Litecoin was the highest gainer in the top 100 coins over the past day, with its 10% rise propelling the price to $117 despite a broader industry dip.
Analysts noted that LTC had broken out of an ascending triangle and is now surging toward $128, with the impending ETF approval expected to give the token a massive tailwind.
While the rest of the digital asset market traded sideways, and some, like Shiba Inu and Cardano, dipped marginally, Litecoin started the week on a high, leading the top 100 coins in gains, as analysts target further upside this week.
At press time, LTC trades at $116.68, gaining 9.6% over the past 24 hours as volume surged 140% to hit $1.1 billion, its highest over the past week. The token’s market cap stands at $8,78 billion at press time, making it the 19th highest in the industry ahead of Hyperliquid.
Litecoin’s overnight gains to start the week brought its total gains for the past 7 days to 18%. It also defied an industry slowdown in trading moment
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