Litecoin (LTC) has rebounded strongly from its 7-year trendline support, indicating a potential end to its prolonged accumulation phase. Analysts are optimistic about a breakout from a 4-year descending wedge, with price targets set at $216, $388, and $532. This technical setup is complemented by the Litecoin Foundation's report that 91% of the total supply has been mined, enhancing its scarcity appeal. In a move that could further bolster Litecoin's institutional attractiveness, T. Rowe Price has filed for an Active Crypto ETF that includes Litecoin. This development underscores growing institutional interest in the cryptocurrency, potentially driving further price momentum.