Litecoin (LTC) is showcasing a bullish on-chart performance that could be an indication of a potential market rally. While the crypto has taken multiple rejections from the supply zone, bulls are aggressive and can potentially surpass it soon.
Ethereum (ETH) has gained the attention of a major crypto analyst and is poised for significant growth based on the latest metrics. Pullix (PLX) is over 50% complete with Stage 6 of its presale and has raised over $3.6 million. We explore why these three altcoins can lead the next market rally.
Litecoin (LTC) On-Chart Performance Suggests Surge Above $100
Litecoin (LTC) has recently seen a period of stagnation, but its on-chart performance suggests that a bullish outlook is just on the horizon. There is a presence of bulls in the market, and despite multiple rejections from the supply zone at $76, the Litecoin crypto bulls are looking aggressive and are trying to surpass the supply zone. In a recent trading session, buyers have demonstrated strength.
They are also continuing to buy and accumulate more LTC to extend the upward trend. The Litecoin price action suggests that it’s poised for a significant uptrend, with a potential price increase in the coming sessions. Buyers are now attempting to maintain this level and showcase confidence in the crypto’s upward direction. According to the Litecoin price prediction, it can end 2024 at a value of $121.79.
Ethereum (ETH) Poised to Grow to $3,500 in the Next Two to Three Months
Ethereum (ETH) could soon also see a major upswing in its value based on the latest projections by analysts. Specifically, the DeFi project has showcased a price increase of 65.6% year-to-date (YTD), and could soon surge further. The Ethereum price showcases how, in the past week, the crypto moved up from $2,239.44 to $2,698.43. The crypto is now above the 50-day EMA, and this marks an end to a prolonged period of price correction and a start toward a bullish future.
Crypto analyst Michaël van de Poppe recently posted an analysis on X (Twitter) surrounding his thoughts on the future of the crypto. The Ethereum crypto needs to break past the $2,700 price barrier with a cycle high in order to see further growth. Based on his Ethereum price prediction, it can reach $3,500 in two to three months.
Pullix (PLX) is an upcoming DeFi project in its presale phase that has already seen a major level of attention. It will solve liquidity and transparency issues within the TradFi space and will also enable anyone to stake cryptocurrencies.
A major part of its ecosystem is Pullix Swap. In it, a 0.25% fee occurs. This will happen in every exchange that occurs. The amount gained will then get added to the Pullix Pool as LP tokens. This way, the platform can sell them, and PLX will be distributed to the holders of PullixLP tokens.
🦎 It's official – Pullix is now listed on CoinGecko! 🚀
Make sure to head on over and add Pullix to your watchlists!
Winner will be…
— Pullix (@Pullixmarkets) January 7, 2024
Another feature is a revenue share model. Here, users can get fixed passive income just by providing liquidity to the automated market makers. The onboarding issues are also resolved as the platform will not feature any mandatory KYC requirements.
Litecoin is bullish on the charts, and analysts have made bold projections surrounding the future of the Ethereum crypto. Yet Pullix is advancing rapidly with the momentum of its blockchain ICO. It is currently at Stage 6, where PLX trades for just $0.08. At launch, analysts project an upswing of 100x fueled by the market’s growth and the appeal of the platform.
For more information regarding Pullix’s presale see links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.