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Litecoin About To Complete 3rd Ever Golden Cross In History, What Happened The Last 2 Times?

2025-07-04 05:37:41

Main Idea

Litecoin is nearing its third-ever Golden Cross formation, a technical indicator that historically precedes significant price rallies, with analysts predicting potential gains of 200% to 700%.

Key Points

1. Litecoin, often referred to as 'Digital Silver,' is approaching its third Golden Cross formation, where the 50-Week and 200-Week moving averages cross, signaling a bullish trend.

2. Previous Golden Cross formations in 2017 and 2021 led to rallies of 450% and significant price increases, respectively.

3. Analyst Tony 'The Bull' Severino suggests that Litecoin could see a 200% rally, potentially pushing its price above $200, with higher rallies possible based on historical patterns.

4. Currently, Litecoin is trading around $87, and a 450% rally would place its price above $300, while a 700% rally could target $500.

5. The article highlights Litecoin's historical performance and technical indicators as reasons for optimism about its future price movement.

Description

Litecoin, fondly called the ‘Digital Silver’ to Bitcoin’s ‘Digital Gold’ in supporter circles, has quietly slipped under the radar over the last few years. The last time that this altcoin made headlines was back in 2023, which was a halving year. Since then, it has trended below the $100 level as the crypto market has struggled to hold up gains. Now, once again, the altcoin may be gearing up for another major move as it is close to completing a rare Golden Cross formation . Litecoin Golden Cross...

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Litecoin Crypto Crypto news litecoin Litecoin Halving litecoin news Litecoin price LTC LTC news LTC price ltcusd LTCUSDT
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