The king cryptocurrency has reached its six-digit price, which has been a dream for years, and we are going through the most bullish period in history. The cryptocurrency transformation that the USA will experience with Trump’s hand represents a huge revolution. So, while old cryptocurrencies such as XLM, XRP, ADA are making huge gains, could LTC be the next opportunity?
Litecoin (LTC)
One of the oldest altcoins LTC It is gaining attention while other legacy cryptocurrencies are making significant gains. XRP Coin reached the $3 mark and no one expected such peaks with such a rapid rise. Likewise ADA Coin also experienced a rapid return.
Today, Yoddha, one of the popular cryptocurrency analysts, shared a post saying, “LTC bulls are starting to wake up.” If BTC does not see intense selling at six-digit prices, the LTC price may rise to $430. The chart below suggests there could be a larger top.
“Litecoin $130.6 their maxi finally woke up! Look how perfectly my drawings predicted this.”
The analyst’s chart highlights the pattern between previous big moves and today. If he is right, the next big deal surprise could be LTC.
How Many Dollars Will Bitcoin Be?
In today’s post, Mister Crypto drew attention to Michael Saylor’s company with its huge reserves. The value of the company’s portfolio exceeded $41.2 billion. As the company’s value grows, its share price increases and with more shares issued, the company becomes more BTC He is going through a completely different process in which he gets the cash he can buy.
Mikybull Crypto shared the chart above and wrote that the next target for BTC is 114 thousand dollars. At the time of writing, BTC was unable to maintain $101,400 as support, so it found buyers at $100,800. However, the analyst’s support line is well below the current price and the retreat at the time of writing does not mean that the target of 114 thousand is not that far away.
cryptocurrency Investors should know that there will not always be pleasant surprises in these markets. Even while making huge gains, BTC can experience intermediate corrections where it sees double-digit losses. Especially for altcoins, such price corrections can be annoying, and high leverage transactions are extra risky for this reason.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
