LitecoinLong
$LTC Path to ATH
Updated
Litecoin faces major resistance at $110. With a break of $110 we can expect to see a recovery back to previous highs. Once Bitcoin breaks 100k the altcoin rally may likely begin.
Traditionally I would be looking at the main 3 plus a innovative cryptocurrency. Last cycle it was Bitcoin, Litecoin, and Ethereum with Solana as my plus one. This cycle I am taking Bitcoin, Litecoin, and Solana replacing ETH with Chainlink as my plus one.
Some things to keep in mind:
Traditionally I would be looking at the main 3 plus a innovative cryptocurrency. Last cycle it was Bitcoin, Litecoin, and Ethereum with Solana as my plus one. This cycle I am taking Bitcoin, Litecoin, and Solana replacing ETH with Chainlink as my plus one.
Some things to keep in mind:
- Hashrate at ATH
- Golden cross on the Daily
- ETF Potential
- Reliability
- Historical presence
Note
Although Litecoin has suffered over the years in terms of price, I have always preferred to use it over Bitcoin for the actually purpose of money. It is widely adopted and I have always enjoyed using it. I wouldn't be surprised to see it pulse up to $400 again. Solana has been a welcomed surprised and Bitcoin is right on track. Chainlink is doing some wonderful things and I'd like to see where it goes. Trade active
As long as Bitcoin holds around 100k, Litecoin should continue to melt up. Support at $110.
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