A crypto strategist closely followed is of the opinion that the payments-oriented token Litecoin (LTC) is able to cause a strong upward burst.
Analyst Ali Martinez tells his 130,600 followers on the social media platform X that Litecoin seems to act in a wide range between $ 135 and $ 98.
According to Martinez, Litecoin could rally At the top of the range if LTC remains above its diagonal support during the current correction.
“If Litecoin LTC is higher than $ 98, an increased purchasing pressure at this level could feed a rally to $ 135!”
At the time of writing, Litecoin is worth $ 101.92.
Martinez also notes that investors have a deep bag swallowed More than $ 43 million in LTC in two days when Litecoin floated nearly $ 98.
“Whales bought 430,000 Litecoin LTC in [48 hours]! “
In the meantime, colleague -Crypto analysts is credible not so bullish on LTC, at least in the short term. Credible stock A graph with its 465,000 followers on the social media platform X suggests that Litecoin can tumble under $ 70, where it will probably find the question that it needs to cause a potential rally almost $ 200.
‘Wait patiently for this [weeks] now.
Let’s see if this withdrawal will give it to me across the board. ‘
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Generated image: midjourney
