With the majority of the cryptocurrency market taking a cue from Bitcoin (BTC) and improving its prices, Litecoin (LTC) has been no exception, having recorded an increase of over 20% in the last week, during which it surpassed the $100 threshold.
Taking into account the recent chart patterns of Litecoin, crypto trading expert Michaël van de Poppe has predicted that it will “probably continue running” but that it might first drop to $99-$102 before that happens, as he said in a tweet shared on July 4.
Litecoin price action analysis and prediction. Source: Michaël van de Poppe
At the same time, the self-learning machine algorithm deployed by the crypto tracking platform CoinCodex predicts that Litecoin will, indeed, increase its price in the near future, setting it at $114.58 (+7.08%) in five days, $131.29 in the next month (+22.7%), and $124.33 (+16.2%) in the next three months, suggesting bullish sentiment (76%) and high greed index (64).
Notably, Litecoin is currently trading ab
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