Litecoin: Old Name, New Breakout Potential
Litecoin (LTC) is hovering near $89-$90 after bouncing off its 61.8% Fibonacci zone at $77.50. If it closes the week above $100.68, it could spark a fresh move toward $132 or more. That level has been a strong resistance in the past, and flipping it could trigger a major rally. Right now, LTC is showing real signs of strength even while the broader market feels unsure.
On the tech side, Litecoin is picking up steam. The MWEB privacy upgrade is gaining attention again, and talks about a Spot Litecoin ETF are back in the headlines. There's also buzz around LitePay 2.0, which may boost merchant adoption and ease of use.
With all these factors coming together, Litecoin is showing up on more radars. If price momentum holds and resistance breaks, LTC could catch many by surprise. It's not just a name from the past, it's one of the top crypto coins to buy now heading into the next cycle.