🔴Key Points for LTC Cryptocurrency 📉📈🚀
1. The rise was driven by rumors of potential Litecoin ETFs, with probabilities ranging between 80% and 90% within market and regulatory expectations.
2. Adoption by retail users and merchants is increasing; LTC has become a popular choice for small, fast, low-fee payments.
3. Supply reduction (halving) is occurring over time, which may increase positive pressure on the price.
4. Risk appetite is fluctuating; breaking support at ~$110 could lead to a correction towards ~$103, while breaking resistance is likely to push the price up towards $150.
5. Despite the high RSI, momentum is still ongoing, but caution is advised against overbought signals.