Litecoin price is clawing its way back toward the $100 mark after the brutal October 10 crypto market sell-off, which sent prices tumbling from above $134 to $95 in less than a day.
Renewed inflows into the Canary Litecoin ETF and improving technical momentum have since helped stabilize the market, sparking quiet optimism that LTC’s long-running consolidation could give way to a steadier November recovery.
LTC ETF Sees Demand, but Momentum Stays Fragile
Litecoin’s $LTC is showing signs of life as the Canary LTC Spot ETF saw a net inflow of $230,000 on October 31, pushing total assets to $1.64 million after it was launched on October 28. The ETF now holds roughly 17,180 LTC, worth about $1.5 million, according to on-chain data shared by MasterBTC on X.
While the inflow size is small compared to Solana’s $44.5 million ETF momentum on the same day, the move reinforces a slow-burn accumulation trend that’s helped stabilize prices around the $95–$98 range.
Analysts note that demand for the Litecoin ETF, though minor, acts as a structural buyer, absorbing part of the sell-side pressure that has defined Litecoin’s recent months.
Litecoin Price Prediction for November
Data shows the LTC price is trading just above its 50-day moving average (~$96) and approaching the $100 psychological barrier, a level that has been repeatedly rejected since mid to late October.
According to TradingView data, short-term moving averages (10- and 20-day) have flipped bullish, while longer-term signals remain mixed, a classic sign of a market in early recovery mode.
Chartists see long-term compression on the monthly chart as a potential setup for future expansion, but traders such as @ToadTelegraph caution that the move is likely gradual.
“We’re as good as on the trendline already. There’s nowhere to go but up,” Toad said, noting RSI strength on the 4H chart.
Still, broader liquidity remains thin. LTC’s 24-hour volume slipped 12% to $707 million, and the market cap sits near $7.5 billion, far from the euphoria of 2021 levels. Any sustained breakout above $110–$120 would likely require renewed retail inflows or stronger ETF traction.
For November, Litecoin’s outlook is neutral-to-constructive: gradual accumulation with capped rallies and cautious optimism amid macro headwinds. A break above $110 could target $135, while a failure to hold above $90 could test the $82–$84 support zone.
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