🚀 New Crypto ETF in the Pipeline? Litecoin Eyes Big Leap! 💼📈
Litecoin (LTC) is back in the green, rebounding over 2% to $93 after an overnight dip — and the buzz is real. 📊 Market optimism surged following a cooler-than-expected U.S. CPI report, and now all eyes are on a potential Litecoin ETF. 🧐
According to Bloomberg’s James Seyffart, there’s a 90% chance we’ll see a Litecoin ETF approved later this year — potentially setting the stage for an epic “Altcoin ETF Summer” alongside Solana (SOL). ☀️🚀
Technically, LTC showed resilience, bouncing back from a dip to $91 during heavy Asian trading hours. By midday UTC, over 249K tokens had changed hands, pushing prices up sharply. 📈 An ascending price channel is forming, with key support at $91 and resistance near $93.50 — suggesting strong bullish sentiment. 🐂💪
With volatility spiking and traders buying the dip, LTC is holding firm at around $92. 🔁📉➡️📈 Could this be the calm before a major ETF-driven rally?
👉 Keep your eyes on Litecoin — the next big move might just be around the corner! 👀🔥
