Litecoin (LTC) may be poised for a significant price increase, potentially reaching $375, according to a prominent crypto analyst. The analyst notes that Litecoin's price chart closely mirrors that of Monero (XMR), which recently hit a new all-time high of $596.87. Monero's price has surged over 75% in the past 30 days, driven by increased interest in privacy tokens.
The analyst highlights that both Litecoin and Monero peaked in the same weeks in 2017 and 2021, with Litecoin showing similar strength since the 2022 bear market bottom. This pattern suggests a potential bullish run for Litecoin, echoing Monero's recent performance. As altseason expectations rise, traders are closely watching Litecoin for a possible breakout.
Analyst Predicts Litecoin Surge to $375 Following Monero's Rally
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