Famous Analyst Announced His Litecoin Forecast!

Famous cryptocurrency analyst Nicholas Merten announced the altcoin ready to explode in the top 10.

Famous analyst announced his Litecoin forecast. The cryptocurrency market has recently experienced a successful uptrend, and there are analysts who think it will still continue. Litecoin (LTC) still did not experience the expected rise, although Bitcoin (BTC) reached above $ 60,000, Ethereum saw $ 2,000, and even XRP reached above $ 1.

Litecoin Will Attract Attention

Famous analyst Merten pointed out that Litecoin is in turn for the explosion. He pointed out that the Litecoin price will soon outstrip the successful performance of the ETH price, and he said this based on the available data. Having more than 425 thousand followers on YouTube, Merten pointed out that a large part of the altcoin portfolio is in LTC and said: “Litecoin gained 5 times against Ethereum in the previous bull rally. This is incredible data. This is exactly the data that investors should look at right now. In fact, in the current state of the market, you earn this way.” Stating that cryptocurrency investors are currently waiting for a boom in ETH, the analyst pointed out that LTC / ETH parity should be looked at instead of ETH / BTC parity. The price of Litecoin, on the other hand, has been trading at $ 224 from the moment this article was written, and has only increased by 10 percent in the last 7 days. Litecoin is one of the few cryptocurrencies that have not seen the highest level of all time among the altcoins that have been in the industry for a long time. Therefore, investors' expectations for LTC may be quite high.