Litecoin bullish momentum is strong, with LTC jumping 16.07% in a single day and analysts setting targets at $140. Meanwhile, Stellar (XLM) bullish momentum has pushed XLM up 22% this month, with a potential breakout past $0.50 on the horizon.
Cryptocurrency prices surged on Monday evening, led by Litecoin and Stellar (XLM) bullish momentum.
Litecoin (LTC) soared 16.07% to hit $107.96, marking its biggest single-day gain in months and surging over 140% since the start of 2025. This sharp ascent was fueled by strong market demand and speculation regarding a potential Litecoin ETF approval. Notably, open interest in LTC derivatives also climbed 35.33% to reach $706.13 million, indicating a surge in capital inflows.
According to market analysts, if buying pressure remains strong, Litecoin could push toward the $140 target, with resistance levels at $108 and $125. Another factor contributing to Litecoin bullish momentum is the strong market depth, suggesting sustained demand for the cryptocurrency. On Binance, the LTC/USDT trading pair showed a 2.4691 long/short ratio, indicating that more traders are betting on further price increases. If support remains strong above $100, LTC could continue its upward trajectory.
Meanwhile, Stellar (XLM) bullish momentum continued to gain traction, with XLM climbing over 22% this month as buyers pushed prices toward key resistance levels. Market analysts are watching the $0.50 mark, which could open the door for a stronger rally toward $0.57 if momentum holds. Unlike other assets that faced heavy corrections, XLM remained resilient, dropping only 4% during recent market dips, showing strength in volatile conditions.
The latest technical indicators confirmed continued Stellar (XLM) bullish momentum as buying pressure increased. Notably, market analysts are now eyeing $1.29 as a potential long-term target, provided XLM holds above its $0.40 support. If demand continues to build, Stellar could be poised for a breakout as one of the altcoins leading the market recovery. With Bitcoin and major cryptos gaining strength, XLM could soon be up for its next move.
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