Litecoin: Your Altcoin ChoiceAn ultra long-term accumulation zone has been activated. Litecoin has been producing higher lows since 2018.
Right now we are looking at a major, major buy opportunity. Likely the lowest price before the start of the 2025 bull-market.
Litecoin just activated its 2022-2024 buy-accumulation-support zone. A very long, wide and strong zone.
I don't think there is much to say about Litecoin other than the time is right and the time is ripe. Growth can only happen after the completion of a bearish wave. A bearish wave is exactly what is seen on the chart now between December '24 and present day, with the bottom being hit just two days ago on April 7. This is no "bear market" as Litecoin has been sideways long-term as it can be seen clearly on this chart.
Long-term consolidation can only happen for so long. Litecoin bottomed in June 2022, almost three years and a half ago. This is the longest accumulation phase ever, and this in-turn will produce a bull market that is equally strong.
A new All-Time High is definitely on the cards for this year. This is true for Litecoin as it is true for Bitcoin, Ethereum, Cardano and most of the Altcoins market.
It is still early though and I know it is easy to doubt, and this is ok. But this long-term view of the chart leaves no room for doubt, the market has been rising from its base. Long-term higher lows, since December 2018, a signal of strength. The last bullish jump was the "initial bullish breakout," it tends to happen before the bull market phase.
The bull market is the cycle when everything grows.
A bull market tends to end in a bull-run.
A bull-run means euphoria across the market. Maximum bullish momentum accompanied with maximum growth.
We are getting so close now. We are looking good and we are looking up.
My recommendation stays, buy and hold.
Go all-in 100% Crypto.
Plan ahead if you decide to trade anything other than spot.
Spot is an easy buy and hold focusing on the long-term.
Leverage (margin) can be more complex and everything can be lost with a mistake. If you have any doubts, do not use this system for now. Only use it with profits or money to spare.
Right now is the time to secure very good and strong entry prices before the best since 2021. It will be amazing.
Thank you for reading.
Litecoin, a great Altcoin Choice!
Namaste.
