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Litecoin Price Gains 22% as Chart ‘Cup and Handle’ Targets $100

On Jan. 30 (LTC) lit up the charts in both it’s USD and (BTC) pars by rallying more than 20% to secure a spot as the highest daily gainer amongst the top-10 cryptos ranked by market capitalization.

Investors will recall that in 2019, Litecoin front-ran the Ether (ETH) and Bitcoin rally by pumping more than 350% from January to June. Thus, the altcoin’s most recent price action is sure to stir up some strong feelings amongst traders who may interpret the altcoin’s trend reversal as the beginnings of a wider crypto-market rally.

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Source: Cryptocurrency - investing.com

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