Cryptocurrency analyst and trader Rekt Capital speculates that Litecoin’s (LTC) rally is set to continue even after its robust performance over the past few days. The analyst also anticipates a surge up to $2,300 in Ethereum (ETH), the largest altcoin. Expecting Up to $140 Rise in Litecoin Anonymous crypto analyst and trader Rekt Capital suggests that Litecoin is currently following an uptrend scenario that could push its peer-to-peer payment network to a level last seen in January 2022. According to the analyst, LTC’s breach above the major resistance at $93 suggests that the popular altcoin could rise to $140 before the next block reward halving. He commented, “LTC continues its pre-halving rally. LTC has followed the green path quite well so far.” As of the writing of this article, Litecoin trades at $111.97, reflecting a 1.84% rise in the last 24 hours. Block reward halving, which reduces the reward miners […]
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