$LTC

Here's the latest note on Litecoin (LTC):

Current Price and Market Data

As of today, February 21, 2025, Litecoin's current price is $74.52, with a 0.65% increase in the last 24 hours. The market capitalization stands at $5.3 billion, with a 0.68% increase.

Recent Developments

1. _Litecoin Halving_: The Litecoin halving event, which reduces the block reward from 12.5 LTC to 6.25 LTC, occurred on August 3, 2023. This event has historically led to increased demand and higher prices.

2. _Adoption and Partnerships_: Litecoin has seen increased adoption and partnerships, including integration with payment processors like BitPay and Coinbase.

3. _Lightning Network_: Litecoin's Lightning Network, a second-layer scaling solution, has seen significant growth, enabling faster and cheaper transactions.

Technical Analysis

1. _Trend_: Litecoin's price has been trending upwards, with a series of higher highs and higher lows.

2. _Support and Resistance_: Key support levels are at $70 and $65, while resistance levels are at $80 and $85.

3. _Indicators_: The Relative Strength Index (RSI) is at 55, indicating a neutral market sentiment.