Cryptocurrency Forecast 2024 – Bitcoin Cash (BCH) and Litecoin (LTC): The Bullish Predictions You Need to Know
Cryptocurrency Forecast 2024 – The cryptocurrency market could close the year with its most significant price pump in years, as analysts are unveiling new predictions that suggest an explosive finish. Bitcoin Cash (BCH), Litecoin (LTC), and Lunex Network (LNEX) are among the most promising altcoins, with each expected to experience substantial growth in the coming weeks. Here’s what experts are predicting for these top cryptocurrencies.
Litecoin (LTC) Set to Surpass $150
Litecoin (LTC), a major player in the crypto space, has recently broken free from a bearish pattern and surged to $138. With this recent breakout, experts are predicting Litecoin could reach new heights in the near future. According to CoinMarketCap, LTC has surged by 42% in the last 7 days and has risen by an impressive 92.8% over the past 30 days.
More than 80% of LTC holders are now in profit, signaling strong market confidence. Experts are particularly bullish about Litecoin’s future. The Moon Show has forecasted that Litecoin could soar to $150 following this breakout, and some analysts predict that it could even reach as high as $440, following historical patterns and Fibonacci retracement levels. As Litecoin continues to maintain its bullish trend, with technical indicators like the ADX 14 in the buy territory, the outlook remains extremely positive.
Bitcoin Cash (BCH) Predicted to Hit $1,800
Bitcoin Cash (BCH), a popular Bitcoin fork, has also made a strong comeback, reaching the $500 mark in the first week of December. The altcoin is currently fighting to breach the $550-$560 resistance zone. According to XForceGlobal, Bitcoin Cash could surge to $1,800 in the coming weeks, based on two potential scenarios.
The first scenario involves a direct upward movement to the $1,800 target. The second scenario predicts a temporary drop to $215 before an eventual rally to $1,800. On the 7-day price chart, BCH has already seen a 7.4% increase, and over the past 30 days, it has recorded a 54.5% gain. Bitcoin Cash’s current technical indicators, including the Average Directional Index (ADX), are signaling a bullish market, supporting predictions of further price increases.
Lunex Network (LNEX) Set for Explosive Growth with Target of $1
Perhaps the most exciting prospect in the crypto market right now is Lunex Network (LNEX). This relatively new player has already rallied by an impressive 200%, reaching a new high of $0.0036. Experts believe LNEX could soon increase to $1, making it one of the most promising cryptos to watch right now.
Lunex Network is a decentralized ecosystem aimed at solving the issues that users face when exchanging cryptocurrencies. The platform allows users to swap over 50,000 cryptocurrencies across different blockchains without requiring any form of identification or verification, making it easy to use and accessible to everyone. LNEX holders also benefit from Lunex’s revenue-sharing model, with 50% of the revenue from swapping activities distributed to token holders and the other 50% allocated to exclusive incentives.
In addition to its user-friendly interface, Lunex Network offers a B2B non-custodial payment gateway that allows merchants to accept cryptocurrency payments for products and services. With its low transaction fees and expanding feature set, Lunex Network’s potential for growth remains immense.
Conclusion: Bitcoin Cash, Litecoin, and Lunex Network are Key Cryptos to Watch
The bullish forecasts for Bitcoin Cash (BCH), Litecoin (LTC), and Lunex Network (LNEX) highlight them as some of the best altcoins to keep an eye on in the coming weeks. With significant price increases predicted for all three, smart investors are already taking advantage of these opportunities. Whether it’s Litecoin nearing $150, Bitcoin Cash potentially hitting $1,800, or Lunex Network setting its sights on $1, the time to invest in these fast-growing cryptos is now.
As the market continues to gain momentum, these altcoins are poised to deliver substantial returns. Stay tuned for the latest updates and don’t miss out on the chance to capitalize on these promising opportunities.
Disclaimer: This website’s content is for informational purposes only and does not constitute financial advice, with all cryptocurrency purchases carrying inherent risks.
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