Litecoin nears $75 as golden cross tests rally strength
- —LTC traded near $74.20, up about 20% from its daily open
- —50-day moving average at $51.33 crossed above the 200-day at $50.67
- —Over 17 million LTC worth $1 billion moved across the network in 24 hours
- —Litecoin futures open interest topped $500 million
Why it matters: A sustained break above $75 could open the path to $78.13 and squeeze shorts, while holding above $70 would confirm the breakout's strength.
Source: crypto.news