☀️Cryptocurrency analyst said Litecoin is about to rise to the level of XRP, as follows

Cryptocurrency analyst Tony Severino said that Litecoin is about to rise to XRP, indicating that the token may soon experience a parabolic rebound. The analyst mentioned the bullish indicator on the LTC chart, indicating that cryptocurrency may experience this parabolic rebound.

🌊 In a post by Tony Severino, it is stated that Litecoin is about to rise to XRP and that the Cryptocurrency is currently above the monthly Bollinger Band. This indicates that LTC has undergone the necessary price adjustment and is now well prepared for a bullish reversal. The charts accompanying the analyst's analysis show that an upward trend of the Cryptocurrency has formed on the monthly chart.

Severino did not give a target price for how high Litecoin could pump in this pump trend. However, the chart shows that the price levels of $150 and $300 are within reach, paving the way for LTC to pump to its current all-time high (ATH) of $412. It is worth mentioning that this cryptocurrency analyst recently conducted a similar analysis for XRP.

⚡️Before this, Severino mentioned that XRP was slightly above the monthly Bollinger Band upper rail, and the Bollinger Band width began to expand from the narrowest level in XRP history. He added that this would be shocking. Since then, XRP has experienced a parabolic pump of over 200%, currently exceeding the $2 mark, and analysts' charts indicate that Cryptocurrency may exceed this level.
Therefore, this Litecoin analysis is definitely worth following, as Cryptocurrency analysts predict that LTC will drive XRP. Litecoin has not yet enjoyed the Bull Market, although it seems to be catching up, considering that it has pumped more than 24% in the past seven days.

What is the next dinosaur coin to be launched?
Like Severino, cryptocurrency analyst Crypto Snorlax also believes that Litecoin will be the next 'dinosaur coin' to experience a parabolic Rebound. In a post, the analyst focused on a comparison chart of XRP PA and LTC PA. Based on this analysis, Crypto Snorlax revealed two interesting findings.

First, he pointed out that there is a strong correlation between old altcoins. With XRP pumping 5 times from the bottom, analysts expect Litecoin to follow soon. Secondly, Crypto Snorlax revealed that Litecoin has just broken through $115, which is a 18-month resistance level.
Therefore, Litecoin has prepared for a significant pump as it has converted this resistance level into a support level. Analysts' appendix shows that LTC's price may pump three times, reaching up to $450, marking a new high for the Crypto Asset.
According to CoinMarketCap's data, at the time of writing this article, the trading price of Litecoin is about $121, and it has pumped over 20% in the past 24 hours.
(tv-NewsBTC)