Back in May 2021 right as the Altcoin Bear Market was just getting started litecoin confirmed a double top @ $420 (on coinbase) and i published "LTCUSD Litecoin Fractal - 90% Crash? PT:$30-40?" because at the time i believed that within this bear cycle it would backtest the upsloping demand line by early-mid 2022 "within the range of $30-40/coin", and in June 2022 it did exactly that where litecoin made it's lowest low of $40.
So could this be the bottom for litecoin? i would say yes because there are signs that the bear market is coming to an end, the next bull cycle is just beginning, and for litecoin specifically it recently received a new upgrade for privacy features so it'll certainly have an incentive & edge to finally make new all time highs later this decade.
so you guessed the drop from 400 to 40 what is the prediction from here if this is the bottom
CryptoGuy234
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@paintboy, this post is leaning towards fundamentals rather than pure technicals, so the eventual target is open-ended to interpretation, but eventually litecoin would at the very least return to it's previous peak around $400