A closely followed crypto strategist believes that the token Litecoin (LTC) focused on payments is able to trigger a strong gaple of increase.
Analyst Ali Martinez told his 130,600 subscribers on the X social media platform that Litecoin seems to be negotiated in a large range between $ 135 and $ 98.
According to Martinez, Litecoin could rally to the upper end of the beach if the LTC remains above its diagonal support during the current correction.
“If Litecoin LTC holds above $ 98, increased purchase pressure at this level could feed a gathering around $ 135!”
At the time of writing, Litecoin is worth $ 101.92.
Martinez also notes that deep pocket investors have engulfed more than $ 43 million in LTC in two days while Litecoin oscillated nearly $ 98.
“The whales bought 430,000 LTC Litecoin in (48 hours)!”
Meanwhile, his other credible crypto analyst is not so optimistic about the LTC, at least in the short term. CREDIBLE shares a graph with its 465,000 subscribers on the social media platform X suggesting that Litecoin could fall below $ 70 where he will probably find the request he needs to trigger a potential rally nearly $ 200.
“I have been patiently waiting for this one since (weeks) now.
Let us see if this withdrawal at all levels will give it to me. »»
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