LITECOIN's turn?
And after the massive rise of DOGE and also to a lesser extent of ETHEREUM, the next altcoin that seems to want to leave its previous ATH is LITECOIN. We have spent a few days of uncertainty where it seemed that the market could collapse, however, LITECOIN has continued to rise until again breaking its maximum of the present year. If the total market cap continues at the current or higher levels and while BTC is losing dominance, it would not be unusual to see this token touching 1000 USD despite the fact that, like DOGE, it does not contribute anything new to the blockchain ecosystem that differentiates it from BITCOIN .
It is also good to indicate the growth of interest that is appreciated in the futures markets, specifically in BINANCE.
When the rise in price is accompanied by the rise in the Open Interest, this usually indicates a good rally at the doorstep.
ALTCOIN Season is not yet finished, we should see massive gains in all major altcoins, being LTC one of them.
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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