Litecoin Price Prediction: LTC Is Top Gainer On CoinMarketCap After 5% Pump As This Crypto Wallet ICO Close On $10M
The Litecoin price jumped 5% in the last 24 hours to trade at $112.90 as of 00:08 a.m. EST on trading volume that skyrocketed 92% to $933.4 million. The LTC price pump made the crypto the biggest gainer among major cryptos on CoinMarketCap. Litecoin Price Aims For A Rally The LTC price has seen an impressive rally from its lows in early 2024. The Litecoin price surged past the $100 psychological level in December through a parabolic curve and reached highs near $140 before facing resistance. Recently, LTC experienced a pullback towards the $100-$105 support zone, which has acted as a strong demand area multiple times (highlighted in purple on the chart), according to data from GeckoTerminal . This support zone aligns with the 50-day Simple Moving Average (SMA), reinforcing its importance. The price of Litecoin briefly dipped below this level but quickly rebounded, signaling strong buying interest. Additionally, a golden cross between the 50-day and 200-day ...