Bitcoin continues to trade in the $104,800 price range after a steady market dip following the pioneer crypto asset’s latest ATH at $108,268.45. This led to a slight fall in score on the Crypto Fear & Greed Index. At the moment, analysts remain heavily optimistic that BTC price will continue to rally until it hits the $110,000 price target.
Despite what may seem like a short ongoing price correction, analysts are certain the price of Bitcoin will continue to pump well into the new year. Presently, the most anticipated pump target for Bitcoin (BTC) is a new ATH between $125,000 and $135,000. Along with this bullish sentiment is the expectation for altcoins to set new ATHs as well.
Altcoins Litecoin and Stellar Flare Bullish
So far, many analysts believe altseason has gotten an early start this bull cycle and several altcoins will pump exponentially. In line with this expectation, some altcoins like SUI and ONDO have already gone on to set new ATHs and continue to show more indicators for greater pumps ahead.
https://twitter.com/JavonTM1/status/1869131379767943383
One such bullish altcoin is Litecoin (LTC). As we can see from the post above, this analyst sees that LTC is remaining at its current price zone with its first target at $354.36 and with a key breakout holding suggesting that this pump could be in play. Presently, the price of LTC stands at $119.59.
XLM Could Hit $6 - $9 Price This Bull Cycle
https://twitter.com/JavonTM1/status/1869020276652191989
Similarly. Stellar` (XLM) also continues to show strong bullish indicators hinting at a continued price pump ahead. The altcoin pumped over 80% in one month and the same analyst believes XLM will continue to pump and will possibly pull a 11x rally taking XLM price to $6 or $9 in the coming altseason.
The post Litecoin and Stellar Price Charts Show Strong Pump Signals, Analyst Expects LTC Price of $354 and XLM Price of $6 – $9 appeared first on Crypto News Land.
