New Litecoin Fractal Shows Time Is Running Out To Accumulate

The new litecoin fractal shows that the time is running out to accumulate on the low prices but the reputation of the coin was so tarnished that it lagged behind the rest of the market after being the clear leader in the space for a while so let’s read more about it in the latest Litecoin news today.

The signs are mounting that this could reverse soon and according to the new Litecoin fractal from the past market cycles, the time is running out to accumulate the silver to BTC as the digital gold is at low prices. Talking about precious metals, the conversation could focus on gold but silver was always a part of it. Bitcoin steals the limelight but its Chainlink, Ethereum, and other DeFi tokens captured the interest and excitement.

Litecoin was popular in the past bull market but this last one was not so great. Whether it was due to the founder selling the top of the rally on his followers or the fact that he didn’t move since the halving, LTC stayed in the dark. Technicals are boosting once again but it seems that there are things that will change for LTC as Grayscale Investments was loading up on the altcoin and as per the fractal of the last cycle, the time is running out to purchase some this cheap.

The same analyst predicted that the BTC bull run from $10K breakout to beyond is forming in a similar setup and the trajectory put each LTC a thousand dollars. What makes the things more interesting is that another analyst noted by sharing a chart outlining the altcoin’s BTC trading pair which lacks a breakout compared to the other cycles.  This could be as bearish for LTC as for other coins with all reversals starting somewhere and the current level showing up as where they start.

Is this the perfect time to shine? The technical analysis supports a bullish breakout in the making as LTC was forming a huge bottoming structure and there’s also a bullish divergence on the RSI along with the MACD turning bullish.