{"id":446733,"date":"2023-10-10T16:24:22","date_gmt":"2023-10-10T16:24:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=446733"},"modified":"2023-10-10T21:07:07","modified_gmt":"2023-10-10T21:07:07","slug":"liquity-price-prediction-lqtys-prospects-to-double-in-price-can-it-happen-amid-the-chatter-of-a-groundbreaking-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/liquity-price-prediction-lqtys-prospects-to-double-in-price-can-it-happen-amid-the-chatter-of-a-groundbreaking-presale","title":{"rendered":"Liquity Price Prediction: LQTY’s Prospects to Double in Price – Can it Happen Amid the Chatter of a Groundbreaking Presale?"},"content":{"rendered":"

With the broader crypto market down and top cryptocurrencies like Bitcoin and Ethereum struggling to hit forecasted values, seasoned investors are looking toward altcoins offering decent returns on investment. <\/span>Liquity (LQTY) is one of the best altcoins<\/a> on the market, with excellent price potential for the future. At a price of $1.51 and a positive growth over the past 7 days, Liquity predictions across some quarters that LQTY will double in price and reach as high as $3.34 in 2024. <\/span><\/p>\n

But the question remains whether this is possible considering the current market realities and in the middle of a groundbreaking presale causing FOMO among investors. <\/span><\/p>\n

Short-Term Liquity Price Predictions are Positive <\/span><\/h2>\n

To determine what lies ahead in the future of LQTY, let’s look at the token’s technical and fundamental analysis. According to data from CoinMarketCap at press time, the coin is valued at $1.51, with a 4.18% price increase within the last 24 hours. <\/span><\/p>\n

\"short-term<\/p>\n

Over the past week, there has been a 38.58% increase in the price of LQTY, bringing its market capitalization up by 4.21% to reach $141 million. <\/span><\/p>\n

\"liquity<\/p>\n

The increase in the demand for Liquity is due to the project’s impressive use case and roadmap, especially its support for decentralized borrowing interest-free crypto loans. Also, the protocol has different user incentives, igniting more interest among crypto traders and investors. <\/span><\/p>\n

Looking at the technicals, the moving averages (MA) on TradingView show a “strong buy” sentiment for LQTY among traders. The oscillators indicate a “buy” sentiment, and the overall market sentiment for Liquity is a “strong buy” within the last 24 hours. <\/span><\/p>\n

\"LQTY<\/p>\n

This explains why Liquity has surged by over 80% in the past 30 days. <\/span><\/p>\n

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Liquity (LQTY) Cryptocurrency Skyrockets, Surges by Impressive +82% in Last 30 Dayshttps:\/\/t.co\/iDmJ3zWVzy<\/a><\/p>\n

— John Morgan (@johnmorganFL) October 10, 2023<\/a><\/p><\/blockquote>\n