The course of Litecoin is rising and the cryptocurrency seems to be on the right track. However, because of the strong price increases up to 20% expect the price to come back a bit, for example due to profit taking.
Does investing in LTC still make sense? Investors believe in cryptocurrency
The LTC forecast looks good, but there is a risk of price reversals. The price of LTC performed well during the year, but is still suffering from the current environment. This has improved significantly recently, and LTC continues to benefit from it.
In this context, it is also interesting that 13% of all LTC has not been changed in the last 5 years The original buyers have and still own them.
The average The $LTC holding period is 2.1 years. Therefore it seems that investors have great faith in the cryptocurrency.
Did you know that almost 13% of all @litecoin in circulation that has not been moved in more than 5 years? To put that into perspective, it’s the average holding time $LTC which is 2.1 years. What do you think: Restless confidence or lost coins?
Dive deeper: 📖 https://t.co/DPNKnok91M pic.twitter.com/7cvYFkG5yl— IntoTheBlock (@intotheblock) July 4, 2023
Litecoin is one of the leading coins on the market. The cryptocurrency is ranked 13th in market capitalization.
However, the token, like other coins, depends on Bitcoin and Co. $LTC only benefits if the crypto market is doing well.
New cryptocurrencies often offer more options here. New cryptocurrencies often offer one Opportunity for further returnsmainly because the price of these coins has not yet risen as much as established cryptocurrencies such as Litecoin.
Bitcoin is leading, but new cryptocurrencies offer a great opportunity for returns
Above all, Bitcoin tends to be responsible for the direction of all crypto affairs. This year, the “key crypto currency” was very volatile, but positive. Ultimately, all other promising cryptocurrencies such as Litecoin also benefit from this.
The launch of coins was particularly successful this year. Various analysts see the possibility of doubling the price of Litecoin.
The Litecoin peer-to-peer payment network has already been broken through some technical resistance. Generally could LTC increase to $250. That was an increase of more than 135% from the current price. So there is definitely room for improvement.
Your welcome pic.twitter.com/aikZXttzHM
— Shan Belew Ⓜ️🕸 (@MASTERBTCLTC) July 4, 2023
Litecoin has crossed the 200 week moving average and the exponential moving average.
At the same time, the Break for $100. So the coin has a new one Record set in 2023t. The next one The target price is $180 and then at $250.
Is the AI forecasting platform yPredict profitable? Many analysts see it that way
If you are interested in an alternative to $LTC, which may be much stronger in price, you should take a closer look at the crypto pre-sale of the AI price prediction platform yPredict. Pre-sales are now underway exceeded $2.7 million.
📣 yPredict Unveils a Revolutionary AI-Driven Backlink Model, Disrupting Crypto and Marketing Sectors!
🚀 Witness the power of AI and blockchain technology with yPredict, as they launch their game-changing backlink model. This cutting-edge solution has the potential to skyrocket… pic.twitter.com/AINnjAnfOQ
— yPredict.ai (@yPredictCS) July 4, 2023
What is particularly interesting in this area is that the project is in the field of AI analysis. At the moment, business models based on AI technologies are of course more than popular, and of course a crypto platform that can create price forecasts based on AI is more than interesting.
In order to bet on the right cryptocurrency, investors and professional investors have to rely more and more on the AI prediction leave, as there is a huge potential for prices to rise here, as AIs can process all the relevant information.
yPredict pre-sale break record after record. If the A grand total of $6.5 million reached, the pre-sale also ends. For this reason, interested investors should make a decision quickly and start pre-selling.
The price predictions for the cryptocurrency look positive. The website is due to be released later this year.
AI technologies help in price forecasts and buying of cryptocurrencies
By using yPredict, investors will be able to use different AI-backed signals in the future. In this context, the platform recognizes numerous patterns and can inform investors about buying or selling cryptocurrencies.
Modern predictive models and data help yPredict make the right decisions. The platform can read trading signals, calculate them and display them to users in a simple form. The prices for the upcoming stages are planned as follows:
- Step 6: 15 million tokens – Price $0.09
- Step 7: 16 million tokens – Price $0.10
- Step 8: 17.5 million tokens – Price $0.011
The cryptocurrency can be bought with ETH, MATIC and BNB. Anyone who wants to benefit from the AI boom should join the project. Those who participate in the pre-sale can earn some returns before the $YPRED token is traded on the major crypto exchanges.
Cryptocurrencies with potential in 2023
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Cryptocurrencies are a highly volatile, unregulated investment product. Your capital is at risk.
