nagihatoum

LTC halving not factored in

Long
BINANCE:LTCUSD   Litecoin
It is the opinion of some that the halving of LTC has already been priced in because of the anticipation of the event. However current price action and trendlines shows similarities to price action and trendlines prior the last halving ATH. Trendlines now are steeper, suggesting a higher ATH in a shorter period.

I am also of the opinion that the price will not drop lower than $180 after the new ATH and that price will continue to rise above $500.

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