#LTC&XRPETFsNext? Litecoin (LTC) has regained momentum on the market, skyrocketing more than 20% since the past week. With its price surge, LTC remains a top gainer on a daily and weekly basis among the top 20 cryptocurrencies by market capitalization. At the time of writing, Litecoin was up 9.23% in the last 24 hours to $116.45, on track for its fourth consecutive day of gains since Feb. 7.

Today's rise was the largest, with Litecoin springing from lows of $107 to $118 and thus breaching above the daily SMA 50 barrier at $110.58. Expectations for a prospective Litecoin exchange-traded fund (ETF) have increased, contributing to LTC’s upward trajectory.