The post Litecoin (LTC) Price on the Verge of an Explosive Breakout Ahead Of Halving Event appeared first on Coinpedia Fintech News
Renowned crypto trader and analyst, Michael van de Poppe, has shared his insights on Litecoin (LTC) through a Twitter post. Analyzing an LTC chart on TradingView, Poppe noted a significant “sweep of the low” for Litecoin, often referred to as “digital silver” in the cryptocurrency space. To see a potential acceleration in LTC’s price, Poppe suggests that it needs to break through the levels of $98.50 to $99.50.
For #Litecoin, nice sweep of the low.
Crucially, you’d want to break through $98.50-99.50 and then things could accelerate. pic.twitter.com/tWDs9Oigog
— Michaël van de Poppe (@CryptoMichNL) July 11, 2023
Anticipating the Upcoming Litecoin Halving Event
Litecoin is approaching a halving event, which occurs every four years similar to Bitcoin. This event, scheduled for August 2nd, will reduce the amount of LTC produced (i.e., miners’
We współpracy z: https://coinpedia.org/price-analysis/litecoin-ltc-price-on-the-verge-of-an-explosive-breakout-ahead-of-halving-event/
