Admittedly, we can never assure that an increase will take place and certainly our predictions could be too lofty, just as they could be too depressed. Nonetheless, by applying historic trajectories and data, we can determine how cryptos have scored and performed in identical conditions before. At the most, we can employ this information to make a decent and knowledgeable decision.
Formerly, Litecoin (LTC) has participated in two significant inrushes. The first one being the crypto flourish at the end of last year and lasting well into February this year. The first inrush was a part of an organic spring anterior, the second was too localized inside the Litecoin (LTC) camp, but nevertheless, the rate of the inrush stayed almost similar.
At the end of last year, Litecoin (LTC) swung from a value of $98.38, up to $371.47, and this was an increase of 277.5 percent scoring an amazing return for many investors that purchased in prior to this period. The second comeback of Litecoin (LTC) occurred with Litecoin (LTC) valued at $111.17 and then accelerated to a value of $247.28, making an increase of 122 percent.
Average Rise of 199.5%
Considering the today’s similar crypto climate and based on Litecoin’s present value of $53.05, a climb near 199.5 percent could lead Litecoin (LTC) to arrive at $260 in a few weeks from now.
Now, as I said before, we can’t assure that even in an inrush Litecoin (LTC) will gain by 200 percent. In fact, it could even rise over 200 percent, such is the gorgeousness of the fickle crypto markets. Still yet, the indicators are looking awesome. We very well know that for such an inrush to thrive, Bitcoin (BTC) automatically has to grease the wheels. With Bitcoin (BTC) appearing more promising with every hour that passes, the sentiment of Litecoin (LTC) surge is turning much more realistic by the hour also.
However, remember this is a forecast based on past theories and trajectories. You might consider a decision to invest in crypto such as Litecoin (LTC) as projected by this article but it is also highly recommended to do your own personal findings. For me, having spent some time monitoring and researching the course of many viable altcoins, I can say Litecoin (LTC) is one to buy at the moment while we await the bull run. But remember to trade safe and if all is done well, automatically you will have achieved the best opportunity ever.