LTC is using same algo as XRP. Looking at historic data we see LTC in 2017 was laging behind XRP but then played catchup in last phase before reaching the top. SMA50 was good signal - once holding above it path for strong impulse was opened. Price now is again holding and bouncing up from SMA50 (same as XRP did early in 2025). Once we break above major S/R (blue box) expect move to speed up toward ATH where again some consolidation before final push for blowoff top. 1st TP is ATH pivot, 2nd TP is fibb 1.272 and 3rd TP is fibb 1.618 if we are to repeat move from 2017.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.