Post
Topic
Board Altcoin Discussion
Re: Is Litecoin Ready for a Major Breakout?
by
articlecity
on 28/12/2020, 18:17:00 UTC


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.


Yeah it isalreading moving and momentum is good it looks like ltc is the next one to follow btc towards its path to moon but if we check critically the price is still way below previous high price so it still has a lot to do.