LTC surged by 12.16%, climbing to a peak of $58.96. This impressive gain, the largest single-day increase since late March, comes as a welcome relief following a turbulent market period. However, despite this temporary boost, the coin faces potential challenges as bearish indicators persist.

A Surge in the Face of Adversity

Earlier this week, Litecoin experienced a notable uptick, marking its highest daily gain in several months.&middot

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