You Know The Market Is Bullish When Even Litecoin Is Pumping
The post You Know The Market Is Bullish When Even Litecoin Is Pumping appeared on BitcoinEthereumNews.com.
SPONSORED POST* The current market sentiment is bearish and Litecoin (LTC) has gained considerably. As investors’ confidence grows, crucial opportunities are emerging across cryptocurrencies from crypto insiders. This interest surge is not just observed for established players like Litecoin and FET but also in emerging projects such as Rollblock (RBLK). With this kind of fluctuating market, sensible investors are positioning themselves to make the most of the drive-up and also pocket a little cryptocurrency market profits with these altcoins. Litecoin (LTC) Is On A Mini Bull Run Canary Capital filed registration documents with US regulators for a spot Litecoin exchange-traded fund (ETF). These filings have been filed since October 15th. This particular move is a pattern among recommended ETFs targeting alternative cryptos ahead of the US presidential election in November. Canary’s ETF tracks the CoinDesk Litecoin Price Index (LTX) and tracks Litecoin’s market movements directly. Litecoin (LTC) is moving continuously higher during recent trading, up 15.63%. It currently trades at $74.88, reflecting its substantial gains. This price increase signals a bullish trend in the short term. Analysts expect Litecoin to continue its upward trajectory due to this positive momentum. Experts believe that LTC could reach a price of $94.88 soon. Artificial Superintelligence Alliance (FET) Has Enjoyed 12% Gains This Year The Artificial Superintelligence Alliance (FET) has delivered a 12.6% return this year, making it one of the top AI tokens to watch. Most FET tokens are now unlocked and circulating, so the available liquidity has little impact on the current market trend. Despite this liquidity, the bullish trend in the FET token is gaining strength. A short-term support trendline is driving this bullish momentum, preparing the AI token for a significant surge. The 50-day and 200-day EMA for FET are poised for a bullish crossover, along with the MACD and…
Filed under: News - @ October 24, 2024 8:23 am