Litecoin Overvalued as MVRV Declines, Despite Price Surge: What’s Next for LTC Price?

The post Litecoin Overvalued as MVRV Declines, Despite Price Surge: What’s Next for LTC Price? appeared first on Coinpedia Fintech News

After the Federal Reserve decided to keep interest rates unchanged, the crypto market has maintained steady growth. Among these, Litecoin stands out in the altcoin sector, recording significant double-digit gains in just a few hours. This surge has impacted several on-chain metrics, suggesting that Litecoin’s price is currently overvalued. This could lead to strong selling …