Our immediate TP is 49.508, 33.195 (September 15, 2017 low), but on a 1W basis the Lower Low potential for Litecoin is far greater extending as low as 33.195:
nachodon5
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As someone mentioned, history rhymes but doesn’t (necessarily) repeat. Do you believe situation now is radically different?
IMHO, unlike 2014-2015 now there are several strong competitors for fast
cryptocurrency focusing on currency use only (no smartcontracts). One of best among them is NANO, fast (3sec) and zero fees, gaining trust and adoption quickly. Think late this year
or latest next year, LTC will be challenged and unless they make it faster&feeles, it will lose over time.
nickhalden1
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Really nice idea and comment, bro! I also really liked Dude's idea on Bitcoin today. You should check it out and see what you think!