Litecoin Forming Ultimate Alpha Bullish Setup, Says Top Analyst Nicholas Merten

By Daily Hodl Staff9 days ago


Popular trader Nicholas Merten says Litecoin (LTC) is poised to significantly outperform Ethereum over the course of the next month.

In a new DataDash video, Merten notes that LTC appears to be bottoming out against Ethereum. The trader reveals that he allocated a significant chunk of his portfolio into the Bitcoin fork as he believes it may rise significantly in its ETH pair.

Though the Merten does not provide a Litecoin price prediction, one chart Merten shares shows Litecoin surging towards $2,000 in the near future. LTC is currently trading around $220, according to CoinMarketCap.

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