The price of Ethereum has been oppressed since the beginning of this year,
miners would be selling at a loss against the electricity costs per $/kwh right now and i'm sure they're not liking this. I believe this $ETH dump will recuperate very soon to 150$-ish,
then eventually to 200$ with the extra tax-return income of young employees' salaries that feel like...
Similarly to how it -artificially- and quickly gained altitude in may of 2019, the Bit-Coin shall dump,It shall go back and regress to the mean, at which i expect this level to be around 5400~5700 $. although I'm not sure, there could be a flash crash to 4500$, so I have placed my buying support at different levels from 4900$ to 5600$, let's see how it goes. For...
From here I believe that Litecoin will retrace back to lower support, as it is following $BTC trend.
It might first go up to the 120$ range then fall again to the ~75$ range, that's where i'd be buying back, for now, I have sold my litecoins.
Idea would be invalidated if price jumps above 137$
I am just speculating.
In this case, over the next few days XRP shall rise tremendously as shown before by more experienced traders, then, it will regress to the mean as it always does, considering that BTC stays around 6700$, XRP may rise up to 0.000223 BTC (1.34 $ equivalent) then fall back into a slow steady decline.
now i'm no expert but with BTC getting segwit, LTC should get some free publicity. The masses will see BCH as a scamcoin and will then seek another more stable alternative to dump their BCC to. Another place to look at is Google trends showing an increased interest in litecoin. It appears as if LTC is climbing stairs but there are occasional peaks that quickly get...