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.
I believe that Litecoin is a good crypto choice to make at this time. Something like this happened the last time there was a bull run; after everything that happened , litecoin was just moving slowly and when the bullish trends were calm, that’s when Litecoin started it’s own movement and kept moving and breaking records.
So, wouldn’t be a surprise if it is going to repeat the same thing this time around because I am already expecting it to happen again.From the start I have made sure to invest money in litecoin, so it’s in my portfolio in case there should be any bull run that will be breaking the ATH price.