In Litecoin, which continues to rise by competing positively from the Bitcoin and crypto money market, expectations are intensifying for LTC to exceed $ 100.
Because LTC's halving will take place in August.
As it is known, a big rise is seen in cryptocurrencies with halving before halving. In this context, it is expected that there will be a great rise in Litecoin by separating it positively from the market.
LTC has been rising steadily in recent days, rising from $80 to $90 levels.
Evaluating the recent rise of LTC, well-known crypto analyst Pentoshi stated that he expects LTC to rise to the level of $ 138 in his post on his twitter account.
Adding a chart showing that LTC has risen to $138 in his share, the analyst said:
“I don't know if history repeats itself or not, but it often repeats itself.
I wouldn't be surprised if I see something like this in Litecoin in the next 8-10 weeks."
$LTC
History doesn't repeat itself but it often rhymesI wouldn't be surprised to see something like this in the next 8-10 weeks pic.twitter.com/FeYa1Opdwq
— Pentoshi 🐧 euroPeng 🇪🇺 (@Pentosh1) May 17, 2023
The analyst also added a chart showing LTC's halving 73 days left.
LTC, which closed the last 4 days with a green candle, has increased by 3.40% in the last 24 hours and continues to be traded at $ 91.75 at the time of writing.
*Not investment advice.
