Litecoin price prepares for a $100 rally fueled by rising on-chain activity and a potential breakout from a symmetrical triangle pattern.
Highlights
A symmetrical triangle pattern drives the long-term sideways in Litecoin price.The LTC price is 2.5% away from challenging the $77 resistance of a 4-month consolation. A bullish crossover between the 20-and-100-day EMA should intensify the recovery momentum of LTC.During a low volatility Saturday, the Litecoin price surged 3% to trade at $75.3. The bullish trajectory is likely fueled by on-chain recovery and a major breakout from price. Will the LTC Price build sufficient momentum for a $100 comeback, or are sellers ready to counterattack?Litecoin Price Targets $100 as On-Chain Volume Reaches 16-Month PeakAccording to Santiment data, the Litecoin on-chain transaction volume soared to nearly $4 billion in a single day—the highest level in 16 months. The surge in transaction volume, along with price recovery, signals buyers’ convocation to drive a higher rally,One of the key drivers behind this surge is the growing discussion around Litecoin, which now accounts for 1.08% of all crypto-related discussions, a notable increase in social dominance. The heightened on-chain activity signals the growing appeal of Litecoin among investors as broader market conditions rebound.By press time, the Litecoin price had traded at $75.2, while the market cap had boosted to $5.6 billion. LTC Price 2.5% Away From Major BreakoutOver the past four months, the Litecoin price prediction has traded sideways, struggling to surpass $77 resistance. An analysis of the daily chart shows this consolidation hovers above the bottom support trendline of a long-coming triangle pattern.Theoretically, the pattern drives a temporary consolidation for the prevailing trend to regain its momentum. With the chart pattern intact, the Litecoin price is poised to rebound within the two trend lines before offering a deceive breakout.Amid the Canary Capital filing for an LTC ETF, the coin price rallied to $75.26, marking a 21.5% growth over the past two weeks. A bullish recovery backed by a notable spike indicates a higher potential to breach the overhead resistance of $77.A successful flip of this resistance into support will bolster a 34% rally to challenge the triangle resistance trendline at $103. The Litecoin price trading above the daily exponential moving average (20, 50, 100, and 200) recuperates the bullish narrative in LTC’s midterm term.On the contrary, if the LTC price fails to break the $77 breakout, the sellers could delay the above bullish thesis and drive a prolonged consolidation.$LTC #BinanceTurns7 #MarketDownturn #litacoin

Today we brought you a new article. I hope you like it. It talks about some digital currency wallets and the three best wallets ever in the United Arab Emirates, Saudi Arabia, Egypt, and North Africa in general.
First, we will know what electronic wallets are?
It is a digital wallet that allows you to store, send and receive encrypted digital currencies

Cortex Coin ($CTXC )
It is an open-source blockchain platform that aims to integrate AI models into smart contracts, allowing the creation of decentralized AI-based applications.
Market Cap: $154M
Maximum coin: 299.79M
Price at the moment: 0.6800

Current Market Information:
Technical analysis:

Moving average indicators:

Most new traders rely on technical analysis as this analysis focuses only on past price performance to predict future price movements. Candlestick charts are widely used along with technical indicators to provide trading signals. MACD (Moving Average Convergence/Divergence) is a widely used indicator for cryptocurrency trading due to its ease of use. It helps in assessing whether short-term price momentum is following a long-term price trend or whether there is a change in trend.