Litecoin Price Forecast: LTC breaks above bullish technical pattern, targets $170 mark
- Litecoin price breaks out of an ascending channel pattern, signaling potential upside acceleration.
- Open Interest reaches a record high of $1.27 billion, while hashrate continues to climb, boosting network security.
- Technical setup supports a rally continuation toward the $170 target level.
Litecoin (LTC) price is showing renewed bullish strength after breaking out of an ascending channel pattern,