LTC surges to $92.02, ETF expectations + Ethereum upgrade hype assist!
NiuNiu News: Litecoin LTC is currently priced at $92.02, surging 10% in 24 hours, with trading volume skyrocketing to $450 million, and a market capitalization of approximately $6.9 billion! The Ethereum Pectra upgrade goes live today, stabilizing at $9,275,437,224,794,700 and $55,498,913,537 at $1,833, sparking discussions about “$LTC riding the bull market wave, $100 is expected!”
Why the crazy surge?
ETF expectations heat up: The probability of the SEC approving a spot LTC ETF reaches 90%, with inflow expectations driving the price up to $92.02, and discussions about “the launch of the ETF will explode!”
Ethereum upgrade assist: Today's Pectra upgrade optimizes EVM and reduces L2 costs, with $ETH stabilizing at $1,833, and $LTC riding the market wave, leading to discussions about “altcoins following suit!”
On-chain activity: LTC network trading volume and active addresses hit all-time highs, with discussions about “the surge in demand for payment scenarios!”
Technical breakthroughs: The 4H chart breaks through the resistance at $93, MACD golden cross, with discussions about “$92.02 firmly standing, aiming for $94.63!”
How to read the K-line? What's the trend?
$LTC 4H: $92.02 stands on the upper Bollinger band, MACD golden cross, RSI 65 neutral. Support at $90, resistance at $94.63. Trend: short-term aim for $94.63, beware of fluctuations. Warning: “ETF speculation + upgrade hype, be cautious of pullbacks!”
Should we buy the dip?
Buying at $90, stop loss at $88, target at $94.63. Keep an eye on SEC developments and on-chain data, avoid chasing highs! Q3 bull market heat, could $LTC reach $100?
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