Will LTC take the rocket ship?I assume quite some people are waiting and hoping for Litecoin to moon, so do I. In my opinion it is the most underrated cryptocurrency in its most literal form.
I mean next to BTC and ETH, none of the altcoins have this kind of widespread adoption... and still, Bitcoins silver has almost been forgotten it seems. Unfortunately...
So the question remains, will this pretty Crypto Coin rocket anytime soon?
Honestly, I do not know and I guess nobody really knows. So lets have a look at the chart.
Actually the Chart looks amazing for a Buy in, I mean just look at the RSI -> Beautiful!!!
I think we will see very soon whether we´ll take the green pill or the red pill. In any way, there are some crucial resistances we have to overcome.
The first one being the red horizontal line ---> very important to crack this one soon, otherwise this will be our show stopper and we will follow the red path to the bottom of the purple channel.
The second one can be done in time, no need to rush ---> reaching the green box is a vital sign, especially by mid of 2022.
If everything goes according to the plan, we should be at the upper part of the purple channel by the end of 2022. (Cheese, I hope we moon by 700% by that time)
In any way, IMO Litecoin deserves a spot at the top 3, not a single spot less. But yeah, unfortunately my opinion doesn´t mean sh** to the market.
Do me a favor, treat my opinion the same way and DYOR. This is no financial advice.
What do you think will happen to LTC? Do you even like Bitcoins little Bro?
Best Regards,
Thatwalletguy
www.wallet-vergleich.de
