The crypto market has experienced a considerable increase over the past two weeks. The ongoing increase has in turn made the crypto market predictions considerably more bullish, creating hope for an upcoming altcoin season.
A list of 15 altcoins that have bullish-looking charts were given by well-known trader @MacnBTC. From them, Litentry (LIT), Litecoin (LTC), Basic Attention Token (BAT), SushiSwap (SUSHI), and Theta Token (THETA) seem primed to lead the potential altcoin season.
LIT Price Breaks Out After Bullish Pattern
Between May and Sept. the LIT price created a double-bottom pattern, which usually has bullish implications.
Additionally, the pattern was combined with a bullish divergence in the weekly RSI.
On Nov. 3, the LIT price broke out from the long-term $1.10 horizontal resistance area. The breakout was also combined with an RSI increase above 50. As a result, the increase will likely continue towards at…
