Litecoin (LTC) on the Move: Could This Be the Start of a Bull Run?
Lately, the crypto market has been sending mixed signals with a largely neutral sentiment hanging in the air. Bitcoin is holding steady at around $94.6K, and Ethereum remains under pressure at $1.8K. But what’s really caught my eye is Litecoin (LTC).
LTC kicked off the day at about $84.15, but it didn’t stay there long. Bulls quickly stepped in and pushed the price up to a high of $90.88, breaking through a key resistance level at $89.77. At the time I checked, it was trading around $88.61—still showing signs of strength. $LTC
What’s even more interesting is the on-chain activity. According to Coinglass, we’ve seen about $1.22 million in LTC liquidations today. On top of that, trading volume surged by 31.93%, hitting a solid $509 million.
With all this momentum building, I can’t help but wonder—are we on the verge of a major bull run for Litecoin?