$LTC
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📈 Current Situation and Technical Analysis
The current price is at $116.6 after a strong rise in today's session with a force of 9.7%, supported by optimism towards ETF approval and the halving event — approaching the main resistance at $119–120.
On July 18, LTC broke the $100 barrier, closing at around $105, marking an important technical breakout with immediate expectations to push towards $107.6 and $112.25, and possibly even $130 if the momentum continues.
The charts reveal a "price divergence" pattern within a horizontal/descending triangle, indicating the start of an upward wave towards $135 according to several sources.
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🏛️ Fundamental Factors
Strong optimism around ETF: 95% probability of ETF approval in the second half of 2025 according to Bloomberg.
Excitement for the version: The upcoming halving event boosts market sentiment and stimulates investor enthusiasm.
Technical developments: Privacy extension via MWEB, and the creation of LitePay 2.0 and LitVM—all of which add real and practical functionalities to the network.
