LTC News: Litecoin Price Soars, Bulls Eyeing Higher Highs
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Litecoin stole the spotlight with its impressive performance, popping higher by over 8% and trading around $116.00. After retesting its key support level, LTC bulls are aiming for even higher highs.
Bitcoin Defends $95K, Litecoin Takes Spotlight
Bitcoin's price slipped below $95,000 but bulls managed to defend that level, jumping to $98,000 hours later. Litecoin stole the show with its performance. Altcoins had mixed performances, with BNB retracing and SUI heading north.
Litecoin Price Forecast: LTC Bulls Aim for Higher Highs
Litecoin (LTC) price pops higher by over 8% and trades around $116.00 at the time of writing on Monday after retesting its key support level the previous week. The technical outlook and LTC’s long-to-short ratio suggest a rally ahead. However, traders should remain cautious as the market remains volatile.
Litecoin Jumps 10% as Potential LTC ETF Approval Looms
Litecoin (LTC) has surged by 10% in the last 24 hours, fueled by Optimism around a potential spot LTC ETF approval by the US SEC. Analysts predict further gains, but the RSI index indicates overbought conditions, suggesting a possible short-term correction. The cryptocurrency currently trades at around $116, with a market capitalization approaching $9 billion.
Litecoin Rallies 10% as Whales Accumulate
Litecoin has bucked the market trend, gaining 10% as whale investors increase their holdings. On-chain data shows a triple-digit surge in large holders' netflow over the past week, indicating a growing bullish bias for LTC. The coin appears poised to extend its current gains as whale addresses continue to accumulate.