Let There Be Lite(Coin)

Examining the "best bet" in the crypto market right now.

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Let There Be Lite(Coin) overview:

• All about Litecoin: technicals, fundamentals, wave counts, and a comparison with XRP

• Comparing Litecoin’s contracting price action with XRP – and why a similar explosion is coming

• Elliott Wave counts point to the final move in LTC – and why it could be a fast, violent move with few pullbacks

• Litecoin price targets steeped in reality using only mathematical projections

• Looking at LTC fundamentals like hashrate, miner reserves, and transaction volume

• Tons of LTC technicals against USD and even the BTC pair – all suggest something is coming

• As a bonus, watch the 84 Million Podcast where I discuss everything in this issue in more detail, plus more

With the market taking a pause yet again, I’ve decided to focus on what I believe is the best bet across the crypto market right now.

When I say “best bet,” I do not mean the biggest gainer, or the next coin to immediately pop higher. What I am referring to as a “best bet” is an altcoin with a solid, identifiable setup, longevity in the market, high-visibility, strong fundamentals, digital scarcity, active use, and a significant mismatch between price and value.

That coin is Litecoin, whether you love it or hate it, or want to believe it or not. The only other time I have felt this strongly about a particular altcoin breaking out, was XRP in November 2024.

When I suggested then that XRP was ready to explode higher due to all of the compression in the 7-year-long contracting triangle, I was laughed at, ridiculed, and told XRP would never go anywhere. I was told it was a “stablecoin.”

Fast forward to now, not even one year later, and XRP is 6x higher than it was when I made the call. When I suggested to XRP holders that it might be soon time to take profit, I was once again laughed at, ridiculed, etc.

I’m getting the same feedback and sentiment when I post Litecoin charts. Few outside of the hardcore Litecoin community gives the charts much thought or weight. But I am telling you, Litecoin appears to be an atomic bomb about to go off. This issue is dedicated to showing you why I believe this to be the case, and why I think there’s a strong play to be made in Litecoin.

Before & After

What’s an XRP chart doing in an issue dedicated to Litecoin? Allow me to explain. The most successful traders use the same patterns, tools, etc. again and again and again. They find what works for them, then they look only for those particular setups and ignore everything else that doesn’t fit these parameters. The same patterns, when combined with similar market dynamics, similar investor psychology, and even similar sentiment, often produce similar results. This is what traders call their “edge.”

Because XRP had a high-confidence setup, I began to start calling attention to it about a year ago. In issue #50 of this newsletter, I called XRP “the best-looking altcoin chart at the moment.” I was a couple months early on this call, but patience paid off after such a strong breakout. All of the naysayers had to eat crow while I made money. It takes guts to go against crowd sentiment, but it often pays well to do so.

Litecoin is now showing the same setup as XRP did. All it needs is a higher high on the RSI, which will coincidentally break above RSI downtrend resistance. Such a move should also take Litecoin price above the upper Bollinger Band, which will cause them to expand in a similar fashion to what happened in XRP. I’m hyping up Litecoin the same way I did XRP, and I’m getting the same negative reactions and ridicule as I did back then. It gives me confidence that I’ll have the last laugh once again.