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Litecoin has seen a surge in interest based on key fundamental factors investors should pay attention to.

Litecoin started a downside correction from the $77.00 zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4 hours).

The Litecoin (LTC) price bounced at a long-term horizontal and diagonal support area last week.

The price of Litecoin (LTC) has fallen again as it encounters rejection at the $76 overhead resistance level. LTC price analysis by Coinidol.com.

Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin's gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly. Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency.

The general market recovery and high hopes of Bitcoin crossing the $50K barrier fuels the uptrend in altcoins like Litecoin. The LTC price shows a swift uptrend as it reverses over the week for double-digit growth. As the trend momentum increases for Litecoin, the buyers are ready to fuel enter at levels at $70.

Litecoin is gaining pace above the $68.00 resistance against the US Dollar. LTC price is now trading above $68.80 and the 55 simple moving average (4 hours).

The cryptocurrency market witnessed a staggering $230 million liquidation in leveraged positions over the past 24 hours, triggered by a surge and subsequent drop in Bitcoin's (BTC) price.

Litecoin has marked a significant achievement early in the year with over 6.3 million transactions processed since Jan. 1. This activity surge could be a harbinger of a vibrant period for Litecoin, potentially signaling a boost in utility and adoption.

The Litecoin (LTC) price has fallen since July 2023 and returned to a long-term support level this week.

Binance, the world's leading crypto trading platform has delisted several spot trading pairs concerning Bitcoin (BTC), Ethereum (ETH)BBNB, Floki Inu (FLOKI), and others. Recently, to safeguard users and uphold trading market standards, Binance has undertaken a comprehensive review of its listed spot trading pairs.

Cryptocurrency exchange HashKey announced the upcoming listing of Litecoin (LTC). On Jan. 10, HashKey Exchange announced the listing of LTC on a licensed virtual asset exchange in Hong Kong.

Most of the top 10 coins have come back to the green zone; however, there are some exceptions to this rule.

The price of Litecoin (LTC) has fallen below the moving average lines, but consolidation has continued above the $64 support level.

Litecoin (LTC) emerged as the most utilized digital coin for payments, outshining Bitcoin and Ethereum for the second successive month. BitPay, the world's leading crypto payment processor, revealed that traders preferred LTC to complete digital payments as BTC and ETH maintained high transaction fees in 2023. BitPay users favored LTC by 38.

In the dynamic realm of cryptocurrencies, Litecoin has made significant strides, emerging as a pivotal player in the world of digital transactions. Recent data from BitPay, the largest payment processor globally, reveals an impressive milestone: Litecoin now commands a substantial 38.25% share in global cryptocurrency payments.

The crypto markets have overcome the mounted bullish pressure as the trend has dramatically shifted in favour of the bears. With only a few days remaining for the Spot Bitcoin ETF approval decision, the markets were believed to manifest acute strength.

Litecoin scooped a big portion of Bitcoin's market share in December.

Crypto analytics firm Santiment says that peer-to-peer payments network Litecoin (LTC) is flashing readings that could lead to a price surge. Santiment notes that Litecoin, decentralized finance (DeFi) protocol Maker (MKR) and liquid-staking service provider Lido DAO (LDO) are all witnessing rapidly rising address activity.

Bitcoin (BTC) and Ethereum (ETH) transaction fees surged in 2023 and continue at higher levels. Facing expensive transaction costs, people started seeking more efficient cryptocurrencies to use as payment, like Litecoin (LTC).

Litecoin previously saw a surge in users twice in December, followed by a sustained rally. Will the same follow this time around?

Santiment has pointed out the altcoins that are currently observing a signal that has often accompanied market cap growth in the past.

Litecoin (LTC) has been playing the second fiddle for some time now as its peers have recorded comparatively massive gains. At the time of writing, data from CoinMarketCap shows Litecoin is up by 0.17% in the past 24 hours to $65.44.

Cryptocurrency trader and strategist Ali Martinez is expressing bullish sentiment on Ethereum's (ETH) largest liquid staking protocol by market cap. Martinez tells his 39,200 followers on the X social media platform that LidoDAO (LDO) is forming an ascending triangle, which is typically considered bullish, on the weekly chart.