Litecoin Gains Moderate as Investors Shift to Remittix Presale

Litecoin (LTC) has recently experienced notable price volatility, surging nearly 10% over the weekend to trade near $130, driven partly by speculation around a potential spot ETF and increased institutional interest. Despite this rally, technical analysis indicates a possible bearish double-top pattern, suggesting a retracement toward support levels around $90, while market sentiment remains neutral. Analysts remain divided, with some forecasting Litecoin could reach $150 to $200 by year-end if ETF developments materialize. Concurrently, investors are showing growing interest in Remittix (RTX), a remittance-focused crypto platform addressing cross-border fiat payments, which has raised over $18 million and is praised for its real-world utility and promising roadmap, offering potential high returns compared to Litecoin. Market data from the CoinDesk 20 Index, which tracks major cryptocurrencies globally, shows a mixed but slightly positive environment, with Litecoin among the top performers alongside Stellar, while tokens like Sui and Solana lagged. This mixed performance suggests a phase of market consolidation, with investors closely watching regulatory and macroeconomic factors for future trends.