Two scenarios for LTС. In the autumn, the coin awaits halving. Explanation with a picture.

in #cryptocurrency5 years ago (edited)

Hi, Steemians…

LTС will have halving this autumn. This puts pressure on the price upwards.

Line 1 is a bear trend line. LTC has two options for the development of the situation - if the price breaks through this line (this is approximately 0.0185BTC), then the restraining factors disappear for the coin and the LTC price will probably rise to 0.033BTC.

If it does not break through, then after the rebound, it will remain in the bearish triangle almost until the end of this year.

Variants are highlighted in red and green.

Thank you for reading and support!
Good luck!

The @upvoteinvest team

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