Litecoin price breaks above $72, showing increased volatility.
Trading volume surged 150% in 24 hours, now stabilizing.
Potential targets: $76.5 resistance zone, with possibility of reaching 3-digit figure by year-end.
Litecoin (LTC) has emerged as a standout performer in the cryptocurrency market, defying the initial ‘Uptober’ disappointment and rekindling hopes for a bullish close to the month.
The token’s price action has shown increased volatility in the second half of October, breaking free from its previous consolidation around $66 and surpassing the $72 mark.
The recent surge in Litecoin’s performance coincides with news of Canary Capital seeking SEC approval for a spot Litecoin ETF, potentially fueling bullish expectations for the token.
This development, coupled with LTC’s price movements, has positioned it among the top-performing cryptocurrencies in recent days.
Litecoin trading volume pumps
Litecoin’s upward trajectory has been accompanied by a sign
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