Litecoin (LTC) up 8% as On-Chain Activities Hit New High, What Comes Next?

Litecoin (LTC) transaction metrics as showcased by Santiment depict more imminent rally

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Though a bearish correction is currently underway, the sustained growth of on-chain transactions as marked by Litecoin can turn this negative trend into a healthy one in the near future. To project what comes next, we can expect a rebound at $66 should the current drawdown hit that support zone.It is not a myth that Litecoin maintains a close correlation to Bitcoin, and observable moves in the latter can have a profound impact on the former.

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