The chart shows a clear pattern of repeated growth cycles for the LTC coin. Each cycle starts from an accumulation zone (marked on the chart), followed by a strong impulsive upward movement.
What does this mean?
After each accumulation phase, we observed significant price increases of 63-78%. Now, LTC is again in the accumulation zone, which could indicate a potential breakout upward.
Potential target:
If the coin repeats its historical behavior, an increase of 60-70% from current levels is expected, which could lead to a price range of approximately $110-120.