Technical analysis by catscharts about Symbol LTC: Buy recommendation (11/29/2024)

Litecoin price action after halvings have been abysmal fortunately that time has come to an end. Price is now at the part of the cycle where BTC rotation into alts will break it out of this behavior. Going off the previous halvings you can see there is much time until "top" is in. 2021 was weak, crypto market as a whole has grown 3.38x since Litecoin hit 400 in 2017; and Litecoin hasn't made an ATH (not great optics). Market as a whole is about to grow another 2-3x, Litecoin has a lot of catching up to do. It'll be up to the algos bidding LTC/BTC at this point. The crypto algos buy with BTC. Assuming it doesn't get sold off should see new ATHs. Wouldn't be surprised to see some insane catalyst. Alts should go nuts in 2025 due to BTC rotation and alt to alt rotation.