Next Level

Litecoin

Show

Coin

<p>According to <a href="https://twitter.com/mdtrade/status/1779422540533740025?t=VWN95iZc6Y_FklS0cBGP-A&amp;s=19" target="_blank" rel="nofollow">Matthew Dixon</a>, the CEO of Evai, Litecoin (LTC) appears to have completed its third wave correction, paving the way for a potential bullish rally. With LTC currently trading at around $77, Dixon believes that the cryptocurrency is likely to experience three waves of upward momentum, propelling its price beyond the $111.66 level, representing a potential gain of over 40%.</p> 
<p>Litecoin’s Corrective Phase: In his analysis, Dixon suggests that Litecoin has undergone a corrective phase, characterized by three distinct waves. Corrections are typically seen as temporary pullbacks or consolidation periods within a larger uptrend or downtrend. The completion of this three-wave correction suggests that the bearish sentiment has subsided, and the bulls are now poised to regain control of the market.</p> 
<p>Bullish Outlook: Dixon’s assessment indicates that Litecoin is now positioned for a strong bullish move, with the potential to surpass the $111.66 level. This target represents a significant upside of approximately 40% from the current trading price of $77.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>Wave Analysis: Dixon’s analysis is based on the principles of Elliott Wave Theory, a technical analysis tool used to identify recurring patterns in price movements. The theory suggests that market trends unfold in a series of waves, with corrective waves occurring within the larger trend.</p> 
<p>By identifying the completion of the third wave correction, Dixon is implying that Litecoin has completed its temporary pullback and is now poised to resume its upward trajectory, potentially entering a new impulsive wave that could drive prices higher.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="694" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-1024x694.png" alt="" class="wp-image-474904" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-1024x694.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-300x203.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-767x520.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-1536x1041.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-2048x1388.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-221x150.png 221w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-516x350.png 516w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728-788x534.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-728.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Litecoin’s Fundamentals: While technical analysis plays a crucial role in Dixon’s assessment, it is important to note that the performance of cryptocurrencies is also influenced by various fundamental factors. Litecoin’s underlying technology, adoption rates, and overall market sentiment can all contribute to its price movements.</p> 
<p>As the analysis focuses primarily on the technical aspects, investors should also consider conducting their own research on Litecoin’s fundamentals and overall market conditions before making any investment decisions.</p> 
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram community.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/ltc-completes-third-wave-correction-litecoin-bulls-now-ready-for-40-spike-to-this-next-level/">LTC Completes Third Wave Correction; Litecoin Bulls Now Ready for +40% Spike to This Next Level</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

LTC Completes Third Wave Correction; Litecoin Bulls Now Ready for +40% Spike to This Next Level

Table of Contents

CaptainAltcoin

Autres articles publiés le 14 avr. 2024

Michael Saylor Foresees Geopolitical Clash as a Boost to Bitcoin

Will Solana Price Soar to $120? Multiple Support Sets Stage for Relief Rally

Gestalt: Steam & Cinder Demo Released

Bitcoin dip causes liquidation of $256 million worth of long positions

Bitcoin Price Prospects: Expert Predictions and Market Indicators

Ethereum Whales Go On Buying Spree As Market Crash Leaves Retail Panicking

Join our free newsletter for daily crypto updates!