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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ltc-price-surges-despite-cryptocurrency-market-challenges/" data-wpel-link="internal">LTC Price Surges Despite Cryptocurrency Market Challenges</a> 
<a href="https://en.coin-turk.com/bitcoin-and-altcoins-why-are-they-falling-losses-in-the-cryptocurrency-market-reach-double-digits/" data-wpel-link="internal">Cryptocurrency</a> investors did not see a great start in April, but the LTC price has once again surpassed $107. This positive diverging <a href="https://coin-turk.com/dogecoinde-tam-9-5-yillik-bekleyis-son-buldu-sessiz-ve-derinden-yasanan-hareket-ne-anlama-geliyor" data-wpel-link="internal">altcoin</a> is moving in the opposite direction of the general market sentiment. So what is the current situation with <a href="https://coin-turk.com/bitcoinde-beklenen-oldu-btc-artik-60-000-dolar" data-wpel-link="internal">Bitcoin</a> prices? What are the current predictions for Litecoin (LTC)? Here are the latest market predictions and LTC commentary. 
<h2 style="text-align: justify" id="bitcoin-btc">Bitcoin (BTC)</h2> 
The first quarter of the year was dazzling, and we saw altcoins led by <a href="https://coin-turk.com/piyasa-yeniden-dusus-yonlu-bir-ivme-kazandi-bitcoin-btc-kritik-fiyat-seviyelerine-geriledi" data-wpel-link="internal">BTC</a> achieve massive gains. Spot <a href="https://en.coin-turk.com/bitcoin-surprises-investors-with-a-remarkable-rise-in-price/" data-wpel-link="internal">Bitcoin</a> ETFs saw nearly $12 billion in inflows. This figure was exclusive of net inflows on cryptocurrency exchanges, and we have all experienced the results together. Bitcoin, which reached an all-time high of $73,777 in March, has now lost some ground. 
Risky assets generally rose in the first quarter of 2024. The S&amp;P 500 Index (SPX) increased by 10.2%, marking its best first-quarter performance since 2019, while Bitcoin rallied by approximately 69%. While the 7-month winning streak continues, a significant portion of investors remains cautious with concerns that prices won’t keep rising indefinitely. 
If <a href="https://en.coin-turk.com/is-binance-the-only-reason-bitcoin-faces-red-alarm-as-values-hit-lowest-level-in-35-months/" data-wpel-link="internal">BTC</a> loses the $60,000 level, it will validate these concerns. More ambitious experts predict we might see a new bottom near $45,000. 
<h2 style="text-align: justify" id="litecoin-ltc">Litecoin (LTC)</h2> 
Last year, during the halving period, Litecoin was quite strong. In fact, those wanting to offset losses in other altcoins achieved significant gains with LTC for a while. Recently, however, the application for derivative products for LTC by the Coinbase exchange pushed the price up. This application also certified LTC as a commodity. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-336645 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/LTCUSDT_2024-04-03_00-00-34.png" alt="" width="1280" height="590"> 
In March, LTC continued its steady rise by reaching higher peaks and had risen to $112 yesterday. Despite subsequent sales, the price rebounded from the $93 support level. We had written this week that the reaction from the $93 support could determine the price direction. 
Now, the critical threshold for LTC is $112, and if it can close above this level, it may extend the rally towards $120. On the other hand, closures below $105 could lead to a pullback to the main support levels of $98, $93, and eventually down to $77. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/ltc-price-surges-despite-cryptocurrency-market-challenges/" data-wpel-link="internal">LTC Price Surges Despite Cryptocurrency Market Challenges</a></h5>

LTC Price Surges Despite Cryptocurrency Market Challenges

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