Litecoin (LTC) is showing signs of revival as the cryptocurrency market turns green. According to crypto analyst World of Charts, Litecoin has broken out of its range on a short time frame and could reach $150 again. The open interest for LTC futures has significantly increased since August 2024, and the LTC/USDT pair on Binance has a long/short ratio of 3,095, indicating speculation on higher prices. Binance has the highest trading volume for Litecoin, followed by OKEx and Bybit. The current price of LTC is around $116.68, with a 13.62% increase in the past week. Rising whale activity and profitable LTC holders are contributing to the bullish momentum of the coin. The possibility of a Litecoin ETF approval in the US market also adds to the positive sentiment. Additionally, Litecoin's network activity has increased, with a higher number of active addresses and transaction volume in 2024 compared to the previous year.



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