Litecoin has bounced back by 13% in under 24 hours after a sharp correction, with strong market sentiment reflected in the profitability of 72% of its addresses. This recovery may pave the way for continued upward momentum.

Increased whale activity, rising by 7%, signals renewed interest from institutional investors in Litecoin. As speculation mounts about breaking the psychological level of 150 USD, LTC could see a sustained bullish trend.