As a cryptocurrency, Litecoin has longevity behind it, digital scarcity, and a code just like Bitcoin. Yet the altcoin’s reputation has been so tarnished that it has long lagged behind other cryptocurrencies in the market after it was once a clear leader.

 

 

There are signs that this may reverse soon, and according to a fractal from past market cycles, time is running out to accumulate silver as digital gold at such low prices in Bitcoin.

Litecoin preparing to explode

When talking about precious metals, the conversation may focus on gold, but silver is always part of that. In crypto, Bitcoin is definitely the center of attention, but there is Ethereum, Chainlink, and an army of DeFi tokens capturing the interest and excitement.

Litecoin was popular in past bull markets, but now that popularity has declined. Whether it’s because the founder of the asset sold the top of the last rally to its followers or because it has barely moved since its halving, Litecoin has been left in the dark.

But the techniques are lit up once again, and things seem to change for Litecoin. Grayscale Investments is loading altcoin and time is running out to buy it so cheaply, according to a fractal from the last loop shared by a highly sensitive crypto analyst.

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Before writing the fractals, the same analyst predicted that the Bitcoin bull would run beyond the $ 10,000 boom using a similar setup. Orbit puts each Litecoin in a few thousand dollars.

 

Litecoin breaking against bitcoin will allow the dollar to climb

To make things more interesting, another reputable crypto analyst joined the conversation that suddenly occurred around Litecoin. They shared a chart highlighting Altcoin’s Bitcoin trading pair and not a breakout compared to past cycles.

As a cryptocurrency, Litecoin has longevity behind it, digital scarcity, and a code just like Bitcoin. Yet the altcoin’s reputation has been so tarnished that it has long lagged behind other cryptocurrencies in the market after it was once a clear leader.

While this may seem like an immediate drop for Litecoin, all the returns are starting somewhere and the current level seems to be where they started.

Is it finally time for Litecoin to shine? Technical analysis also supports the uptrend under construction. Litecoin forms a massive bottom structure and there is an upward trend in RSI with the bullish reversing the MACD.

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