Due to its early development and dominant position in the market, Litecoin (LTC) has earned the moniker “digital silver,” but its recent adoption of the privacy-enhancing protocol MimbleWimble has sparked debate and varied views on privacy on its network. According to ChatGPT, an AI language model, Litecoin could increase to $120-150 in the coming weeks and reach $300 or even more by the middle of the year. Any prediction’s correctness, though, is always up for discussion.
At the time of writing, LTC is down more than 1%, trading at $90. The Relative Strength Index (RSI) and Bollinger Bands both indicate that Litecoin may be at risk of beginning a negative trend.
Litecoin adopts MimbleWimble: Here’s ChatGPT’s privacy concerns and price predictions