InvestingScope

Litecoin: Considerable upside potential.

Long
BITFINEX:LTCUSD   Litecoin
LTCUSD is on a strong 1W uptrend (RSI = 55.721, Highs/Lows = 12.2386) following December's bottom. The RSI is still far from its Resistance zone (70 - 74) and the current 1W bullish leg has the potential to reach +796% from the bottom before it consolidates. We expect a figure around 120 by the end of June.






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