Litecoin was a good coin, fighting for its place in top10 of all crypto coins for couple a long time.
Now new technologies do much more hype than old known coins.
As to technical analysis LTC/USDT did clear double top with not enough momentum to keep rising. Taking in mind the absence of usage for this particular coin, it will slowly fade in the market, making lower lows and lower highs during next years.
In the end it will be abandoned and lost with its blockchain forever, but will always stay in our hearts, as good known old-timer.
The idea shows the main levels of support/resistance and its possible reaction over years. The biggest rise I expect is shown from $50 to $120 (or even a bit higher) after which the doors for next bottoms are wide open.
Don't press 'like' if you don't like idea, please! And also don't subscribe if you don't like what I'm posting. Thank you :)
Not gonna happen it's second most available crypto.
poplach
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@thedarklord369, Time will show, take a look at this chart in 6,12,24 months. Maybe I'm wrong
geekpe
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@thedarklord369, litecoin is a 2digit dinocoin if you think is pure gold... whales-moonboys make a good work with you you are rdy for be new bagholder during next bear market around next month..
Nickquick7
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@geekpe I’m doing pretty well in LTC keep shorting bud
DrM200x
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lol i am surprised TV lets anyone post stuff like this. complete useless
poplach
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@DrM200x, You think TV should ban people for ideas of dropping shitcoins?