Litecoin price has been the talk of the crypto world in recent days, as the cryptocurrency has recently grow significantly in value relative to its Bitcoin older brother, and brought investors over 600% returns before the current pullback. It’s help spark increased interest in the digital asset, which has caused its use as a search term to grow on Google Trends.
That spike on Google Trends, according to one crypto analyst, suggests that the pre-halving pump Litecoin has experienced may not be over, as past halvings have caused such enormous spikes in Google Trends, that the “top” of the rally can easily be predicted. The same analyst claims that because the search term being used as a trading indicator hasn’t yet peaked, suggesting that the Litecoin rally still has a few legs left.
Can Google Trends Help Litecoin Traders Secure Profits At the Top?
The closer we get to Litecoin’s halving this coming August, the higher the likelihood that Litecoin’s recent rally is nearing completion. But also the closer we get, the more bullish the market becomes as investors see such enormous gains being brought by the digital silver equivalent. The two things will soon collide, and could result in