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Litecoin (LTC) is currently trading at $72.6, reflecting a recent uptick after several months of dormancy. This positive shift hints at the onset of a potential bull run, driven by increasing institutional interest and favorable developments in the regulatory space. With the announcement of the first spot Litecoin ETF filing and its longstanding history as a secure proof-of-work asset, the stage may be set for a more sustained rally.
LTC Key Statistics
Current Price: $72.6
Market Cap: $5.53 billion
Trading Volume (24h): $390 million
Circulating Supply: 75.10 million LTC
Total Supply: 84 million LTC
CoinMarketCap Ranking: #20
Litecoin’s price is trading at $72.6, currently close to its first resistance at $74.00. The asset has seen a mild retracement but remains positioned for further upward movement as it stays above crucial support at $71.50. If momentum continues, LTC could push toward its next key resistance at $77
LTC/USD Market Analysis
Key Levels
Resistance: $74, $77, $82
Support: $71.50, $68.00, $63
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