According to TheMarketPeriodical, Litecoin (LTC) is showing signs of a potential price breakout amid growing adoption of its MimbleWimble Extension Blocks (MWEB) and rising institutional interest. The MWEB feature is enhancing privacy and utility, drawing more users and increasing confidence among traders. Litecoin’s price has remained stable near $100, with analysts noting a bullish setup on the charts. The Canary Litecoin ETF recently recorded 7,000 LTC in inflows, signaling growing institutional interest. If the price moves above the next resistance level, traders suggest it could reach $160.
Litecoin Eyes $160 Breakout as MWEB Adoption Rises and ETF Inflows Grow
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