Fun

Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Here’s How

News Feed - 2025-05-25 06:05:13

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


The price of Litecoin has been somewhat indecisive this year, and the past week is a prime example of this disappointing trend. While the world’s largest cryptocurrency, Bitcoin, reached a new all-time high, LTC failed to capitalize on the injection of bullish momentum into the crypto market.


However, a prominent crypto expert has come forward with a claim that Litecoin might be the most undervalued asset in the market at the moment. Interestingly, the altcoin’s price seems set to enjoy a period of strong bullish impetus over the next few months. Here’s Why LTC Price Could Be Set For An Extended Rally


Chartered Market Technician Tony Severino has put forward an exciting prediction for the price trajectory of Litecoin in the coming months. According to the crypto expert, the digital asset could be preparing for an extended bull rally of at least 1,000% — and up to 2,000% — price growth. Related Reading Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K 1 day ago


This bullish projection is based on the movement of the Stochastic Oscillator on the 3-month LTC price chart. The Stochastic Oscillator is an indicator used in technical analysis to gauge price momentum and pinpoint potential trend reversals.


The indicator is usually represented by two lines: %K and %D. %K is a faster line while %D is a smoothed moving average of %K, and they both oscillate between 0 and 100. When the Stochastic Oscillator falls below 20, it implies an oversold market; while values above 80 often indicate an overbought market.


According to Severino, the Litecoin 3-month Stochastic is approaching the 50 mark, which signals rising bullish sentiment for the altcoin’s price. The indicator failed the last time it attempted to cross this level in 2021. Source: @TonyTheBullCMT on X


However, the successful breach of this 50 mark is still historically significant, as it has marked the start of substantial bull rallies in the past. For instance, the altcoin’s price grew by 4,900% when the Litecoin Stochastic crossed the level in 2017.


Severino noted that it is highly unlikely for the price of Litecoin to surge by nearly 5,000% from its current level if the Stochastic Oscillator crosses the 50 level. Nevertheless, the market expert believes the asset’s price could rise by at least 1,000% and up to 2,000% by the end of 2026.


Finally, Severino mentioned that the Litecoin price is in an interesting place, with the asset being one of the most undervalued crypto assets at the moment. Litecoin Price At A Glance


As of this writing, the price of LTC stands at around $96, reflecting an over 5% decline in the past 24 hours. Related Reading When Will Altcoin Season Begin After Bitcoin Price Hit ATH Above $111,000? 1 day ago The price of LTC on the daily timeframe | Source: LTCUSDT chart on TradingView Featured image from Getty, chart from TradingView

News Feed

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
Bitcoin"s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits While bitcoin prices have been lower than the estimated cost of bitcoin production, the network
Are privacy tokens under attack? Aleph Zero co-founder explains
Elisha Owusu Akyaw10 hours agoAre privacy tokens under attack? Aleph Zero co-founder explainsAntoni Zolciak, co-founder of Aleph Zero, explains that delisting privacy-centric cryptocurrencies like Monero is the industry
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead The trustee of the now-defunct crypto exchange, Quadr
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is "Significantly Non-Compliant" The chairman of the U.S. Securities and Exchange Commissio
Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk
Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk Bank of England Deputy Governor Jon Cunliffe believes
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
"Big Short" Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its
Regulated ETH Futures? Not So Fast
Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originall
Price analysis 8/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Rakesh Upadhyay5 hours agoPrice analysis 8/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIBBitcoin’s recovery bounce is losing steam, indicating that the bears remain active at higher levels.2220 Total views25 To
Martin Young4 hours agoTerraform Labs contends Citadel Securities had a hand in its stablecoin collapseTerraform Labs has urged the judge to grant its motion to compel trading data from Citadel Securities, which it says
Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month
Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month During the second week of October, bitcoin market values have maintained prices
Make your code immutable to avoid jail, policy exec advises devs
Brayden Lindrea7 hours agoMake your code immutable to avoid jail, policy exec advises devsSmart contracts that can be turned on and off by a multisignature mechanism or governance vote are potentially problematic, says C
Bybit receives VASP, card operator registration in Argentina
Derek Andersen6 hours agoBybit receives VASP, card operator registration in ArgentinaBybit’s registration as a virtual asset service provider was made possible by a law passed in July.396 Total views6 Total sharesListe