Litecoin value – Litecoin Might Be Subsequent Altcoin to Rally, In response to Peter Brandt | Fintech Zoom


Litecoin value – Litecoin Might Be Subsequent Altcoin to Rally, In response to Peter Brandt

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Alex Dovbnya

Peter Brandt claims Litecoin might revisit its February excessive

Will Litecoin be the subsequent cryptocurrency to steal the highlight? In response to Peter Brandt, this might undoubtedly occur.

The legendary dealer notes that the O.G. altcoin has fashioned an inverse head-and-shoulders sample.

Litecoin
Picture by @PeterLBrandt

A breakout from the aforementioned formation might take LTC to its Feb. 20 excessive of $247, says Brandt. 

Nonetheless, he additionally warns that head-and-shoulders patterns might “fail” or “morph.” The present one could be invalidated in case of a drop beneath the $180 degree. 

Litecoin is at the moment buying and selling at $194 on the Binance alternate after spiking over three p.c.

Charlie Lee throws chilly water on the NFT craze

Final week, Litecoin creator Charlie Lee has weighed in on the joy surrounding non-fungible tokens (NFTs), calling their worth into query:   

A part of the worth of proudly owning a collectible is the status to have the ability to say solely I personal it and may show the collectible. And nobody else on this planet can try this. NFT reduces that worth to solely I personal and may show the certificates of authenticity.   

Previous to that, Lee additionally in contrast NFTs to the notorious preliminary coin providing (ICO) increase in 2017.

Litecoin value – Litecoin Might Be Subsequent Altcoin to Rally, In response to Peter Brandt

Tags: Litecoin value





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