Crypto Analyst Sets Date For New Bitcoin High, Litecoin To Benefit From the Bitcoin Rally
Bitcoin analyst, CryptoCon, in a recent tweet, has revealed that Bitcoin would set a new all-time high in the latter part of 2024. Given Bitcoin’s correlation with altcoins, Litecoin, and a new token, Meme Moguls could capitalize on Bitcoin’s positive growth.
Bitcoin (BTC) Analyst Weigh in on Coin’s Price
On November 29, Bitcoin price reached $38,350, its highest point since early May 2022. This came after a Bitcoin analyst, CryptoCon, stated that November 28 was the most crucial day for Bitcoin.
According to him, all market cycles revolve around the date of the first Bitcoin halving. On November 28, 2012, the first halving occurred.
He projected that a noteworthy price peak would transpire roughly 21 days prior to or subsequent to July 9, 2024. Then, he said, by the end of November the following year, a new all-time high would probably be attained.
Another expert going by the name “Captain Faibik” contended that Bitcoin’s $38,000 resistance has become feeble and may soon yield. He projected that by December, the price of Bitcoin might hit $41,000.
Famous Trader Forecasts Huge Breakout for Litecoin (LTC)
John Bollinger, a famous trader known for creating Bollinger Bands, has weighed in on Litecoin price growth. He expressed worries about how Litecoin performed compared to Bitcoin in the past.
Litecoin, also called “digital silver”, boasts faster transaction speed and lower fees than Bitcoin. Unfortunately, there has been a decline in the value of Litecoin.
Bollinger’s analysis indicates that the pattern generated by Litecoin is a “2 bar reversal”. There may be a change in trends indicated by this pattern.
The Litecoin chart’s pattern may point to a momentary change in sentiment. Consequently, the value of Litecoin may increase in the upcoming months. According to CoinGecko, the cost of Litecoin has climbed the $70 mark. It is now valued between $67.24 and $71.86 on the seven-day chart.
Meme Moguls (MGLS) Raised Over 250,000 USDT
In recent weeks, many different types of people, including analysts, traders, gamers, and meme enthusiasts, started to take notice of Meme Moguls (MGLS). The project was created to give the crypto community unprecedented access to meme-related assets and online games. It was created to unify the fast-growing meme sector.
Meme Moguls has announced plans to create the first stock exchange for meme-related assets in the world. On this stock exchange, people could trade meme-related items and earn tokens while engaging with other meme enthusiasts. Another interesting feature of Meme Moguls was “Mogul Land.”
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This virtual world allows users to explore, socialize, mine, and invest their tokens. Staking, a way to earn money passively in the crypto world, was also available on the Meme Moguls platform. Finally, Meme Moguls offered an exciting gaming experience with tournaments and competitions. This made the platform competitive and allowed users to test their skills to win rewards.
Whether you were interested in trading memes or playing games, Meme Moguls promised a fun time. Currently, during its beta presale phase, MGLS tokens were priced at only $0.0021 after increasing from $0.0019. Experts have foreseen a price jump of 1,000% in the next months.
The Meme Moguls platform has raised over 250,000 USDT from the presale thus far. The project reached the milestone based on support from the crypto community.
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Source: https://www.analyticsinsight.net/litecoin-set-for-gains-as-analyst-predicts-time-for-new-bitcoin-ath/