Litecoin Price Surges Amid ETF Speculation and Exchange Support
- Litecoin price increased nearly 7%, reaching $113.65, with a daily low of $102.
- An analyst predicts a potential rally to $128 if the price breaks above the ascending triangle.
- The possibility of an LTC ETF approval has fueled renewed market interest.
- Binance expanded support for Litecoin with new Spot Grid and Spot DCA services.
- LTC futures open interest rose by approximately 11% to $551.13 million.
Litecoin’s price saw a significant increase, driven by speculation around an ETF approval and expanded exchange support, with analysts highlighting a potential target of $128 if current trends continue.
Source (2.6)https://coingape.com/litecoin-price-eyes-128-rally-amid-ltc-etf-buzz-top-experts-predict/?rand=24432