LTCUSD - On the way up?
Litecoin or as it is still known the Digital Silver, is trying to rise from the bottom but does it extremely slowly.
Now it's at weekly (and monthly) resistance and it depends on BTC which way will it go from here. This resistance is quite weak, as you can see on the chart, it usually makes its way from the first time.
But even assuming some sharp rise in BTC price next to halving I don't think LTC will rise too much.
Look at the chart, as you can see, each successive growth was significantly lower than the previous one, I do not think it will be different this time.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Now it's at weekly (and monthly) resistance and it depends on BTC which way will it go from here. This resistance is quite weak, as you can see on the chart, it usually makes its way from the first time.
But even assuming some sharp rise in BTC price next to halving I don't think LTC will rise too much.
Look at the chart, as you can see, each successive growth was significantly lower than the previous one, I do not think it will be different this time.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
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