Litecoin (LTC) has experienced strong bullish momentum recently, with a 40% price rise over the past week, reaching $128.8. This surge has positioned 80% of LTC holders in profit, the highest level since 2021. However, analysts caution that the current "extreme greed" sentiment could trigger a sell-off as profit-taking intensifies, potentially halting the rally. If selling pressure continues, LTC may test its support level around $119.

On a broader outlook, Litecoin’s performance remains positive, with forecasts for 2024 suggesting a range between $93 and $250 depending on market dynamics. For 2025, optimistic predictions place LTC’s value as high as $429 if market conditions favor its growth.

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