LTC has been performing well since Dec 2018, leading the charge for the alts, shaking the bears and getting back on the bull.. The block reward halving date is 74 days away (Aug 8th) and I expect a parabolic movement as we close in. My target is $200-$240, which is between the 50% - 61.8% retracement from ATH to ATL..
in 2015 exactly on the halving date ltc was bottoming, the top occured like a month before halving
Michele1970
⋅
@Recluse82, Thanks for sharing. So much hype on the halving date. Means nothing. Point proven! This $103 right here could very well be the top or close to it with another drop coming to the 200MA or lower. Who knows. The daily RSI is almost way over extended IMO
SnakeJT
⋅
@Recluse82, i understand what happened in 2015, but i believe the crypto space has changed dramatically and adoption is moving faster and faster by the day, Im not one comparing todays market to play out exactly the same as the last bull market, let alone 2015.. I'm expecting much faster movements like we are seeing, as adoption and big money move faster into the space. i do tip my hat to you if you hold LTC from 2015 thou...