The cryptocurrency market is riding the green wave as most of its assets recover from a crisis sparked by the collapse of FTX, once one of the largest crypto exchanges in the world, with Litecoin (LTC) recording especially significant gains and showing signs of a bright future.
Specifically, the increases that the price of Litecoin has been registering for the past several days are an indicator that the decentralized finance (DeFi) token could secure a rally towards $100, according to the tweet by a pseudonymous crypto trading expert Bitcoin Bull on December 5.
As the crypto analyst explained:
“LTC broke above the rising channel successfully and stayed above for a few days and now bouncing again. Targeting $90-$100 area.”
Litecoin price action analysis and prediction. Source: Bitcoin Bull
On top of that, Litecoin three weeks ago recorded the largest amount of dormant tokens being moved in four years and a decrease in the ageing of the average token investments, which is an “ingre
We współpracy z: https://finbold.com/litecoin-ltc-targets-100-after-successful-breakout/
