Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast

Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast
Both experienced traders and experts are drawn to Litecoin (LTC). Declaring it “about time for LTC to wake up,” John Bollinger, the author of the well-known Bollinger Bands, recently hinted to an upcoming change for LTC. As Bollinger examined Litecoin’s monthly chart using his own method, this enigmatic signal laid the ground for a possible price rise. Related Reading: Cosmos (ATOM) Set For 50% Rally After Recent Plunge, Analyst Eyes $12 Target Focusing on the narrowing of the Bollinger Bands—a main signal of low market volatility— Bollinger’s study implies Litecoin could be about to undergo a notable price movement. His guidance on changing the logarithmic scale for a more exact data interpretation emphasizes the complex character of crypto research. Given that the lower Bollinger Band is almost zero, the stage is prepared for a possible breakout as historically such circumstances usually precede significant price changes. Squeezy, squeezy. About time for LTC to wake up. — John Bollinger (@bbands) July 22, 2024 Snapshot Of The Current Markets With a market capitalisation of $5.35 billion and a current trading price of $73.27 Lite ..

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