Litecoin Price Prediction: LTC/USD has excellent upside potential despite Novogratz criticism

© Reuters.

  • is currently trading for $88.25 and has no significant resistance lines till $95.
  • Mike Novogratz, Fortress Hedge Fund manager, criticized saying “Litecoin is a glorified test net for bitcoin.”

LTC/USD is currently trading for $88.25 as markets opened this Saturday. The confluence detector shows that there are no significant resistance lines till $95 so expect the bulls to make some significant moves over the weekend. Despite Litecoin’s upside potential, Fortress Hedge Fund manager Mike Novogratz doesn’t seem to be a fan. He said:

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