From $90 To $400 Litecoin: Analysts Bullish On LTC Soaring Trajectory

From $90 To $400 Litecoin: Analysts Bullish On LTC Soaring Trajectory


Litecoin (LTC), the silver to Bitcoin’s gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory.

Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing.

This bullish run has been accompanied by technical indicators suggesting a potential continuation of the uptrend, but some analysts warn of lurking risks.

Potential Litecoin Price Bump In The Offing

One key driver of optimism is the apparent breakout from a bullish triangle pattern. This technical indicator, identified by popular analyst World of Charts, suggests a potential price surge in the coming months, with some analysts even predicting a climb to $400.

$Ltc #Ltc Breakout & Retest

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!