- Litecoin’s momentum indicators suggest it is an extremely oversold region, indicating that a market bottom is near.
- If LTC bottomed out close to $40 four months ago, it might hit a new local top.
Litecoin’s price could rise by up to 200 percent by the middle of next year. The good news is that period would coincide with its third halving event, which would lower block rewards by 50 percent. Since launching in October 2011, Litecoin has undertaken two halvings.
The first was seven years ago…
Source link
