Almost a week ago I made an analysis on LTC. I predicted a strong upward move after the break out of the horizontal channel.
As of today, the first target of $220 has been reached. We've seen a substantial move over the last 48 hours, indicating that the bulls are back - for now.
For the coming week, it might very well be the case that LTC will fall back towards the region around $200. I'm still very bullish on the crypto market, so the expectation is that the price will go up with time.
Most bullish scenario would be a continuation of the current move. I'm expecting a small period of consolidation around the current area, however.
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.