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© Reuters Renowned crypto analyst sets Litecoins next target at $80 LTC price is on the rise as the total crypto market capitalization increases in the past 24 hours. Michaël van de Poppe has set LTC’s next target at $80. The technical indicators on the daily chart of LTC are still bullish.
The global crypto market capitalization has increased by 0.61% in the last 24 hours according to CoinMarketCap. This raised the collective crypto market capitalization to around $799.27 billion at press time.
One crypto that has contributed to the recent increase in global crypto market capitalization is (LTC), which has increased by 7.48% in the past 24 hours. This impressive daily price movement for the altcoin lifted its price to $74.54 at press time. As a result, the price of LTC has also increased by 7.87% over the past 7 days.
LTC also strengthened against the two crypto market leaders, (BTC) and (ETH), by 5.71% and 5.43% respectively.
Crypto analyst, Michaël van de Poppe (@CryptoMichNL), shared that LTC went “according to plan” according to his previous analysis on the altcoin. The analyst, however, said he “couldn’t get input.”
In yesterday’s tweet, he said there would be a quick rally back to $80 if LTC price breaks above the $72 resistance level, which it has. This means that LTC’s priority…
Renowned crypto analyst’s post sets Litecoin’s (NYSE:) next target at $80 appeared first on Coin Edition.
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