I see a potential repeat in pattern. I know that this is a crazy idea and it will most likely not happen. But I think that it could be fun to follow over the coming weeks and see how it developes. Please share your thoughts.
if this happens before February, I am kissing both your nuts
iknoxred2012
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I don't think your speculation of LTC price is too far off the mark; although a more realistic price range of $400 - $500 Christmas is a serious contender the unknown is the Volume of people who are new to the Crypto-Space. I suspect that at each of these uptrends (S-Curve) is a healthy contribution of new Coinbase accounts, Bitfinex, Gemini, Poloniex...etc... those individuals will REALLY drive this LTC Rocket skyward!!! $1000 + LTC, yeah, that could happen easily come 1st quarter 2018. Especially when Crypto-Space does not behave like any normal (rigged/controlled) market/s. Ergo the FREE MARKET is Alive and kicking butt!! ; )
KristianMortensen
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~ Santa Claus is coming too toooown ~
dennisnovak
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Technical Analysis is the art of pattern recognition. Your pattern is no less feasible than one that relies on Eliot Waves or Fibonacci patterns. Crypto Currencies are just passing the 1% (innovator) adaption period and entering the 2-3% (early adapters) period ...rapidly. Given these current realities, your projection is not impossible.
KevinBCookca
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Sort of a fractal of what just happened, times 3 ;) The amazing element of being in completely new territory with a completely new asset class is that wild randomness prevails. That, and no real shorting to speak of while the herd comes for LTC vs the "forked up" BTC.
rinvest
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Just a few months ago I would have thought this was ridiculous. Now, I see it and think it would not be surprising at all.
CryptoJulio
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It's actually very smart, i like your projection :)
MehmetSafak
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with social hype its possible.
JN9797
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lol... To be fair, this is what a large ount of the market is expecting circa 1000 USD LTC... Not sure if it will get there areound the 23rd december though... It might! All bubles are fueled by credit - despite the screaching all around on mainstream media, there not much leverage in the marketplace, in particular by the Big Money... If its there, it seems to be from normal people jumping on the bandwagon as they have alot to gain and little to lose... good work ;-)
willfang84
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I think your analysis is quite good actually. Given the previous price action of LTC, it would not surprise me to see another parabolic movement.