Litecoin (LTC) has experienced a 10% increase over the past week, currently trading around $105.90. The cryptocurrency has broken through significant resistance levels, including $96.30 and the 50-day EMA at $101.45, with technical indicators such as the RSI at 56 and a MACD golden cross signaling strong bullish momentum. Blockchain data reveals a surge in transaction volume to $2.03 billion, with long positions outpacing shorts. CoinGlass and CryptoQuant data indicate that large investors are accumulating LTC, suggesting further potential for upward movement. However, a close below the 50-day EMA could lead to a pullback to the $96.30 support level.