Since Litecoin successfully accepted halving for the reduction of the mining prize, the price has fallen twice, as many experts have expected. But do not worry, as this move will raise the price in the future.How to imagine that it is possible? Imagine that what you get as a precious metal is in limited supply, this would automatically increase its demand, but since not enough supply, its price would jump dramatically.As you can see in the chart, Litecoin is about building a head-and-shoulder model.
With the bright red line, you can see option 1 where the price will drop, if the price falls below support line 2 then expect a drop to $ 25.
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
With the bright red line, you can see option 1 where the price will drop, if the price falls below support line 2 then expect a drop to $ 25.
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.