Litecoin Poised for Significant Upside, Says Crypto Analyst
- A crypto strategist, known as Bluntz, suggests Litecoin (LTC) is set for a substantial rise.
- Bluntz has 315,900 followers on the social media platform X.
- LTC has completed an ABC corrective wave against the US dollar and shows a bullish swing failure pattern (SFP) against Bitcoin.
- The analyst predicts LTC will break resistance at $147 and rally to $180.
- At the time of writing, Litecoin is trading at $119.60.
According to Bluntz’s analysis using Elliott Wave theory, Litecoin is positioned for a potential rally after completing an ABC correction and showing strong demand signals against both USD and BTC pairs. At present, LTC trades at $119.60.
Source (2.6)https://dailyhodl.com/2025/02/12/analyst-predicts-litecoin-rallies-says-ltc-looks-very-strong-against-us-dollar-heres-his-outlook/?rand=59076
