Litecoin (LTC) is poised for a potential rise to $130–$140, rebounding from a $111 support level as bullish momentum builds. This follows Grayscale's ETF application, which has spurred significant whale activity, with over 181,000 LTC accumulated in a single day, indicating heightened institutional interest.
Key support levels for Litecoin are identified at $110 and $105, while surpassing the $120 mark could pave the way for higher targets. On-chain data reveals 349 transactions exceeding $1 million, pointing to strategic accumulation rather than retail speculation. The combination of ETF developments, Litecoin's 'digital silver' status, and robust technical indicators underpins the current bullish outlook.
Litecoin Targets $130–$140 Amid ETF Buzz and Whale Activity
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