Litecoin ($LTC) has surged past its weekly resistance level as predicted, setting its sights on a target of $150. The cryptocurrency’s market cap has seen a $1 billion increase, climbing 15% to reach $119.64 billion. This breakout has significantly benefited Litecoin holders, with nearly 80% now in profit—the highest percentage since November 2021, when $LTC traded at $220. The rally has also spurred long-term holders to liquidate, as evidenced by a spike in Liveliness to 0.71 and a net outflow of nearly 1 million coins from wallets. With Litecoin’s current breakout, nearly 80% of holders are now in profit. This
The post Litecoin Breaks Weekly Resistance, Targets $150 Amid Bullish Momentum appeared first on The Merkle News.
