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Litecoin has noticeably accelerated, managing to quickly rise first to $122, and then to $130. Now a small correction is possible, however, later the ascent will continue, and the exchange rate will rise to $150. The money flow indicator provides a quite strong and stable bullish signal.
Earlier, the Litecoin account at X was hacked to promote a fake LTC token.
The basis for the rally of Litecoin lies in the growing speculation about the possible approval of the Litecoin-based ETF. The Canarу Capital S-1 application, recently amended and submitted to the SEC, reflects interaction, fueling hope for its approval.
From a technical perspective, the short-term LTC trend remains unstable, but analyst Javon Marks sees signs of significant strength: Litecoin is rising again with indications of underlying strength and may be ready to continue towards its first target at the $254.36 level! A further 207% growth could just be the beginning.

Profit for everyone, friends!