Litecoin / Bitcoin
Long
Updated

LTC 5x any day now

589
Could be a week, could be a month.

And admittedly there's alot more competition this cycle.

Do i believe we will 5x here? No. Heck dogecoin sucked $8billion from the CryptoMarketCap. And the defi space is also pulling away from the currency coins.

LTC admittedly doesn't have the best use case or LT outlook. But it should at least 2x from here.

I expect $250 from here.
Trade active
Going to get $250 sooner than later. In fact based on its recent movement i expect $250 by monday, a little (a couple of days) consolidation before the next move higher. Remember LTC was trading at $180 and making a strong move a few weeks ago before the BTC correction dragged it down and then subsequently kept it on the sideline while BTC and ETH both hit ATH's (BTC local ATH and ETH ATH).

Still a good buy. I don't think we'll ever see sub-$200 LTC again.

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.