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Litecoin has gained momentum in recent weeks, and according to coding analyst Tony, “Taurus” Severino, this may be just the beginning of an explosive mass view. Although Litecoin also started in February a decrease alongside the rest of the encryption market, it has since separated and regained these losses.
This interesting step has seen the price of Litecoin outperformed the performance against Bitcoin. In a joint publication on the X social media platform, Cevirino expects that Litecoin can greatly outperform Bitcoin in the coming months and pump 1500 %.
The growing LTC power against bitcoin
Litecoin remained relatively calm in this market tour, as it caught less attention compared to The highest cryptocurrency such as Bitcoin, Solana and XRP. However, technical analysis shows that LTC has begun to outperform Bitcoin, especially in the past two months.
This trend with Litecoin and Bitcoin It was highlighted by A monthly multi -year monthly scheme shared by encryption analyst Tony Severino. As shown in the graph below, Litcoin / Bitcoin’s pair was in a bullish direction after the bounce line on the lower direction line for his multi -year descending category.
Tony Sevirino indicated that Litecoin will continue to press up in this channel, which will lead to the continued price in Bitcoin’s superiority over the monthly time frame. Regarding the prediction of the price, the analyst noticed two goals for the husband. The first goal is at 0.006275 BTC, which is around the upper direction line of this channel. From here, it is expected that the continued penetration of Litecoin / Bitcoin will lead to the final goal of 0.02 BTC.
As of now, the LTC/BTC pair is traded by about 0.003, which means that the first goal indicates an 110 % increase against Bitcoin, while the ultimate goal indicates an increase of 566 %.
Litecoin price targets if they continue to grow against Bitcoin
The expected performance exceeds Litecoin against Bitcoin Litecoin at all levels. Provided that Bitcoin continues to trade on a $ 100,000 brand, and the LTC/BTC pair continues its upward path, the first goal goal for Litecoin at 0.006275 BTC will coincide with an evaluation of about $ 630. If the husband reaches the final goal of 0.02 BTC, the price may rise to about $ 2000.
This Litecoin scenario is strongly superior to Bitcoin if it continues in the range about $ 100,000, it can lead to the effect of domino and cause the altcoin season. The Altcoin season can cause Bitcoin capital flows to Altcoin market, causing other altcoins superiority over bitcoin.
However, Bitcoin It can eventually start climbing It exceeds $ 100,000. In this case, Litecoin’s relative strength on Litecoin / bitcoin will remain very important. If it continues in the upward trend even while the price of bitcoin is estimated, the price of the goals for Litecoin will be higher. The payment is about 0.006275 or 0.02 in the LTC/BTC pair in the growing bitcoin market will lead to prices exceeding $ 630 and 2000 dollars.
At the time of writing this report, LTC is trading at $ 126 after its recent arrival to the highest level during the day 136 dollars.
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