Litecoin and mantra show bull signs

Litecoin and Mantra gathered in two -core digits this week. Technical analysis and analysis on the chain suggest that two Altcoin are ready for further gains next week. Bitcoin Flash Crash under $ 100,000, and his return above $ 104,000 encouraged optimism among crypto merchants.

American macroeconomic data editions, technology and shares performance and artificial intelligence development are key market triggers. Altcoini such as LTC -a om -a carefully follow bitcoin as the correlation remains high.

Litecoin and Mantra could increase the gain, the technical analysis shows

Technical analysis supports the gain at LTC -UI om -u, on a daily time frame. The mantra (OM) consolidated on a range of weeks between mid -December and January. OM broke out of the range between $ 4,5352 and $ 3,1730.

At the time of writing, on Friday, OM trade in the amount of $ 5,6263, close to its maximum of $ 5,9500, as observed in the traditionview chart below.

In the daily time frame, the OM formed a support zone between $ 4,443 and $ 4,069. This is a key imbalance zone and a correction could see the mantra bounce off this range.

Two key technical indicators, the relative solidity index and the scientific indicator of movable average support bikova thesis for OM. RSI reads 76 and tilts upwards. Although this usually generates sales signal, combined with MacD Green strips of histograms above the neutral line, emphasizes the fundamental positive momentum in the trend of pricing.

OM testing again for all the time is probably next week if token keeps your momentum.

Litecoin consolidated within the upper and lower limits of the range of $ 129.11 and $ 92.57. LTC ended its consolidation and broke out from the support zone, less than 8% in accordance with the top 2025. Of the $ 141.22.

Litecoin traded in the amount of $ 131.64 at the time of writing, early on Friday.

The LTC/USDT Dnevni Type of Price shows an imbalance zone between $ 102.57 and $ 114.04, two key levels for Litecoin in case of correction in Altcoin.

RSI and MacD show a fundamental positive momentum in trend of Litecoin price. The RSI reads 61 and tilts upwards, and Macd shows green strips of histograms above the neutral line.

Retailers should be careful about the VRHA 2025 Test Test and attempt to gather towards the maximum 2024 from $ 147.06.

Analysis on the chain supports bull’s thesis

Santiment metrics highlight the growing importance and demand for Litecoin among merchants this week. The total open interest rates on all exchanges of derivatives in the LTC climbed to almost $ 420 million on January 30th, which indicated a spike in the chart below.

The total number of LTC owners has constantly climbed between December 2 and January 31, according to Santiment data. On Friday, the metric climbed to 8.13 million.

The number of active addresses remains above average 2024, and the total funding rates of aggregated LTC read positive, which means that derivative derivatives maintain bull bias on Litecoin.

In the case of Mantra (OM), the total amount of the owner is slowly climbing, it reached almost 44,000 on Friday. Key metrics such as funding rates show bull bias and positive value for almost two weeks, which confirms the importance and demand of token on the derivative market.

The network realized the profit metric/loss used to monitor net profit/loss of all tokens moved to the chain of a certain day shows several positive stitches in January, which signals profit. Traders need to keep an eye on large positive spikes as this would mean a large amount of sale by a merchant who risks their portfolio, which could result in a correction of the price of OM.

The overall open interest in the OM reached the highest level on January 30. Above $ 348 million.

Market drivers push Litecoin and mantra more

The expectation of a fund approval traded by Litecoin, in the United States, is one of the key market drivers who have increased the LTC price this week. As SEC officially recognizes the 19B-4 report from Canary Capital for the Litecoin ETF Spot, traders are hoping for approval.

Usually, the approval of ETF for the video creates demand and interest among institutional investors and large wallet traders. The development of ETF could encourage further gains in Litecoin next week.

Eric Balchunas, Bloomberg Intelligence Analyst commented on development in tweet on x:

News but expected. Even Gensler’s Sec’s approved. This was said, they approved in 45 days compared to waiting for 240 days. I really want to interpret it as a sign that the new sec will be faster, but I can’t know really. Litecoin on deck, know more soon https://t.co/xqlxushuyn

– Eric Balchunas (@ericbalchunas) 31. January 2025

The recent announcement of a mantra on partnership with a group of laundry, a real estate giant, is a key market driver for the OM Token this week to tokenization of property on their chain. JP Mullin, co -founder and executive director of Mantra, he said,

“This partnership with the lady’s group is approval for the RWA industry. We are delighted with the partnership with such a prestigious group of leaders who share our ambitions and see the incredible possibilities of bringing traditional chain financing options. ”

Another key market driver is Bitcoin recovery from Flash’s fall below $ 100,000 on Monday. The connection between token and bitcoin remains relatively high, supporting their gain.

Bitcoin Catalizes together in Litecoin and Mantri

A three -month correlation between bitcoin and Litecoin is 0.84, and between bitcoin and mantra is 0.87. Relatively high correlation suggests that Bitcoin -O’s trend of price affects the prices of LTC OM, so further gains in BTC could encourage property more.

Flash falling in Bitcoin could push the merchants to the edge as BTC could draw assets correlate with it, deleting millions of dollars in market capitalization. American macroeconomic editions, the movement of American technological shares and shares and institutional investors’ activities usually affected the price of bitcoin.

LTC and OM holders have to watch Bitcoin -O’s Dunes Trend Price to anticipate sudden movements in two altcoins.

Strategic considerations

Merchants who accumulated LTC compared to 100 USD levels could consider taking profit in the percentage of their share, at least 30% before the Litecoin correction. It is recommended that the degree of profit is recommended while Litecoin holds stable above the range of the consolidation of the range.

Traders holding om acquired under $ 3.87 in ideal should consider the recess into consideration, while Altcoin traded above $ 5. Supporting customers can come in when OM is closer to $ 4 and wait for again to test more than $ 5,95 before they have taken profit.