[LTCUSD] Going to $500 by 2025? - Litecoin will surprise many!

Hey everyone!

I'm very bullish on Litecoin for several reasons.

BULLISH FUNDAMENTALS:

First of all, Litecoin is amongst some others what we could call a "dinocoin" which managed to make its way throughout the years. Oftentimes being trolled for being slower than other coins to rise, but it still managed to survive to this day.

• One of the most used cryptocurrencies in the real world for payments purposes
  
• One of the most used coin with a top records of active addresses
  
• Bitcoin is considered like digital gold, Litecoin like digital silver
  
• Litecoin ETFs are being discussed and if accepted, will bring even more people to it (check Canary's Capital recent news)
  
• A continuous list of updates, with some about security done the last few days
  
• Holders have been accumulating for a - long - time now.
  

BULLISH TECHNICAL ANALYTICS:

I tried to spot the key resistances and levels on this weekly - simple - timeframe. We can clearly see a longterm channel being formed since 2017. We are now testing the $77-$80 resistance, before the next one being a major one (orange) around $100.
If the whole market remains bullish for the next few months, I believe we will quickly rise to previous key levels around $130 (RESISTANCE 2) then $190-$200 (RESISTANCE 3). If we manage to break all of them, we can for sure expect a new ATH. This one could reach the top of the trending channel.

I tried to imagine what it would look like with these Elliot's impulse waves pattern, which each broken resistance becoming a new support to be tested each time.

We can also see higher volumes, as well as bullish trends on RSI and MACD.

These are all the reasons why I believe Litecoin could surprise many in the upcoming months.
Not a financial advice, just sharing my thoughts. Always do your own research.

I'm curious to hear what are yours about Litecoin!