LTC Price Surge Expected to Hit $113 as It Becomes a Leader in Crypto Payments
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LTC price surge sees Litecoin reach $76.39 amid rising adoption and strong transaction volume. Could a breakout above $80 signal the next big rally?As the weekend continued, LTC price action followed the rest of the crypto market, showing small changes. As of writing this, we can see a 0.40% LTC price surge, reaching $76.39 in value. The weekly and monthly performance seems to be negative, as there is a 3.75% weekly decline. However, as recent transaction data shows, LTC is one of the top cryptocurrencies in terms of the number of transactions. This shows that the usability and adoption of this crypto have greatly increased. Additionally, the technical Litecoin price prediction also shows a bullish target for this coin.
A New Coin Dominates the Market
An increase in the percentage of Litecoin users can be seen as this cryptocurrency has gained more adoption. For instance, in July 2020, the Bitrefill users who transacted with Litcoin were recorded to be only 4.3% of the total. By January 2021, the Litecoin share of transactions had increased to 5.8%. The count of users continued to grow this year, reaching as high as 9.7%. In 2022, the share decreased to 8% and saw further drops as the markets crashed. Since then, the percentage has been growing, reaching 11% in July of last year.
Did Litecoin Overtake Bitcoin in Transactions?
Additionally, we can see an increase in Litecoin adoption in the BitPay data as well. In March 2025, Litecoin transactions contributed 32.26% of all the transactions on this platform. For comparison, Bitcoin recorded 29.09% of the total transactions that were processed in the same timeframe by this platform. Additionally, 11.54% of transactions involved Ethereum, while 5.96% were attributed to Dogecoin. As such, Litecoin has distinguished itself as a utility-based crypto next to the giants of the industry. Such growth in usability is set to push the value of this token higher and start the next LTC price rally.
Are Indicators Signaling an LTC Price Surge Above $100?
The Litecoin price predictions seem to be bullish today as this token keeps its position above the $70 support and is inching toward $80. If the $80 resistance is broken, we can also expect a further LTC price surge. The next target for an LTC price rally would be $96 and $113 after that. However, there is also a bearish scenario where LTC could move below the support levels of $70 and $68. If this happens, Litecoin price prediction turns bearish, with a fall as low as $60 being possible.
Chart 1 – Litecoin/USD Daily chart, published on TradingView, April 20, 2025
According to the daily Litecoin/USD chart 1, the price of LTC has been consolidating for a while now. However, the RSI for this token price action seems to have hit a bottom near the 40 point. As such, we can see that the RSI is increasing again, signaling a move towards the bullish zone. Additionally, with the rise of RSI, we can see that the ADX indicator is also rising. This could mean that as the bullish trend takes shape, the strength of the trend also increases.
Can Litecoin Soar Amid Easing Global Economic Tensions?
LTC price can also benefit from the recent market relief from the lowered tensions in global economics. Recently, the US put a 90-day pause on the tariffs on imports from other countries. However, this pause did not include China, which has been putting its own tariffs. As such, if this global trade war between the USA and China comes to an end as well, we can expect a surge in LTC value. So, following the daily economic news proves to be essential.
The post LTC Price Surge Expected to Hit $113 as It Becomes a Leader in Crypto Payments appeared first on Coinfomania.
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