Tag: litecoin showing strength
Litecoin: THREE reasons LTC could lead Q4 altcoin gains
The post Litecoin: THREE reasons LTC could lead Q4 altcoin gains appeared com. Key Takeaways Why is Litecoin showing strength this cycle? Litecoin is decoupling from the altcoin pack with +11. 83% vs. BTC, boosted by whale accumulation and risk-off hedging. Is the rally backed by real on-chain activity? LTC’s DeFi TVL jumped 12%, daily on-chain volume hit $15. 1 billion, and 6% more 100k+ wallets signal long-term locking. Litecoin [LTC] is breaking away from the broader altcoin pack. After a 4. 8% rally so far in November, LTC is one of the few coins kicking off the month on a bullish note. To put that into perspective, Ethereum [ETH] is down 10%, so there hasn’t really been any alt rotation this cycle. Against this backdrop, LTC’s relative strength stands out. In fact, it’s also showing strong momentum vs. Bitcoin [BTC], up 11. 83%, which gives it an edge as traders look to hedge in a risk-off environment. Notably, on the DeFi side, Litecoin is seeing a solid 12% jump in its Total Value Locked (TVL), hitting $2. 1 million. That’s $240k flowing into LTC’s DeFi stack, boosting liquidity and showing growing on-chain activity. Why does this matter? Rising TVL signals that more capital is being deployed into the network, creating a divergence. In other words, LTC isn’t just seeing rapid moves. Instead, there’s real long-term locking of funds. Against this setup, LTC is carving out solid resistance at $108, which looks more like a cooldown than a full-on sell-off. So, if it breaks through (even in a risk-off market) could Litecoin be flexing as a real Q4 contender? Litecoin tops $102 as whales and record volume drive the run Litecoin is showing real conviction at key resistance. On-chain metrics from Santiment highlight why the bullish momentum could continue. Over the past three months, the number of.