Litecoin: Potential Outcome For Halving Event

3 thg 8, 2019

This last move up in btc and ltc seems a little suspect to me. Fed cut and/or the events in Hong Kong may have precipitated the move. In my chart, you can see LTC is facing significant resistance in the red zone. Given we are close to the halving event, I doubt we break it. If the halving doesn't have an immediate and positive impact on the price, I think we'll see a strong sell off.