Grayscale moved the Litecoin Trust one step closer to public trading by filing a Form S-3 shelf registration on September 9. The document would allow the sponsor to register shares for sale, subject to an exchange listing and effective registration. The filing appears in the SEC’s EDGAR system for the Grayscale Litecoin Trust.
At the exchange level, NYSE Arca has asked the SEC for authority to list and trade the trust under its Commodity-Based Trust Shares rule. The rule docket, labeled SR-NYSEArca-2025-05, has progressed through notice, an extension of time, and proceedings to determine approval or disapproval. The SEC’s site and Federal Register entries outline those milestones.
The timeline remains fluid. In late August, the Commission again designated a longer period to act, citing the need for additional analysis. That keeps the path open for comments and further SEC review before any final order on the NYSE Arca proposal.
Litecoin Foundation readies a privacy-first wallet using MWEB
The Litecoin Foundation said it is partnering with AmericanFortress on a Litecoin-native wallet that makes privacy the default. It will use Mimblewimble Extension Blocks, or MWEB, to let users shield amounts and improve on-chain confidentiality. The announcement came this week via the Foundation’s official X account.
Beyond MWEB, the Foundation and partners highlighted features such as FortressNames and client-side filtering to reduce data exposure. Third-party coverage adds that the release plan targets September and aims to streamline user experience while keeping network compatibility. FXStreet
Community posts from the Foundation also note that AmericanFortress will launch first on desktop and will complement existing wallets that already support MWEB. That positioning suggests the app will expand choice for privacy-minded Litecoin users without replacing current options.
Litecoin forms a bearish flag that implies a drop toward 97 dollars if it breaks down
September 11, 2025 Litecoin trades near 117.30 dollars on the four hour Coinbase LTC/USD chart you shared. The structure since the sharp late August selloff shows a classic bearish flag. The flagpole is the steep decline, while price then climbed inside a rising channel with parallel boundaries. That rising channel sits below the August swing highs and carries lighter momentum than the preceding drop. This setup is a continuation pattern that often resolves in the direction of the pole after a breakdown through the lower boundary.
The measurements align with a downside objective near prior horizontal support. A seventeen percent decline from the current 117.30 dollars equals about 97.36 dollars. Your chart also marks a blue support line near 96.55 dollars. The projected target therefore clusters in the 97 to 96.5 dollar area, which strengthens the relevance of that zone. The fifty period exponential moving average around 113.41 dollars runs inside the channel. A decisive move below that average would add evidence that momentum is turning back to the bears and that the flag is starting to unwind.
Confirmation still depends on price action. The pattern indicates risk to the downside, but technicians look for a clean break and close below the flag’s lower trendline, ideally with rising volume, to validate the continuation. Without that break, the channel can persist and price can continue to grind higher inside it. If the breakdown occurs, the pattern supports the seventeen percent path to roughly 97 dollars, where the chart shows the first significant support and where the measured objective lands.
RSI shows firm, not extreme, momentum on the 4-hour chart
As of September 11, 2025, Litecoin’s 14-period RSI prints 65.83 on the 4-hour timeframe. The RSI sits above its signal line near 56.07 and trends higher. Momentum therefore leans bullish, but it has not yet crossed the overbought zone above 70.
Recent behavior supports a cautious read. Earlier spikes into the upper-60s and low-70s on this chart were followed by quick cool-offs. The current push occurs while price trades inside a rising channel that formed after a sharp drop. This context fits the earlier bearish-flag read you shared for price.
Key levels remain straightforward. A firm RSI break and hold above 70 would indicate a short burst of strength. A rejection near 70, followed by an RSI fall back through 50, would signal fading momentum and would align with a downside break of the flag. A cross back below the RSI’s signal line would be an early tell that momentum is slipping.
MACD turns positive on the four hour chart, but momentum is still modest
September 11, 2025, 11:21 UTC. Litecoin’s MACD reads bullish on the four hour timeframe you shared. The MACD line is 1.11, the signal line is 0.63, and the histogram prints plus 0.48. The blue line crossed above the orange line this week, and bars flipped green. That shift confirms improving short term momentum.
However, the push remains shallow around the zero axis. Recent swings show brief positive bursts that faded quickly. The indicator has hovered near zero through most of late August and early September. That behavior signals a market that rallies, then loses drive. It matches the price action inside the rising channel that we flagged as a bearish flag.
The read therefore aligns with a two way setup. If MACD stays above the signal and holds above zero, price can grind higher inside the channel. Yet a roll back under the signal, followed by a drop below zero, would warn that momentum is fading again. That turn would fit a breakdown from the flag and reopen the path toward the ninety seven dollar area we measured earlier.
