baronbloe

Litecoin Retrace to $190 then rebound to $230 region

BITFINEX:LTCUSD   Litecoin
I don't write about Litecoin much or give analysis. But here I'm going to. It is interesting how news of a fork made Litecoin jump when other coins in the same situation didn't, even after Charlie Lee said the fork was a "Scam". Although, I think we are missing the bigger picture. Litecoin has weathered many of the political storms that other coins haven't. Bitcoin itself has its capabilities being questioned. I think there is much utlity in Litecoin and is good for holding without worry about how to use. In short, it is a reliable crypto to depend upon and is underestimated. I see it retracing to $190-$180 level then going forward to $230 target. This is along with general market movement. But Litecoin arguably started this mini rally.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.