Litecoin Reclaims $70 as Remittix Activates BINANCE500 Rewards Offer

Litecoin (LTC) has reclaimed its price area above $70 after network activity and a golden-cross chart signal brought traders back. The coin tested its strongest price area in months, pushing past $74 after moving through resistance near $64-$65.

The 50-day moving average also rose above the 200-day average, providing further support for LTC's recovery. Remittix has introduced BINANCE500, a seven-day promotional offer that advertises a 500% token bonus on qualifying purchases. This move aims to boost interest in its upcoming RTX launch scheduled for November 24.

The combination of LTC's payments identity and the growing interest in payment utility makes it an attractive option for traders. The network has a long record of transfers, with wallet products supporting more ways to use LTC in everyday transactions.