Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
The Daily Hodl 2025-02-12 08:04:41

Analyst Predicts Litecoin Rallies, Says LTC Looks ‘Very Strong’ Against US Dollar – Here’s His Outlook

Analyst Predicts Litecoin Rallies, Says LTC Looks ‘Very Strong’ Against US Dollar – Here’s His Outlook

A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks Litecoin ( LTC ) is gearing up for a big burst to the upside. Pseudonymous analyst Bluntz tells his 315,900 followers on the social media platform X that looks bullish against the US dollar and Bitcoin ( BTC ). According to the trader, LTC appears to have completed an ABC corrective wave against the US dollar while flashing a bullish swing failure pattern (SFP) on its Bitcoin pair. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a fresh five-wave rally after completing an ABC correction. Meanwhile, a bullish SFP is a reversal signal indicating that sellers tried to push the price of an asset down but strong demand pushed prices higher. Says Bluntz, “LTC of all things is trading like the market knows an ETF (exchange-traded fund) is imminent, very strong against USD pair and a weekly SFP on the BTC pair. I haven’t seen something that looks as clearly bullish as this in a while.” Source: Bluntz/X Looking at the trader’s chart, he seems to predict that Litecoin will shatter resistance at $147, retest it as support and rally to $180 – a level last seen during the 2021 bull market. Bluntz is not the only trader who is bullish on Litecoin. In December, veteran trader Peter Brandt told his 777,300 followers on the social media platform X that Litecoin “has the potential to become another powerful chart” after LTC surged above $100. At time of writing, Litecoin is trading for $119.60. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Analyst Predicts Litecoin Rallies, Says LTC Looks ‘Very Strong’ Against US Dollar – Here’s His Outlook appeared first on The Daily Hodl .

Most Read News



Cryptohopper
Market Cap
24h Vol
60.37%
Bitcoin Share
220
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.