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TronWeekly

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Litecoin (LTC) Flashes Bullish Flag, Price Could Jump Past $117 Soon

  • Litecoin (LTC) is trading at $98, up 3.35%, with analysts targeting $117 soon.
  • Open Interest in LTC futures rose by 6.14% to $647.38M, indicating increased capital inflow.
  • LTC holding above $93 support, RSI above 50 shows buying pressure gaining momentum.
  • Technical analysts predict a bullish breakout for LTC, with price targets around $117. Derivatives data and positive funding rate support the optimistic outlook.

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