A cheaper and faster blockchain network, Litecoin is widely used for payments and remittances, as well as a store of value.
Great news for Litecoin investors is that institutional investors have jumped in big time. Considering ‘smart money’ is what really moves the market, Litecoin is poised for a strong upmove. Analyst Ali Martinez took to X to inform crypto enthusiasts that whales bought over $43M worth of $LTC in just two days.
Ali also pointed towards Litecoin’s chart, saying that its current trading inside a broad range, and a strong hold above $98 could see the token fly to $135.
Additionally, we can also see $LTC taking support at the 200 EMA (exponential moving average), which further confirms its bullish outlook.
With top cryptocurrencies like $LTC, $BTC, $ADA, and $ETH spiking investor interest – Trump just announced strategic crypto reserves for Bitcoin and other tokens, for instance – the market looks ripe for a…
