So far, the declines on LSKUSD prevail and the downward correction has evolved from ABC to WXYXZ, so most likely we will see the end of this downturn soon. Unfortunately, there is no visible pressure from the bulls to push the price above local resistance at the level of $ 15.87. It remains to wait and observe the level of $ 13.40 as the main technical support for this cryptocurrency.
I don't understand when we say "LSK or other alts are cheap now"...yes, its cheap if you are looking at last 90 days but still 15x if you go back 6 months. don't you think the price can crash as low as $1.8 which was in August? A full retrace?
@tammy007, because a LOT of people who "reinvested" over the last month are down another 50% or more, and still have the moonboy mentality. still under the impression rando shitcoins will x10 over the course of a couple of weeks.
at this point we are far more likely to end the year on $5 lisk than $50