Analyst Says Litecoin (LTC) and Polygon (MATIC) are Unlikely to Trend Higher While RCO Finance (RCOF) Will Take the Lead
An experienced cryptocurrency expert has echoed claims that Litecoin (LTC) and Polygon (MATIC) have a high tendency to fall lower due to the bearishness plaguing the entire market.
On the other hand, RCO Finance (RCOF) will continue to trend upward, defying the overall outlook of the crypto market, added the expert. This prediction shows that RCOF is the best altcoin to buy in the current state of the market.
Let’s find out why these established coins are plunging while RCOF is soaring.
Litecoin Eyes $100 In Descending Channel
ZAYK Chart, a crypto chartist, has shared a price prediction of Litecoin, pinpointing where the asset might pitch down in the days ahead.
Taking to X on September 4, the analyst noted that LTC is currently wallowing in a descending channel, with the price approaching its upper layer. A breakout at the channel's upper trendline will launch the asset towards $100.
However, LTC needs sufficient bullish power to escape the confines of...