Litecoin's tremendous resistance but amazing opportunity for 5x
Litcoin is facing just like BTC a key resistance level at $64 if Bitcoin is able to continue on its path to break the resistance Litecoin is likely to follow suit.
Then the next barriers for LTC are $72.25 and $80.
After that assuming the next altcoin cycle will have been let loose by the Bitcoin bull run, Litcoin has the opportunity to 5x with a year.
It does remain to be seen if Litecoin can keep its Top 10 position by market cap however, with many new (DeFi) players getting all the attention.
Then the next barriers for LTC are $72.25 and $80.
After that assuming the next altcoin cycle will have been let loose by the Bitcoin bull run, Litcoin has the opportunity to 5x with a year.
It does remain to be seen if Litecoin can keep its Top 10 position by market cap however, with many new (DeFi) players getting all the attention.
Comment:
