LTC could just bounce around between support and resistance lines I have drawn today, so I don't expect ATHs today but I hope I'm wrong. Heavy resistance at .025 as that is just barely a new ATH, previous high was .02489. Also, it lies perfectly on a fib line I drew which adds to resistance at that level. If we break through the .618 level will be next target. My expected path is drawn, but it doesn't necessarily represent a timeline or price prediction ratio. It has already gone down a lot today, but Daily RSI is overbought so maybe expect more and short against BTC. however, we still have bullish movement on daily RSI, so there's something good going for LTCBTC short term. Probably has to do with the LTC bulls coming in heavily.
I will say this though, LTC success is highly dependent on BTC still, so if BTC does killer against LTC i'm fine with that, because LTC just keeps coming back for more moon pie. My opinion only, I could be wrong and hope to be, because LTC has much room to grow still, and I think people are finally realizing that with testing ATHs on this chart. And I'll mention Litepay, a STRONG community online who is heavily pushing for LTC growth/adoption, and more, are all things LTC has going in its favor this month. With that, thoughts concluded. Not responsible for your gains/losses here. All of this is my opinion only. Comment, like, follow, and happy mooning ladies and sirs :D
I will say this though, LTC success is highly dependent on BTC still, so if BTC does killer against LTC i'm fine with that, because LTC just keeps coming back for more moon pie. My opinion only, I could be wrong and hope to be, because LTC has much room to grow still, and I think people are finally realizing that with testing ATHs on this chart. And I'll mention Litepay, a STRONG community online who is heavily pushing for LTC growth/adoption, and more, are all things LTC has going in its favor this month. With that, thoughts concluded. Not responsible for your gains/losses here. All of this is my opinion only. Comment, like, follow, and happy mooning ladies and sirs :D
Comment:
Surprising how close this is! haha.