LitecoinLong
LTC Litecoin 800$
In a previous post, I outlined the coins with possible ETFs. Each has held its price level even after the recent drop.
Everyone knows Litecoin is just a fork of Bitcoin, and there's not much technology in it. However, a decentralization and adoption issue is occurring, making it a suitable candidate for a potential ETF.
For technical analysis, we have a standard triangle with horizontal resistance on top. Such resistances tend to break out strongly.
So, I wouldn't be surprised to see a price of around $800 at the end of the cycle.
If we talk about the LTCBTC pair, we can see that the fall has stopped, the bottom has been minimized, and I expect an upward jump.
Best regards OVACXE
Everyone knows Litecoin is just a fork of Bitcoin, and there's not much technology in it. However, a decentralization and adoption issue is occurring, making it a suitable candidate for a potential ETF.
For technical analysis, we have a standard triangle with horizontal resistance on top. Such resistances tend to break out strongly.
So, I wouldn't be surprised to see a price of around $800 at the end of the cycle.
If we talk about the LTCBTC pair, we can see that the fall has stopped, the bottom has been minimized, and I expect an upward jump.
Best regards OVACXE
FOREX or CRYPTO on Bybit
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Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FOREX or CRYPTO on Bybit
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
partner.bybit.com/b/excavo
Tg
t.me/excavo_forex
t.me/excavochannel
Academy 2025 t.me/excavoacademy
All links
t.me/linkforkbot/link?startapp=excavo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.