July 3 (Cointime) - According to a well-known crypto strategist, Litecoin's recent strong performance may not be the end of its rally. The analyst, known as Rekt Capital, believes that LTC could reach levels last seen in January 2022, with a potential surge to $140 before its next halving event.

This event, which will occur on August 2nd, is typically viewed as a positive catalyst as it reduces miners' rewards by 50%. Rekt Capital is also monitoring Ethereum, which he believes could reach $2,275 after successfully testing its high timeframe support.