Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin’s gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly. 
Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing its monthly candlestick formations, the analyst said what’s panning out are signs of an imminent breakout that could propel the coin higher in the coming weeks.
Litecoin About To Rip Higher?
Specifically, Tony “The Bull” said what’s printing out in the monthly chart is “insanely bullish” for Litecoin. This outlook is warming for Litecoin Bulls, considering its drab performance in 2023 when prices consolidated before tanking in the second half. 

The researcher also shared another chart, predicting that the crypto community is “close to witnessing something impressive.” The analyst’s enthusiasm echoes earlier a

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