Litecoin: Assessing if THIS can push LTC past $150 – BitRss

• Litecoin gained 13% in 24 hours after a sharp 20% correction to the pennant resistance level.
• The altcoin’s whale activity surges by 7%, with 72% of its addresses in profit.

Litecoin[LTC ($114.55)] is seemingly back in its groove and has been up 13% in less than 24 hours. This follows a sharp 20% correction over the past couple of days, as the altcoin was losing some of its recent gains.

LTC was building upside momentum, suggesting a potential rally for the altcoin. This 13% surge has lifted market sentiment and set a strong foundation for the anticipated rally.

As investors regain confidence, the focus is now on whether LTC can maintain momentum and reach new highs.