LTCUSDT (Litecoin) is coming out of our long-term accumulation zone, a price range we defined back in August 2024, you can see more below:
✴️ Litecoin Pre-2025 Bull-Market Accumulation Zone & Strategy
Now that Litecoin is out of this massive, long-term price range, we can fully consider the bullish scenario and growth potential.
As you can see here, the market bottom happened June 2022 and a definitive higher low August 2024. Prices grew slowly (accumulation) between August and November, and now we are in the early stages of the bullish zone.
Litecoin is going bullish but it is still early. I say accumulation for long-term is still good below $100, but the best possible prices are now behind us. These can be activated again on a strong swing but likely they won't.
Bitcoin is ultra-bullish and volume is rising for the first time in month. For example, this week LTCUSDT will end up producing the highest buy volume since March 2024, that's eight months ago.
Coming from a recovery wave, 8 months of correction is all that is needed and eight months are now gone. Welcome to the bull-market. Very early; prepare for maximum growth.
Buying should be done in late 2024. Only two months left.
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