Analyst Predicts Epic Litecoin Rally As This Year’s Halving Approaches – Here’s His Target

Analyst Predicts Epic Litecoin Rally As This Year’s Halving Approaches – Here’s His Target


A closely followed crypto strategist is predicting a massive Litecoin (LTC) rally this year in anticipation of its halving event slated for August.

Pseudonymous analyst Rekt Capital tells his 331,800 Twitter followers that Litecoin has a tendency to erupt prior to its halving based on historical price action.

Looking at Litecoin’s pre-halving rallies in the past, the analyst posits that the peer-to-peer payments network could sustain its bullish momentum until the second quarter of this year.

Trending: WOW! New Poll Shows Most GOP Voters Oppose Ronna McDaniel For RNC Chair… Here’s Who They Support Instead

“It looks like LTC pre-halving rallies may be lengthening in time. If this upcoming LTC pre-halving rally lasts twice as long as the previous pre-halving rally, then this rally will last ~365 days, which finds confluence with a May 2023 top.” 

Rekt predicts that Litecoin could rally to a

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend