- Litecoin price jumped more than 10% to breach resistance at $130
- The altcoin is trending among top gainers today as traders ride spot exchange-traded funds sentiment.
- If LTC goes parabolic amid ETF approval, analysts target gains to $400 and higher in coming months.
Litecoin (LTC) has posted a decent intraday gain of over 10%, climbing from lows of $115 to hits of $132.
The uptick in the altcoin’s price signals fresh investor enthusiasm amid broader cryptocurrency market bullish sentiment.
However, LTC is taking bears to the edge as anticipation surrounding regulatory approval of LTC exchange-traded funds ticks up.
Crypto analysts say profit reallocation to legacy coins could combine with the anticipated nod post-US government shutdown to send Litecoin price past its all-time high above $400.
Litecoin price surges 10% to retest $130
Litecoin’s price action today has been marked by renewed vigor.
After falling to lows of $115 as Bitcoin gave up gains to near $120,000, bulls have pushed up more than 10% to see the asset retest the psychologically significant $130 resistance level.
It’s a move that has Litecoin looking to break above highs last seen in December 2024.
Gains have come amid surging institutional buying, with on-chain metrics showing a 15% uptick in large wallet accumulations.
Per data the Litecoin Foundation shared on X, the network also hit another key milestone – it has processed over 3 million transactions in the past two weeks.
The Litecoin Network just processed over 3,000,000 transactions in ~two weeks. Litecoin is not slowing down. Being used more than ever. #PaywithLitecoin ⚡️ pic.twitter.com/Uk35nVjVJ1
— Litecoin Foundation ⚡️ (@LTCFoundation) October 9, 2025
LTC’s resurgence has investors aggressively positioning and daily trading volume has jumped more than 170% to over $2.02 billion as of writing.
Litecoin ETF decision imminent – Is $400 next?
Macroeconomic tailwinds, including US Federal Reserve’s minutes and commentary on interest rates, have helped bulls. But that’s not all.
Despite the partial US government shutdown briefly stalling the Securities and Exchange Commission (SEC) activities, latest developments suggest an approval for the first spot Litecoin ETFs is on deck as soon as the shutdown ends.
The impending SEC decision on spot Litecoin ETFs looms as a major catalyst for LTC’s price trajectory. Analysts have pointed to the approval as being largely a done deal.
Bloomberg ETF analysts James Seyffart and Eric Balchunas have pointed this out this week, noting that Canary Capital’s amended S-1 filing for Litecoin and Hedera ETFs includes details that are usually the last inclusions before the greenlight.
INTERESTING: Canary just filed S-1 amendment for Litecoin and HBAR spot ETFs and they include the fees (95bps each) and the tickers (LTCC and HBR). which is typically the last thing updated bf go-time. With shutdown tho who knows but these docs look pretty finalized to me. pic.twitter.com/xSahgxzhtl
— Eric Balchunas (@EricBalchunas) October 7, 2025
With SEC’s recent adoption of generic listing standards for crypto products live, the market is abuzz that the highly anticipated approvals are next.
ETFs and corporate treasuries are therefore a likely massive confluence of bullish catalysts for Litecoin.
In terms of price prediction, Litecoin has to breach $140 and successfully flip the zone into a demand reload area.
Gains to highs of $200 are likely to elevate buying pressure across the market and a technical breakout could allow for a run towards $350 and then the highs of $400.
Litecoin’s all-time peak currently holds at $412, reached in May 2021.