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Technical analysis by forclout about Symbol LTC: Buy recommendation (2/1/2025)

https://sahmeto.com/message/3216320
forclout
forclout
Rank: 30694
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Buy،Technical،forclout

I've been an observer of LTC on longer time frames for years and it seems to be potentially setting itself up for a massive move similar to March 2017 in aggressiveness. 8 years of cycles and slashing of mining rewards have finally distributed LTC rewards to the strongest and most determined holders who now are awaiting LTC ETFs to launch where potentially trillions of dollars of new demand can pour into this infinite resource. Lets see if its finally Litecoin's time to shine. Good Luck!If i would have to wager a guess. The washout on Sunday night down to $80~ on LTC was indeed the bottom and we can continue up from here.LTC showing strength while the rest of the market is weak is very telling. We should see a breakout from the $130-140 zone in the near future.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$122.85
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