Last year’s crypto rally which began in April was largely the catalyzed by a major move from Litecoin. Technical signals are now turning bullish for LTC again, so will it repeat the move and boost bitcoin in the process?
Litecoin Turning Bullish
Litcoin was one of the biggest movers in the first half of 2019. The crypto asset surged 380% from $30 to max out at $145 in a pre-halving pump. It was widely reported that Litecoin was the catalyst for the industry wide rally that followed in Q2.
The rest is not worth repeating, as we all know what happened to LTC and nearly every other crypto asset in H2 2019.
A new year brings fresh optimism, as crypto markets touch a 2020 high of $212 billion in their largest 12 hour rally of the year.
Litecoin has made over 9% since the beginning of the year and has topped out at $46 during Asian…
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