LTC ready to shoot above $60 as network usage skyrocketing

  • LTC/USD has settled above a significant technical barrier.
  • On-chain metrics imply that the price is positioned for further growth.

Litecoin (LTC) is the 8th largest digital asset with a current market capitalization of $3.8 billion and an average daily trading volume of $3.7 billion. The coin has gained over 23% in the last seven days, becoming the best-performing cryptocurrency out of top-10 on a week-on-week basis,

The coin topped at $59.9 on October 25 before…

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