Hopping on the LTC train here! Here's my outlook of it:
Price seems to be consolidating and creating a bullflag. As you can see from the previous pump, price retraced to the 0.382 level, created a nice bowl and bounced back up in about 2 day period. I'm expecting a same trend to fold here. BTC dump few hours ago allowed LTC to test the support at the 0.382 level (which is actually around 297). The momentum right now is way too bullish for the market to not go higher. Ride the wave crypto surfers
Price seems to be consolidating and creating a bullflag. As you can see from the previous pump, price retraced to the 0.382 level, created a nice bowl and bounced back up in about 2 day period. I'm expecting a same trend to fold here. BTC dump few hours ago allowed LTC to test the support at the 0.382 level (which is actually around 297). The momentum right now is way too bullish for the market to not go higher. Ride the wave crypto surfers