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Litecoin, Cosmos, and The Sandbox Poised for Massive Upward Surges According to Analyst

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3 months ago

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  • Popular crypto trader, Litecoin (LTC), Cosmos (ATOM), and the Sandbox (SAND) is showing signs of preparing for upward movements.
  • As per the trader’s analysis, there is a possibility that Litecoin could experience a surge that drives its value up to $110 in the near future

According to a popular crypto trader, Litecoin (LTC), Cosmos (ATOM), and the Sandbox (SAND) is showing signs of preparing for upward movements. The analyst, known as Rekt Capital, who maintains a Twitter following of 347,200 users, suggests that Litecoin, a peer-to-peer payments network, is positioning itself for a fresh price phase. As per the trader’s analysis, there is a possibility that Litecoin could experience a surge that drives its value up to $110 in the near future.

He further stated:

LTC has successfully retested the blue Bull Flag top which has enabled a return into the red-red range. LTC returning into the red-red range means that it could soon follow the remainder of the red path. Phase 1 looks complete, setting itself up for Phase 2

Additionally, Rekt Capital holds a positive outlook on Cosmos, a network of interconnected blockchains built for scalability and interoperability. The trader suggests that ATOM has the potential to increase by over 20% from its current levels. Rekt Capital stated, 

The upward momentum persists, and ATOM remains poised for a promising monthly closure, which could pave the way for a potential return to the $11 range in due course.

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