Overview
- Litecoin traded around $100–$105 on November 9 after jumping from roughly $87 a day earlier.
- Reporting cites renewed whale accumulation and a 24‑hour trading volume spike reportedly above $15 billion as support for the move.
- Technical readings place LTC below the 50‑day SMA and above the 21‑day SMA, with resistance noted near $110 and a potential slide toward about $80 if support fails.
- Near‑term targets cluster around $120–$125, while some commentators float far more ambitious scenarios, including $2,500 and even $5,000, characterized as speculative.
- Outlets reference institutional interest and talk of prospective Litecoin ETFs as possible catalysts, and one article promotes a rival payments token, reflecting marketing content rather than independent validation.