attract demand.
Data obtained from SoSoValue shows that since the launch of the Litecoin ETFs in October, they have attracted a cumulative net inflow of $7.26 million, according to SoSoValue data. The only spot Litecoin ETF available in the US is Canary’s LTCC.
On the derivatives market, Litecoin’s funding rates flashed negative twice over the last two days. This indicates short traders are gaining momentum in the Litecoin market. Litecoin’s Open Interest (OI) has recovered slightly to 5.57 million LTC but remains far from pre-October 10 leverage-flush levels of 8.80 million LTC.
The LTC/USD daily chart remains bearish and inefficient as the coin has lost 8% of its value in the last seven days. Litecoin dipped to the $90.2 support level on Tuesday but quickly rallied to the $95.4 resistance area. It failed to overcome the $95 resistance area and is now trading above $93.66.
The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are below their neutral levels, indicating that the bears are currently in control of the market.
If the bullish recovery continues, LTC could rally above the $116 efficiency level over the next few hours. However, LTC could drop to the $80 support level if the bulls fail to defend the $90.2 region.
Over the broader crypto market sell-off, Litecoin
LTC
$92.06
24h volatility:
7.2%
Market cap:
$7.04 B
Vol. 24h:
$690.08 M
is once again facing strong selling pressure, correcting 8% in the last 24 hours, and currently testing support at $90. This has completely erased the LTC price gains past $100 last week, amid the launch of the Canary Capital Litecoin ETF. Despite this, market experts are hopeful that Litecoin can see a 10x rally over the next year.
Following a sharp drop off from $130 levels last month in October, LTC price has been oscillating in the $90-$100. Following the launch of the Canary Capital Litecoin ETF last week, the bulls were attempting a breakout past $100. However, the crypto market correction on Nov. 3 once again pushed the price to the $90 support.
Despite this, crypto market analyst Crypto Patel has expressed a bullish outlook on Litecoin (LTC). He suggested that the asset could surge between $500 and $1,000 in the next altcoin cycle.
According to Patel, Litecoin’s current levels below $90 present a strong accumulation opportunity. The market analyst believes that the LTC price is poised for a 10x upside once the altcoin season begins.
Crypto Patel noted that despite LTC not reaching a new all-time high after its third halving, unlike previous cycles, there remains a “real chance” for a breakout within the next year.
$LTC to $500–$1000? Could Explode in the Next Alt Season
Below $90 is a good chance to accumulate. $500–$1000 is possible in the next alt season: 10x isn’t impossible.#Litecoin didn’t hit a new ATH after the 3rd halving, unlike the first two. Still a chance for a new high… pic.twitter.com/ucLTOIsvBR
— Crypto Patel (@CryptoPatel) November 3, 2025
However, looking at the current market action, crypto analyst CryptoWZRD shared a cautious outlook on LTC price move for the near term. He noted that the asset closed indecisively in its latest daily session.
According to the analyst, holding above $101.50 would keep Litecoin in a bullish zone, while a drop below that level could signal further downside. CryptoWZRD emphasized the need to wait for clearer and more stable price action.
LTC Daily Technical Outlook:$LTC closed indecisively. We need to wait for more healthy price action to get a trade opportunity. Holding above $101.50 is bullish territory. Otherwise, it can decline further. We have to wait for a mature chart formation to engage with a trade
pic.twitter.com/UPMfgaEfua
— CRYPTOWZRD (@cryptoWZRD_) November 3, 2025
The launch of Canary Capital Litecoin ETF last week has received a good response with $1.64 million in assets under management (AUM). This shows that the fund currently holds close to 18,000 LTC as of the current price. It happened as the fund scooped 5,000 LTC on the first day of trading, according to data by DiscoverLitecoin.
Degen meme coin Maxi Doge (MAXI) has once again been on investors’ radar recently, raising close to $4 million in the ongoing presale. Some of the key features of dog-themed meme coins include staking rewards and upcoming partnerships focused on perpetuals-based trading. The surge signals rising investor confidence and optimism about the token’s long-term prospects.
Presale highlights:
Investors can purchase MAXI tokens using credit cards, debit cards, or cryptocurrencies. With its fast-growing momentum and sustained investor interest, Maxi Doge is positioning itself as one of the best crypto presales of 2025.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
Major crypto prices saw solid gains after a week of downturns. Bitcoin, Ethereum, Litecoin, XRP, Shiba Inu, and Cardano saw modest gains as the market recovers. The global crypto market capitalization also rose 1% to $3.67 trillion. Bitcoin Leads Market Recovery Despite ETF Outflows The price of Bitcoin went up by more than 1% in
The post Crypto Prices Rise: Why Are BTC, ETH, LTC, XRP, SHIB, and ADA Up Today? appeared first on CoinGape.
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The long-awaited approval of the Hedera ETF and Litecoin ETF has arrived, marking a pivotal moment for both assets.
With trading set to begin on the Nasdaq, investor enthusiasm has driven renewed interest in HBAR and LTC, sending prices higher as markets react to the historic development.
In a surprising turn of events, Canary Capital confirmed that its spot ETFs tracking Hedera and Litecoin will launch tomorrow on the Nasdaq.
The approval comes despite the ongoing US government shutdown, which many assumed would halt all Securities and Exchange Commission (SEC) operations.
However, a recent procedural shift allowed issuers to bypass direct SEC intervention by letting their filings automatically go effective after 20 days.
According to Canary Capital CEO Steven McClurg, both ETFs have met all legal requirements and are ready to trade.
Bloomberg ETF analysts Eleanor Terrett and Eric Balchunas confirmed that the NYSE and Nasdaq have certified the required 8-A filings, the final step before shares can begin trading.
This development follows the model used for previous spot crypto ETFs, including those for Bitcoin and Ethereum, but with an even more dramatic twist, given the timing during a government shutdown.
NEW: @CanaryFunds spot $HBAR and $LTC ETFs are now effective and will begin trading on the NASDAQ tomorrow, according to CEO @stevenmcclurg.
“Litecoin and Hedera are the next two token ETFs to go effective after Ethereum,” McClurg told me in a statement. “We look forward to… https://t.co/tPjsjLEE3R
— Eleanor Terrett (@EleanorTerrett) October 27, 2025
The approval of the Hedera and Litecoin ETFs has energised the crypto market, sparking fresh optimism among investors who view it as another major step toward mainstream adoption.
Hedera’s native token, HBAR, has rebounded strongly, climbing to around $0.21 at press time and reclaiming critical technical levels.
Notably, HBAR’s rise above its 20, 50, 100, and 200 exponential moving averages signals a decisive bullish shift.
At the same time, the Litecoin price is attempting to break through its stubborn $100 resistance level.
LTC price briefly spiked above the $100 mark following the ETF announcement, reflecting heightened investor interest, though it has yet to confirm a full breakout.
Technical indicators, including the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD), suggest that a sustained move above $100 could mark the start of a broader bullish reversal for Litecoin.
Market data also shows a shift in trading behaviour.
Hedera’s open interest has declined from over $500 million earlier this year to roughly $163 million, indicating reduced speculative leverage.
This suggests that HBAR’s latest rally is being driven more by genuine spot demand than by leveraged futures trading — often a sign of healthier market growth.
Beyond the ETF launch, Hedera’s recent institutional partnerships have strengthened its long-term outlook.
The network has been selected to participate in the Reserve Bank of Australia’s Project Acacia, exploring the use of distributed ledger technology (DLT) in tokenised financial markets.
It has also been chosen by the Bank of England for its DLT Challenge, further cementing Hedera’s position among credible blockchain platforms with real-world use cases.
Meanwhile, asset management giant T. Rowe Price has filed for an actively managed crypto ETF that may include both HBAR and LTC, signalling rising institutional confidence in these networks.
These developments are viewed as reinforcing the credibility of both assets at a time when regulated exposure through ETFs is gaining traction.
If current momentum holds, Hedera price could test higher resistance zones near $0.25 and even $0.28 in the coming weeks, while Litecoin price may finally break through the $100 ceiling that has capped its rallies for months.
However, analysts maintain that Hedera (HBAR) must stay above $0.21, which has been established as the immediate support, for the bullish momentum to build.
At the same time, Litecoin (LTC) must stay above $99.67 for the $100 to come to effect.