Litecoin bounced off of major support @ 94, which was previously in a resistance zone.
When looking at a shorter but still relevant timeframe, like the 4h, you will notice LTCUSD has made a triple bottom.
RSI indicates oversold conditions on LTCUSD pair. LTCBTC pair on every single timeframe is even worse off (for bears) as it is majorly oversold (hasn't been that oversold in years).
Apart from these technical indicators, which are heavily in favour of Litecoin Bulls, Litecoin also has major fundamentals going on for it, including but not limited to: 1) Haling on August 6. 2) Global and nation-wide promotions by the Litecoin Foundation. 3) MimbleWimble & Confidential Transactions and other privacy features. 4) Ongoing development.
My question to you is; if you are not currently all-in Litecoin, then what are you doing here? Here on earth I mean. You are aware of this major opportunity, and you consciously decide not to take it? Were you born to fail?
Also MonocleDundee - "It's over. The pump to 0.0185 was the final pump this coin will ever have seen ratio wise.
Quote me on this. This is also my final LTC post, for after this, it is no use trading anymore. LTC only purpose last years was getting BTC bags filled and heavy. Now the pig has been used for, done."
Classic Dundee
Cruz182
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@OrangeFury, This guy is always the opposite of the market, says it will go down when it goes up, when is to go down, this creature says it goes up.
Such a piece.
robroyman
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@Cruz182, Bet ya a Litecoin this is his other account...
Cruz182
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I am pretty sure someone bought your foolishness.
Anyway is better this way.
Quote me on this. This is also my final LTC post, for after this, it is no use trading anymore. LTC only purpose last years was getting BTC bags filled and heavy. Now the pig has been used for, done."
Classic Dundee