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Litecoin (LTC) Soars by 40% Monthly: Is There More Room for Growth?
Aug 5, 2025
< 1 min read
by Dimitar Dzhondzhorov
for CryptoPotato
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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 month.
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