Most coins and blockchains in 2024 proved their strength after the bearish season. Today, the altseason has arrived for more than 80-85% of crypto assets. Litecoin is next in line for a bullrun.
For LTC, the start of halving, as usual, led to the weakness of buyers and the strength of bears. We have come to a global zone of interest, in this zone it is worth considering purchases. I expect a reaction from the 0.618 level. On smaller time frames, we should expect divergence signals in the form of a formation on the chart, this is what the market movement...
LTC broke out of critical retracement level that is 0.702 and is expected to start its much awaited parabolic bull run
Targets : 850usd
IF 850 broke then 1200-1500USD is the next target !!!
You can refer to my other ideas for more reference
DYOR !!! This is not investment advise
Twiiter : twitter.com
