Litecoin $1,000 (900%) ExplainedLitecoin / TetherUSBINANCE:LTCUSDTMasterAnandaBack in 2020, just 210 days of consolidation led to a 1,623% strong bull market. How much different market conditions we have now. Since 2022, Litecoin has been consolidating. The length of this consolidation is now 1,127 days. More than five times the previous consolidation and then some. How much higher can Litecoin go compared to a past period? How much more growth can a project produce when it has been building strength for so long? LTCUSDT is now trading weekly above EMA55. When this happened back in 2020, what followed was sustained growth. Straight up, literally, for a period of 203 days. No stops. Back in 2020, Litecoin moved above EMA55 first in August just to be rejected. The second time was the good one. This year the situation is the exact same. Litecoin broke above EMA55 in May and was rejected. The second time is happening now in July and this is the good one. Litecoin is also trading above MA200 fully confirmed and there is a golden cross between EMA55 and MA200. We are very close to a major marketwide bull-run. $644 in this bullish cycle is a high probability target for Litecoin, but prices can go higher, much higher because market conditions continue to improve and institutions will gain access to Litecoin through Exchange-Trade Funds (ETFs). This means that a standard price projection would be a disservice to us. We are aiming for $1,000+ on this bullish cycle but it can end up closing higher of course. After the new all-time high is hit, it is normal to see a correction or even a bear market. This one should be short and small compared to previous ones. See you at 1K. Namaste.