Veteran Dealer John Bollinger Says Litecoin Has Woken Up



Analytics


In a latest tweet, well-known dealer John Bollinger has famous that Litecoin (LTC) has “woken up.”

The worth of one of many oldest altcoins is up 3.7% over the previous 24 hours. It’s at the moment buying and selling at $76.97 on the Binance alternate.

In the meantime, Bitcoin (BTC), the most important cryptocurrency, stays dormant, including a mere 1.3%.card

As reported by U.At the moment, Litecoin not too long ago skilled a big rally final week. Previous to that, giant addresses amassed greater than $40 million value of LTC inside simply two weeks. Earlier this month, Texas-based cash switch large MoneyGram additionally allowed its clients to purchase and promote the O.G. altcoin on its cellular app.

The “silver to Bitcoin’s gold” not too long ago surpassed meme coin Shiba Inu (SHIB) by market capitalization, climbing to thirteenth place.

Final month, Bollinger, who’s greatest identified for the Bollinger Bands indicator, noticed a squeeze on the Litecoin chart.

Regardless of outperforming the remainder of the cryptocurrency market in latest weeks, LTC remains to be down 81.26% from its all-time excessive of $410.26 which was achieved final week.




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