On-chain metrics show where Litecoin might be heading next

Litecoin, the sixth most valuable cryptocurrency in the global market, increased by 30% in the past week. As LTC shows strong momentum, on-chain data points demonstrate both bear and bull cases.

The daily price chart of Litecoin with moving averages. Source: LTCUSD on TradingView

Researchers at Santiment identified various on-chain indicators that buy the case for a pullback and also for a continued rally. They wrote:

“The often ignored and overlooked #Litecoin has experienced quite a month,…


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