Main navigation

Crypto Giant Peter Brandt: It's Time to Watch Litecoin and XRP

News
Fri, 06/07/2019 - 12:09
article image
Yuri Molchan
? ?The old-school trading guru who now shows expertise in crypto trading as well, is predicting LTC and XRP prices to rise soon??
Crypto Giant Peter Brandt: It's Time to Watch Litecoin and XRP
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News
Contents

The crypto trading guru Peter Brandt states that a large buy signal was recently completed on the LTC/BTC pair. Now, Litecoin is expected to grow against Bitcoin.

Peter Brandt has also pointed the next possible highs for XRP to reach: $0.5688 and $0.6260.

Litecoin is ahead of other top 10

This morning, Litecoin was showing a rise of nearly 9 percent and was the top performing coin on CoinMarketCap. XRP came second best with a 5-percent growth.

At press time, these two assets remain the highest growing ones on the top-ten list, although their momentum is slowing down.

Related
Ripple Buys MoneyGram to Expand Its Global Influence: Unconfirmed

LTC expected to soar in August

The crypto community is looking forward to two upcoming halvings soon. The closest one will take place in August for Litecoin. The other one will cut BTC miners’ reward by half next year.

LTC expected to soar in August
Coinmarketcap.com
BitballBitball

After halvings twice as fewer coins are produced by miners, therefore an asset gets more scares and its price goes up.

Presently, Litecoin is trading at around $112. In August, experts believe in may hit a maximum of $1,000.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.