Litecoin LTC price is preparing a surprise for us?)
Updated
Today, let's talk about Litecoin.
Once upon a time,
LTC was called "silver" of course after 
BTC "gold", and gave more hope and prospects for LTC than 
ETH at about the same then price of $6-9 per coin :)
Now the "conspiratorial talks" around Litecoin are resuming again. As if the chance that LTC ETFs will be the next to be accepted is higher than ETH ETFs. This is attributed to the fact that LTC has the same halving cycle as BTC, and in general, they have more in common than BTC and ETH.
Do you believe this?) Write in the comments.
Now, what do we see on the #LTCUSDT chart?
- The price has been holding up quite well lately, so if it stays above $100, there will be a good chance for continued growth to $130-140
- If the correction in the crypto market continues with greater force, then LTC could fall to $70
In general, the #LTCUSD price is moving very "hard" and trades are taking a long time to work out
https://www.tradingview.com/chart/LTCUSDT/GHfU2UHc-Litecoin-LTC-long-medium-term-trade-21/
But that's the price for low-risk and low-volatility trading.
But if you believe that the LTC ETF will be next, then buying LTC in the range of $70-80 with the prospect of rising to $250 or even $295 is a good idea.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Once upon a time,
LTC was called "silver" of course after BTC "gold", and gave more hope and prospects for LTC than ETH at about the same then price of $6-9 per coin :)Now the "conspiratorial talks" around Litecoin are resuming again. As if the chance that LTC ETFs will be the next to be accepted is higher than ETH ETFs. This is attributed to the fact that LTC has the same halving cycle as BTC, and in general, they have more in common than BTC and ETH.
Do you believe this?) Write in the comments.
Now, what do we see on the #LTCUSDT chart?
- The price has been holding up quite well lately, so if it stays above $100, there will be a good chance for continued growth to $130-140
- If the correction in the crypto market continues with greater force, then LTC could fall to $70
In general, the #LTCUSD price is moving very "hard" and trades are taking a long time to work out
https://www.tradingview.com/chart/LTCUSDT/GHfU2UHc-Litecoin-LTC-long-medium-term-trade-21/
But that's the price for low-risk and low-volatility trading.
But if you believe that the LTC ETF will be next, then buying LTC in the range of $70-80 with the prospect of rising to $250 or even $295 is a good idea.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Note
The #LTCUSDT price is in the forecasted buying zone.Are you ready to buy or do you think the
LTC price will fall further?
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