Litecoin is at a pivotal point as it awaits a potential ETF approval, with its price currently above $115 but facing resistance at $135. Analysts indicate that surpassing this level could initiate a significant upward trend, while failure might lead to a retest of the $50 support. The ETF application by Canary Capital is in its final procedural stage, with a 98% approval probability on Polymarket.
As the crypto market anticipates ETF decisions for other altcoins like XRP, Solana, and Dogecoin, investors are also eyeing MAGACOIN FINANCE. This project is seen as a potential 50x opportunity in the upcoming altcoin season, gaining attention for its ecosystem development and community-driven approach.
Litecoin Awaits ETF Decision Amid Market Speculation
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