Institutional Investors Boost Litecoin with $43M Purchase
- Institutional investors purchased over $43 million worth of Litecoin ($LTC) in two days.
- Analyst Ali Martinez highlighted a potential price increase if $LTC holds above $98, targeting $135.
- $LTC is supported by the 200 EMA, indicating a bullish outlook.
- Top cryptocurrencies like Bitcoin ($BTC), Cardano ($ADA), and Ethereum ($ETH) are attracting increased investor interest.
Institutional investors have significantly boosted Litecoin’s market presence by purchasing over $43 million worth of the cryptocurrency in just two days. Analyst Ali Martinez suggests that maintaining a price above $98 could propel Litecoin to a target of $135.
Source (2.6)https://www.newsbtc.com/news/best-meme-coins-to-buy-as-large-whale-buying-hints-at-an-upcoming-litecoin-rally/?rand=52377
