How Litecoin Can Follow DOGE To The Moon And Reach $2,000

THELOGICALINDIAN - With a 1815 access in the 24hour blueprint Dogecoin DOGE is breaking every attrition appear a new alltime aerial On the added duke Litecoin is assuming able drive and according to a banker it could chase DOGEs performance

Investing App Robinhood offers its users the achievability to barter with 6 cryptocurrencies: DOGE, Bitcoin, Ethereum Classic, Bitcoin Cash, Bitcoin SV, and Litecoin. Trader and analyst “Pentoshi” believes DOGE’s accepted amount activity is advancing from this platform.

However, Litecoin has the “best-looking chart” and is amidst the cheapest to buy in Robinhood, said Pentoshi. These two factors could assemble with DOGE and LTC mining cycles. Pentoshi added:

On top of that. $Doge and $LTC is mined together. They are United by blood. Miners can booty profits to LTC and it’s bargain compared to the Robinhood traders added options.

Pentoshi added added that PayPal’s crypto casework accept account LTC’s price. In LTC/BTC trading pair, Pentoshi set abutment in 444,976 satoshis and is aiming at 996,579 satoshis in the continued run. The banker added the afterward on DOGE and LTC mining cycles:

$DOGE and $LTC are mined together. Both accept the aforementioned cycles apparent here: They are alternate and echo their fractals. Litecoin is aloof starting! It’s all there back you zoom out. History artlessly repeats.

#dogecoin money alpha it's circling into $LTC alive now
You adulation to see it pic.twitter.com/zBr1PZ8Ix0
— Pentoshi 🐧wont DM you ltc to 1000 (@Pentosh1) April 16, 2021

Litecoin (LTC) on avenue to $2,000?

Data from IntoTheBlock shows LTC indicators like Net Arrangement Growth, metric to admeasurement Litcoin’s “true” arrangement growth, Large Transactions, Concentration, and others are bullish. The Futures Market Momentum is additionally bullish due to the access in aggregate and accessible interest.

The metric In/Out of the Money About Price indicates added acknowledgment and abutment for LTC about $268 and $287. Over 100,000 LTC addresses bought about 2 actor LTC abreast these levels.

In abutment of the bullish case, crypto banker Kaleo said LTC’s amount to $1,000 is “imminent” and alike set a added ambition against $2,000.

$LTC to $2000 pic.twitter.com/V5n2CindFV
— K A L E O (@CryptoKaleo) April 15, 2021

LTC is trading at $313 with a 12.9% accumulation in the 24-hour chart. In the account and account chart, LTC has 38.6% and 56.1% profits, respectively.

Data from CryptoQuant indicates a acceleration in Coinbase exceptional over the accomplished day. In this platform, there are already orders to advertise LTC at $550 as analyst Eric Thies commented. Therefore, Litecoin investors assume to accept abundant affidavit to abide bullish.