Litecoin has a proven history of repeating price patterns, and LTC may be set for a bullish breakthrough which may peak within the next two years.
Built to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology, Litecoin's all-time high surpassed the $400 mark, and it seems that it may retrieve this level once more.
LTCUSD - 1 Week Time Frame
Looking into LTC's price history, the renowned cryptocurrency has catapulted in 2018, 2021 and 2022, with major downside following each bullish breakout.
The recent price shed has taken place since the end of 2022 and throughout the current year. On the basis of the repetition of previous price patterns, it is plausible that Litecoin catapults once more to all-time highs which would represent an upside of more than 400% from the coin's current price.