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13 May 2021

This Analyst Predicts Massive Litecoin Rally And “Mental” Impact On Non Holders

This Analyst Predicts Massive Litecoin Rally And “Mental” Impact On Non Holders


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Litecoin goes against the general market sentiment with a 24.5% and 57% rally in the higher timeframes.

Anonymous trader Julio_LTC has set support for LTC at $280 with a price target set at $330.

Therefore, Litecoin’s rally could experience a cool-off or further appreciation if ETH leads the price action.

Additional data provided by IntoTheBlock with their In/Out of the Money Around Price (IOMAP), an indicator to visualized clusters of Litecoin’s price distribution, records potential price support at $259 and $269 with over 5.96 million LTC bought by 103,000 addresses around these levels

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