Litecoin (LTC) has made a strong recovery after a difficult December, dropping over 40%. However, recent whale activity suggests that there are positive things to come for the cryptocurrency. Litecoin has been consolidating between $96 and $105, within key Fibonacci levels. At the time of writing, Litecoin was trading at $105.85, showing signs of a potential bullish move. Whales have been buying up Litecoin during the dip, with the number of LTC held by whales growing from 7.44 million to 9.06 million. Trading volume and open interest have also increased, indicating healthy market interest. If Litecoin can maintain this trend, it may reach new highs and revisit December's peak.



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