LTC on the move!BINANCE:LTCUSDT Update to prior chart which was posted a few months back: So far so good. I am seeing this pump to near $96 in coming weeks, month/s before any strong moves back down.
Good news for careful-traders is that the fractals show a return to $56 level after this pump ends - right in time for the pre-halving dump. As history has shown, each LTC halving (mining difficulty increase) is preceded by a pump/dump testing prior levels, before flying to new highs. Expect LTC to continue leading the alt-coin market, serving as a fine canary for other altcoin moves.
Insofar as fundamental analysis for LTC: it has been around as long as BTC, it has survived, it has suffered ZERO network shutdowns in its decade+ existence, and now features the OPTION of private transactions with MWEB. It should be noted that Mimblewimble is the wildcard for LTC during this crypto season. It could halt its growth due to regulatory demands, or it could make it fly to unknown levels - as a market result of regulatory demands.
Not financial advice.
