At the beginning of this month, Litecoin (LTC) gathered strongly after a sharp decrease in the midst of turmoil on the market. Increasing speculation on a potential stock exchange investment fund (ETF) increased the interest of investors. Thus, token rose about 12 percent in one day to reach $ 130. We also asked for LTC estimation from Chatgpt for the end of March.
CATGPT determined the price of Litecoin for the first quarter of 2025
According to ChatGPT-4O, if the market conditions remain favorable, Litecoin will be traded between $ 135 to $ 135 at the end of the first quarter of 2025. However, the artificial intelligence bot, delays in ETF approval or wider market weakness can stop the momentum and LTC can keep the level of key resistance.
Basic factors that direct Litecoin’s momentum
Most of Litecoin’s recent price acceleration stems from increasing expectations that a Litecoin ETF can be approved in the coming months. In addition to a similar fund for XRP, Nasdaq officially applied to the US Securities and Stock Exchange Commission (SEC) to list and trade Coinshares Litecoin ETF.
Bloomberg ETF analyst Eric Balchunas suggested that early this year may be among Litecoin’s first crypto ETFs under the next administration. Moreover, Polymarket currently identifies the likelihood of a Litecoin ETF as 80 %this year, emphasizing that investors’ confidence in a potential launch has increased. ChatGPT-4O emphasizes that an ETF approval can push Litecoin towards the upper end of the prescribed $ 135 range.
Regulatory clarity and corporate interest
Unlike many other crypto currencies facing the regulatory examination, Litecoin benefits from a clear regulatory status. The Commodity Futures Trade Commission (CFTC) classified LTC as an commodity in the case against the crypto exchange against Kucoin. This means that it is not subject to Securities of Securities. ChatGPT-4O says this regulatory clarity makes Litecoin a more attractive investment option for corporate players.
However, although the artificial intelligence model helps to reduce the downward risks of regulatory stability, it may not be sufficient to provide significant price increases unless large institutional inputs accompany.
Chatgpt view on Litecoin. Source: chatgptStock market data indicate that the rise tendency for LTC has increased
Coings derivative data, Litecoin’s long -term appearance is increasingly increasing, he says. While the transaction volume increased by 246.45 %to 1.86 billion dollars, the fact that open positions increased by 19.89 %to 617.78 million dollars shows that market activities have increased and investor interest has increased. The Long/Short ratio in Binance and OKX remains above 1 and points to a stronger tendency for long positions.
LTC derivatives data. Source: coinglass
