Analyst Sees 300% Rally Potential for Litecoin This Cycle
The post Analyst Sees 300% Rally Potential for Litecoin This Cycle appeared on BitcoinEthereumNews.com. Litecoin is attracting strong global inflows from major exchanges, including Coinbase, Binance, and Kraken. An analyst believes Litecoin could rise over 300% with the right timing and entry strategy. Litecoin (LTC) is currently attracting attention from analysts, traders, and global investors. Not because of a temporary trend, but because of technical signals and fund movements that are starting to point to one conclusion: this could be the beginning of the next explosion. One analyst who is quite vocal about this potential is Master Ananda. In his long analysis on TradingView, he saw that LTC has the potential to surge more than 300% in the next crypto cycle. Source: Master Ananda on TradingView Litecoin Sees Global Accumulation Across Major Exchanges Interestingly, this belief does not come from wishful thinking. Based on the latest data from CoinGlass, LTC recorded a fairly striking inflow of funds on several major exchanges. Coinbase, for example, experienced an inflow of $1.72 million—the largest figure compared to other exchanges. Source: CoinGlass This is interesting because Coinbase is known as a favorite platform for investors from the United States, who are usually more careful in choosing crypto assets. Just imagine if an inflow of that size came from investors who usually play it safe—there must be something they see in LTC. Binance also recorded an inflow of $532k, followed by Bybit with $394k. These two exchanges tend to be widely used by active traders and derivatives players. Meanwhile, Europe is also not far behind. Kraken and Bitstamp each recorded inflows of hundreds of thousands of dollars, indicating interest from retail and institutional investors who prefer a tighter regulatory environment. Even OKX in Asia recorded an inflow of more than $250k. This means that this is not a local trend. LTC accumulation occurs across continents—from America to Asia. Meanwhile,…
The post Analyst Sees 300% Rally Potential for Litecoin This Cycle appeared on BitcoinEthereumNews.com.
Litecoin is attracting strong global inflows from major exchanges, including Coinbase, Binance, and Kraken. An analyst believes Litecoin could rise over 300% with the right timing and entry strategy. Litecoin (LTC) is currently attracting attention from analysts, traders, and global investors. Not because of a temporary trend, but because of technical signals and fund movements that are starting to point to one conclusion: this could be the beginning of the next explosion. One analyst who is quite vocal about this potential is Master Ananda. In his long analysis on TradingView, he saw that LTC has the potential to surge more than 300% in the next crypto cycle. Source: Master Ananda on TradingView Litecoin Sees Global Accumulation Across Major Exchanges Interestingly, this belief does not come from wishful thinking. Based on the latest data from CoinGlass, LTC recorded a fairly striking inflow of funds on several major exchanges. Coinbase, for example, experienced an inflow of $1.72 million—the largest figure compared to other exchanges. Source: CoinGlass This is interesting because Coinbase is known as a favorite platform for investors from the United States, who are usually more careful in choosing crypto assets. Just imagine if an inflow of that size came from investors who usually play it safe—there must be something they see in LTC. Binance also recorded an inflow of $532k, followed by Bybit with $394k. These two exchanges tend to be widely used by active traders and derivatives players. Meanwhile, Europe is also not far behind. Kraken and Bitstamp each recorded inflows of hundreds of thousands of dollars, indicating interest from retail and institutional investors who prefer a tighter regulatory environment. Even OKX in Asia recorded an inflow of more than $250k. This means that this is not a local trend. LTC accumulation occurs across continents—from America to Asia. Meanwhile,…
What's Your Reaction?
