{"id":40563,"date":"2025-08-05T15:46:46","date_gmt":"2025-08-05T15:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40563"},"modified":"2025-08-05T15:46:46","modified_gmt":"2025-08-05T15:46:46","slug":"litecoin-ltc-soars-by-40-monthly-is-there-more-room-for-growth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40563","title":{"rendered":"Litecoin (LTC) Soars by 40% Monthly: Is There More Room for Growth?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">LTC witnessed a substantial price uptick, fueled by MEI Pharma\u2019s $110 million purchase of Litecoin tokens.<\/span><\/li>\n<li>While analysts foresee a rally toward $150 and beyond, technical indicators such as the rising RSI and increased exchange inflows suggest that a possible short-term correction may be in play.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-407359\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>The Next Targets<\/h2>\n<p><span data-preserver-spaces=\"true\">Litecoin (LTC) is among the few leading cryptocurrencies well in the green on a daily scale. Currently, it trades at approximately $124, representing a 41% increase over the past month.<\/span><\/p>\n<figure id=\"attachment_407355\" aria-describedby=\"caption-attachment-407355\" style=\"width: 532px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-407355\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Price.png\" alt=\"LTC Price\" width=\"532\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Price.png 851w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Price-300x226.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Price-768x578.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Price-50x38.png 50w\" sizes=\"auto, (max-width: 532px) 100vw, 532px\"><\/a><figcaption id=\"caption-attachment-407355\" class=\"wp-caption-text\">LTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Its positive performance coincides with the actions of MEI Pharma, which recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.businesswire.com\/news\/home\/20250805082856\/en\/MEI-Pharma-Acquires-Litecoin-Launches-%24100M-Institutional-Treasury-Strategy-with-Charlie-Lee-and-GSR-Advising\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">acquired<\/span><\/a><span data-preserver-spaces=\"true\"> 929,548 LTC at an average price of $107.58, establishing a treasury position valued at over $110 million. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Thus, the pharmaceutical company became the first US-listed public firm to adopt Litecoin as a primary reserve asset. <\/span><span data-preserver-spaces=\"true\">The strategic move was developed<\/span><span data-preserver-spaces=\"true\"> in partnership with GSR and with guidance provided by Charlie Lee (creator of the crypto project).<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cLitecoin has long embodied sound, scalable, and decentralized money. By initiating this strategy, MEI is taking a clear, institutional step forward that recognizes Litecoin\u2019s role as both a reserve asset and an integral part of global financial systems,\u201d Lee stated.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Several analysts have noted the positive price performance of LTC, seeing this as the beginning of a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> rally. X user Crypto Dios <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cryptodioss\/status\/1952634599927918869\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> the cryptocurrency \u201cis showing the same setup we saw before its 5x run in 2020.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Lucky, who has over 2.2 million followers on X, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/LLuciano_BTC\/status\/1952711212740796766\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">forecasted<\/span><\/a><span data-preserver-spaces=\"true\"> a potential spike to almost $150 in the short term, while Rain set a similar target.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Litecoin has been on a strong rise since April.<\/p>\n<p>Now trading above $120 at a critical level. $150 is the nearest target, with big moves likely to come. Volume and momentum pick up<a href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$LTC<\/a> is showing more strength than many altcoins.<\/p>\n<p>Time to return to all time highs is near. <a href=\"https:\/\/t.co\/uPsHWfTLb1\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/uPsHWfTLb1<\/a><\/p>\n<p>\u2014 Rain (@raintures) <a href=\"https:\/\/twitter.com\/raintures\/status\/1952575991412367478?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">Observing Some Indicators<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the aforementioned optimism from the analysts, LTC\u2019s Relative Strength Index (RSI) suggests a pullback might be incoming. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The technical analysis tool measures the recent speed and magnitude of price changes to help traders spot potential reversal points. <\/span><span data-preserver-spaces=\"true\">Readings above 70 signal that the asset is overbought and <\/span><span data-preserver-spaces=\"true\">could<\/span><span data-preserver-spaces=\"true\"> be due for correction, while <\/span><span data-preserver-spaces=\"true\">anything<\/span><span data-preserver-spaces=\"true\"> below 30 <\/span><span data-preserver-spaces=\"true\">is<\/span><span data-preserver-spaces=\"true\"> considered a buying opportunity.<\/span><span data-preserver-spaces=\"true\"> Currently, the RSI stands at around 71.\u00a0<\/span><\/p>\n<figure id=\"attachment_407353\" aria-describedby=\"caption-attachment-407353\" style=\"width: 8929px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-RSI.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-407353\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-RSI.png\" alt=\"LTC RSI\" width=\"8929\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-RSI.png 692w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-RSI-300x13.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-RSI-50x2.png 50w\" sizes=\"auto, (max-width: 8929px) 100vw, 8929px\"><\/a><figcaption id=\"caption-attachment-407353\" class=\"wp-caption-text\">LTC RSI, Source: TradingView<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Next on the list is LTC\u2019s exchange netflow. Over the last three days, inflows have surpassed outflows, indicating a shift from self-custody methods toward centralized platforms. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\">, in turn, increases the immediate selling pressure.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_407354\" aria-describedby=\"caption-attachment-407354\" style=\"width: 1396px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-407354\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow.png\" alt=\"LTC Exchange Netflow\" width=\"1396\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow.png 1710w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow-300x86.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow-1024x293.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow-768x220.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow-1536x440.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/LTC-Netflow-50x14.png 50w\" sizes=\"auto, (max-width: 1396px) 100vw, 1396px\"><\/a><figcaption id=\"caption-attachment-407354\" class=\"wp-caption-text\">LTC Exchange Netflow, Source: CoinGlass<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/litecoin-ltc-soars-by-40-monthly-is-there-more-room-for-growth\/\">Litecoin (LTC) Soars by 40% Monthly: Is There More Room for Growth?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR LTC witnessed a substantial price uptick, fueled by MEI Pharma\u2019s $110 million purchase of Litecoin tokens. While analysts foresee a rally toward $150 and beyond, technical indicators such as the rising RSI and increased exchange inflows suggest that a possible short-term correction may be in play. The Next Targets Litecoin (LTC) is among the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40563","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40563"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40563\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}