LTC under $90: Buying opportunity or warning sign?
Key takeaways:
LTC’s spot cumulative volume delta flipped positive for the first time since December 2024, signaling a positive shift in market sentiment.
A potential LTC ETF could trigger institutional investor demand and align with its historically strong Q4 performance.
Litecoin (LTC) has slipped below the $90 mark, and while the price action may appear weak, several fundamental and onchain indicators suggest the tide could soon turn in favor of the bulls.
One bullish trend shift can be identified from the 90-day Spot Cumulative Volume Delta (CVD), which gauges the balance between market buy and sell pressure. After remaining negative and at times neutral since December 2024, the Spot CVD flipped positive on June 28. This shift signals a return to a “taker buy dominant” phase, suggesting that market participants are stepping in to buy LTC at current prices.
The positive sentiment around a potential LTC exchange-traded fund (ETF) could be fueling the bullish case. Cointelegraph reported that Bloomberg’s ETF analysts believe there’s a 95% chance that an LTC ETF, alongside SOL and XRP ETFs, could receive SEC approval by Oct. 2, 2025. A successful approval would be a historic milestone for the altcoin, possibly unlocking institutional investors and broader retail exposure.
However, seasonality might dampen short-term expectations. Data shows that August and September are historically the weakest months for LTC, posting negative returns of 6.99% and 5.06% on average since 2012. However, this is typically followed by a significant turnaround in the Q4, with November being the best-performing month historically for LTC with 94.79% returns on average.
LTC Seasonality chart. Source: X
If approval is granted, the ETF decision coincides with the seasonal pivot in LTC’s performance, setting the stage for a potential rally. Combined with the ongoing shift in onchain buyer behavior, current price weakness may be less of a warning sign and more of a strategic accumulation zone.
Related: SOL ETF news gain evaporates, while chart warns of another 20% drop
LTC daily chart echoes of 2024 Setup
LTC’s current price structure is mirroring its 2024 trajectory. After a strong Q1 rally earlier this year, LTC entered a correction phase and remained suppressed below a descending trendline throughout Q2.
The price has retested a high-conviction daily demand zone (highlighted in orange), which previously acted as a base for a breakout in Q4 2024.
A steady accumulation within this demand zone could trigger another rally. In late Q3 last year, LTC broke above the descending trendline and reclaimed the 50-day and 200-day moving averages, a key confirmation of bullish strength. This led to a sustained rally to new yearly highs in Q4.
A breakout above the trendline and bullish reclaim of these moving averages would provide strong technical validation for upside continuation heading into Q4 2025.
Related: Bitcoin squeezes shorts in $108K spike as US jobs drop most in 2 years
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Crypto should be about freeing people, not esoteric tech — Vitalik Buterin
Ethereum co-founder Vitalik Buterin delivered a keynote speech at EthCC on Wednesday, asking blockchain developers to focus on freeing humanity through their inventions rather than building more technically advanced tools.
Buterin compared the individual liberty ethos of the early internet in the 1990s to the current ethos in blockchain, noting that the free and open internet championed by early digital rights advocate John Perry Barlow was lost in the Web2 era.
The Ethereum co-founder characterized Web2 as a collection of "walled gardens," warning the audience that many of the Web2 founders, which have since become known for censorship policies, framed themselves as freedom advocates in the early days. Buterin cautioned Web3 founders not to fall into the same trap:
"People who are working on cryptography really need to more actively think of cryptography as something that has social and moral implications and something where you actually have to actively think about what the social and moral implications of the thing that you're building are."
He continued by telling the audience, "If you are building something, the first question to ask is: Are you making your users free?"
Vitalik Buterin addresses the audience at ETHCC. Source: EthCC
Freedom and individual liberty are hallmarks of the cypherpunk movement that underpinned crypto in its earliest days, but as the industry matures and courts state officials, international corporations and banks, many fear that the early cypherpunk ethos is giving way to institutional inertia.
“Suitcoiners” vs anti-establishment software developers
The cypherpunk movement, which is composed of software developers who believe in protecting privacy and individual liberty through end-to-end encryption, began in the 1980s.
Early cypherpunks were instrumental in popularizing digital encryption at a time when the US National Security Agency (NSA) wanted to introduce restrictions on the use and export of encryption technologies in the 1990s.
During the early days of crypto, from 2009 until around 2021, Cypherpunk ideals like privacy, censorship resistance, parallel systems building and libertarian political theory were synonymous with the industry.
However, the growth of the crypto sector and the rapid price appreciation of digital assets at its foundation continue to attract institutional interest from businesses and the government.
These institutional actors, dubbed "suitcoiners" by many Bitcoin and crypto advocates have become a bifurcating line that has split the crypto community into those focused on growth and those who want to preserve the early anti-establishment ethos that started it all.
Magazine: Bitcoin’s invisible tug-of-war between suits and cypherpunks
Crypto should be about freeing people, not esoteric tech — Vitalik Buterin
Ethereum co-founder Vitalik Buterin delivered a keynote speech at EthCC on Wednesday, asking blockchain developers to focus on freeing humanity through their inventions rather than building more technically advanced tools.
Buterin compared the individual liberty ethos of the early internet in the 1990s to the current ethos in blockchain, noting that the free and open internet championed by early digital rights advocate John Perry Barlow was lost in the Web2 era.
The Ethereum co-founder characterized Web2 as a collection of "walled gardens," warning the audience that many of the Web2 founders, which have since become known for censorship policies, framed themselves as freedom advocates in the early days. Buterin cautioned Web3 founders not to fall into the same trap:
"People who are working on cryptography really need to more actively think of cryptography as something that has social and moral implications and something where you actually have to actively think about what the social and moral implications of the thing that you're building are."
He continued by telling the audience, "If you are building something, the first question to ask is: Are you making your users free?"
Vitalik Buterin addresses the audience at ETHCC. Source: EthCC
Freedom and individual liberty are hallmarks of the cypherpunk movement that underpinned crypto in its earliest days, but as the industry matures and courts state officials, international corporations and banks, many fear that the early cypherpunk ethos is giving way to institutional inertia.
“Suitcoiners” vs anti-establishment software developers
The cypherpunk movement, which is composed of software developers who believe in protecting privacy and individual liberty through end-to-end encryption, began in the 1980s.
Early cypherpunks were instrumental in popularizing digital encryption at a time when the US National Security Agency (NSA) wanted to introduce restrictions on the use and export of encryption technologies in the 1990s.
During the early days of crypto, from 2009 until around 2021, Cypherpunk ideals like privacy, censorship resistance, parallel systems building and libertarian political theory were synonymous with the industry.
However, the growth of the crypto sector and the rapid price appreciation of digital assets at its foundation continue to attract institutional interest from businesses and the government.
These institutional actors, dubbed "suitcoiners" by many Bitcoin and crypto advocates have become a bifurcating line that has split the crypto community into those focused on growth and those who want to preserve the early anti-establishment ethos that started it all.
Magazine: Bitcoin’s invisible tug-of-war between suits and cypherpunks