Ever since $100 was broken, I think many people knew this would be coming. $75 was broken, and now $60. There was no reason for Litecoin to be worth over $400 in December. None other than FOMO. Now, there is very little support, once we break $50, 1st target is 34, where we will see capitulation, and even possibly a $20 litecoin like Charlie warned about in December and everybody was angry at him. Now look. Remember, Litecoin was only worth $4 at the beginning of 2017, up almost 900% since then!
Now, this is not all saying that Litecoin is dead etc, I'm sure we could see levels over $100 again in the future as the seller/bears are exhausted: the Litecoin community is still here, however I would not be buying yet.
Now, this is not all saying that Litecoin is dead etc, I'm sure we could see levels over $100 again in the future as the seller/bears are exhausted: the Litecoin community is still here, however I would not be buying yet.
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See my other ideas for Bitcoin TA
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LTC $51
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ETH $260 WOW
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FUNDING NOT SECURED I REPEAT, FUNDING NOT SECURED