Litecoin (LTC) Soars by 40% Monthly: Is There More Room for Growth?

Description

TL;DR LTC witnessed a substantial price uptick, fueled by MEI Pharma’s $110 million purchase of Litecoin tokens. While analysts foresee a rally toward $150 and beyond, technical indicators such as the rising RSI and increased exchange inflows suggest that a possible short-term correction may be in play. The Next Targets Litecoin (LTC) is among the few leading cryptocurrencies well in the green on a daily scale. Currently, it trades at approximately $124, representing a 41% increase over the past...