As much as it seems in the next few days LTC, and Crypto in general, is only going to oscillate a little bit, it would seem that in the longer stretch of time, we are looking at a continuation of the Bear run, and as many have been saying, this recent months long rally was really just that, a months long rally during a Bear Run.... That being said We could still see some impressive highs especially since the Halving is on it's way, we could also see this as a few red bars, with a further uptrend into the ATH arena! Personally I think we are going to dip for the rest of this and next week. The Halving will cause Crypto in general to skyrocket for a few weeks, then we will come back down to the Lows that we never reached prior to this rally, and THEN The Bull Market is in full swing to Moon!
For the foreseeable future I think for LTC if we hit the $70's again we will be doing quite well but my aggressive predictions of low 60's seem to be out of reach given the lack of the market wanting to drop haha. As far as highs go, we will likely hit mid to upper 90's followed by the cascade down to the 80's and 70's. I don't believe we will hit 60's before the halving at this time but I don't think we will be trading above 100 either, until after the Halving has taken place!
What do you guys think?
For the foreseeable future I think for LTC if we hit the $70's again we will be doing quite well but my aggressive predictions of low 60's seem to be out of reach given the lack of the market wanting to drop haha. As far as highs go, we will likely hit mid to upper 90's followed by the cascade down to the 80's and 70's. I don't believe we will hit 60's before the halving at this time but I don't think we will be trading above 100 either, until after the Halving has taken place!
What do you guys think?