Can Litecoin Achieve a 100% Surge? Technical Insights Explained

Can Litecoin Achieve a 100% Surge? Technical Insights Explained

Litecoin’s (LTC) bullish wave is expected to deliver over 100% growth in the coming weeks.
Historical trends and potential ETF developments suggest significant upside potential for Litecoin during the current bullish phase.
According to an analysis by prominent crypto analyst Alan Santana on TradingView, Litecoin (LTC) is primed for a strong bullish wave. Santana underlines that the present upswing, which started in late November and bottomed out in August 2024, is still present.
Over two weeks, this wave lately underwent a 40% decline that triggered the important 0.618 Fibonacci retracement level. Santana says this retraction indicates the corrective low is probably already set.
Source: Alan Santana on TradingView
Short-Term Challenges, Long-Term Optimism for Litecoin 
Santana further notes that although Litecoin has finished four straight green trading days, the market is short-term volatile. He lists a number of possibilities. LTC might continue rising or experience a small rise

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