BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Crypto Strategist Justin Bennett Predicts Litecoin To Outperform Bitcoin, Issues Warning on Ethereum

Crypto Strategist Justin Bennett Predicts Litecoin To Outperform Bitcoin, Issues Warning on Ethereum
A widely followed crypto trader is expressing positive sentiment toward Bitcoin ( BTC ) alternative Litecoin ( LTC ).
Crypto strategist Justin Bennett tells his 111,800 Twitter followers that he is bullish on Litecoin and expects the 14th-largest crypto asset by market cap to even outperform the king crypto.

According to the analyst, LTC is likely to continue holding between a low of around $30 as its support and $465 as its resistance zone into 2023, a pattern it displayed in 2022.
“I’m bullish on LTC in the short term, especially against BTC, but there’s no reason to think we won’t see this play out again in 2023.”
Source: Justin Bennett/Twitter
Litecoin is trading at $76.81 at time of writing while Bitcoin is changing hands at $16,994. The Litecoin/Bitcoin (LTC/BTC) pair is up by nearly 70% over the past 30 days and by more than 20% in the last two weeks.
Turning to Ethereum ( ETH ), the crypto analyst says that the second-largest digital asset by market cap is likely to fall after hitting local highs, mirroring its price action last month.
“I mentioned this to members yesterday, but ETH has formed a similar pattern to what we saw in late November.
Run the local highs to trap longs and then reverse.”
Source: Justin Bennett/Twitter
Based on his Ethereum charts, the crypto analyst appears to be suggesting that the leading smart contract platform is on track to reach the local high of around $1,320 before falling back to the $1,240 price.
Ethereum is trading at $1,282 at time of writing.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter , Facebook and Telegram

Surf The Daily Hodl Mix



Check Latest News Headlines

 


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/NeoLeo
The post Crypto Strategist Justin Bennett Predicts Litecoin To Outperform Bitcoin, Issues Warning on Ethereum appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Crypto Strategist Justin Bennett Predicts Litecoin To Outperform Bitcoin, Issues Warning on Ethereum


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



SneakPeek Script
Setup, Upload and Go!