ARK Invest has filed its Form S-1 with the US SEC to gain regulatory permission to introduce its Ark 20 Crypto ETF fund, as indicated by the Litecoin Foundation, on Saturday, January 24, 2026.
It is supposed to track the CoinDesk 20 Index, an index that comprises the largest and most liquid cryptocurrencies available in the market. It is likely to trade on the NYSE if permission is granted by the SEC.
Source: Litecoin Foundation
The filing reveals that Litecoin (LTC) has been included in the CoinDesk 20 index, implying that it may likely be included in the ETF. Litecoin has been included in the CoinDesk 20 index in consideration of its liquidity and capitalization. Litecoin aims to position itself in line with other top-performing cryptocurrencies in the world.
Also Read: Litecoin (LTC) Targets $80 Recovery While RSI and MACD Remain Bearish
Following the Litecoin inclusion in the Ark 20 Crypto ETF fund, traders’ attention has now shifted to the LTC, the native currency of the Litecoin.
Currently, LTC is consolidating in the $68 to $69 price range, while $71.40 has become significant resistance, as pointed out by the crypto analyst, CryptoWZRD, on Saturday, January 24, 2026.
The overall indecision in the Bitcoin market has kept Litecoin in a neutral trend along with Bitcoin, while bulls have not been able to overpower bears in this period. Breaking through the $71.40 mark on the daily close may resume the Litecoin uptrend, attracting momentum traders’ interest in Litecoin.
Source: CryptoWZRD
On the flip side, if there are challenges in retaking and holding on to the price levels around $71 and $72, there are risks of a short-term correction in Litecoin. This would result in a drop in price to levels around $66 and $65.
This would possibly represent a short-term bearish trend in Litecoin, and investors would need to consider re-evaluating risks. Traders would need to consider market correlations with Bitcoin and how regulations are affecting prices.
According to the TradingView data, shared on Saturday, January 24, 2026, Litecoin is currently priced at about $68.4 on the 4-hourly chart. It has sustained a bearish pattern in the near term due to the failure to sustain itself above the resistance zone of $75-$76. Lower highs and lower lows have formed in the LTC price chart.
Source: TradingView
Momentum indicators support this mixed picture. MACD is still in the lower territory, but the histogram is suggesting weakening bearish momentum. The Relative Strength Index (RSI) is currently near the 43-mark, suggesting mild bearish momentum.
A move above the $70 mark may lead to a relief rally in the near term. On the other hand, a move below the range of $66-$65 may lead to further declines.
Also Read: Litecoin (LTC) Holds $74 Support Zone as Analyst Targets $285
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