This is a 3 day chart of Litecoin on a log scale and looks like it could reach as high as $3,000 by 2022 and even possibly higher if it continues on its current trend. Cloning the bottom trendline gives us good targets to look out for. It has cleared the $145 resistance and will need to stay above this to make a run at ATH around $350. After that, I think it will run. Institutions are adopting Litecoin just as much as Ethereum and Bitcoin, so it just a matter of time before it gets bid up. I don't see the dollar going up anytime soon as the government is controlled by the democrats who will fight for massive amounts of stimulus which will inevitably drive down the dollar.
nope. BTC has 21million. LTC has 84million. I'm pretty much sure it might go ATH one day but 3k? Nope. I can yield up to 1k that it might go one day.
ChrisPtaco_32
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@JuneZzang, I don't disagree that it is highly unlikely to get to 3k by September. I am taking profits along the way but I don't see 1k as unrealistic at all which is where I will probably lean in to take the majority of my profits.
@LitecoinGuy, Possible but not likely. I just thought it was interesting that the chart would suggest it.
LitecoinGuy
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@ChrisPtaco_32, Actually there might be enough data to see that Litecoin does have the potential to reach a quarter of Bitcoins price. Litecoin seems to be a cycle behind Bitcoin price wise so take Bitcoins ATH in 2013 Litecoin hit a quarter of it in 2017. 20k Bitcoin from 2017 would put us around 5k for Litecoin this cycle
ChrisPtaco_32
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@LitecoinGuy, Awesome thank you for sharing! This should be a great year for the crypto market and I am excited to see what happens. Good luck!