Litecoin ត្រលប់មកវិញនូវសកម្មភាពដែលផ្លាស់ប្តូរទៅមុន $83

Litecoin has once again swung into action recently with the LTC price jumping more than 8.5% in the last 24 hours. As of press time, LTC is trading at a price of $83.14 and a market cap of $5.9 billion.

On the technical chart, Litecoin has given a clear accumulation breakout which could further lead to the LTC price surge to $90 and more.

# លីitecoin

Clear accumulation breakout with retest and consolidation above. EMAs are bullish.

This thing can push to $90+ pretty quickly once momentum gets going. pic.twitter.com/uCS6QUcF5z

— នៅ Nebraskangooner (@Nebraskangooner) ខែវិច្ឆិកា 30, 2022

Litecoin has been one of the top-performing altcoins over the last month taking the entire crypto space by a surprise. LTC is up by more than 20% on the តារាងប្រចាំខែ and more than 30% up on a three-month chart.

Interestingly, while Bitcoin, Ethereum, and other altcoins have been under selling pressure and a downward trajectory, Litecoin has delivered an excellent performance with strong gains.

On-chain Data: Litecoin Wallet Addresses on the Rise

The on-chain data shows that the Litecoin wallet addresses have been on the rise supporting the LTC price surge. On Sunday, December 4, the Litecoin Foundation tweeted:

“On-chain data shows the number of # លីitecoin wallet addresses continues to grow at a steady pace. From the beginning of the year, the number was approximately 117 million wallets. Now, there are 162 million LTC wallets and growing”.

On the other hand, the Litecoin network continues to hit some important milestones. As per data, more than a trillion dollars have been moved on the Litecoin network since its inception. An official update from Litecoin កំណត់ចំណាំ:

The current global # លីitecoin hashrate is 613.81TH/s at block height 2,380,689 with a difficulty of 19,865,123.41.

As we know, the Litecoin team has also been working actively on the upgrade of its Mimblewimble protocol that promises strong privacy, security, and scalability features. With its recent performance, Litecoin has been on the radar of crypto traders and challenging some top altcoins for a spot in the top-ten crypto list. Can Litecoin (LTC) price hit $100 before the end of 2022?

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