LTC News: Litecoin Eyes Potential Breakout Towards $170 Amid Surge in Active Addresses
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Litecoin, the silver to Bitcoin’s gold, has been making waves in the cryptocurrency market recently. Here’s a closer look at its latest performance and what analysts are predicting for its future.
Litecoin Testing Key Resistance Levels with Potential Breakout Towards $170
Litecoin has recorded a remarkable surge in February, gaining by +25% against Bitcoin. At press time, Litecoin was trading at $127.08, following an 8.14% hike over the last 24 hours. The crypto’s impressive price action coincided with a surge in active addresses, climbing to over 445k for the first time since early February. Technical analysis suggests that Litecoin is trading within a consolidation zone, with potential for a breakout towards $170 if it holds key resistance levels. On-chain signals and MVRV ratio hint at sustained growth, supported by rising market sentiment.
Best Cryptos to Buy Today: Qubetics Presale Skyrockets
With markets constantly shifting, Litecoin and Terra Classic investors are questioning their next moves. Litecoin is trying to stay relevant with its strong network security, while Terra Classic is still rebuilding after its infamous collapse. But Qubetics, with its Web3 aggregator and decentralized VPN, is attracting serious FOMO with its high-reward presale. Investors are watching closely as Qubetics ($TICS) presale prices jump every Sunday at 12 AM, offering early adopters a chance at massive gains.
Litecoin ETF & AVAX Price Surge Hints at Bullish Turn
Could 2025 be the year when crypto market leaders are reshuffled? Established projects like the Litecoin ETF and the buoyant AVAX price dominate headlines. The buzz around Litecoin’s potential ETF approval has reignited interest, rocketing network activity by 243% in just a few months. Meanwhile, AVAX is on the cusp of a bullish reversal, fueled by strategic partnerships and increasing adoption. Amidst this, a new player, Web3Bay (3BAY), is stepping into the limelight, already amassing over $1.5 million in its presale, positioning its token as a serious contender for 100x gains.
