Litecoin (LTC) is trading at approximately $127.93.
Key support and resistance levels for LTC are as follows:
Support Levels:
$100.00
$90.00
Resistance Levels:
$140.00
$167.00
These levels are identified based on recent technical analysis.
Additionally, the recent surge in Litecoin's price can be attributed to the U.S. Securities and Exchange Commission (SEC) considering CoinShares' application for a spot Litecoin ETF. This development has increased market interest and optimism regarding LTC's future prospects.
Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your risk tolerance before making any investment decisions.
