On average, there are 6 days left until Litecoin (LTC) halving, what kind of changes can this create in the major coin?
Although it varies depending on the transactions on the network, there is an average of 6 days left until the LTC halving. Halving, one of the important concepts of fundamental analysis, is currently on the agenda with LTC. This event is closely watched by many crypto communities, not just LTC investors. What price movements can LTC exhibit in a time frame of approximately one week?
What prices can Litecoin (LTC) test with halving?
The major coin, which tried to hold on to the support of $ 89.13 for a long time, received a weak reaction from here. LTC, which is currently traded at $ 91.32, has been a matter of curiosity about how it will make a price action while the halving is such a short time away. Unbelievable price movements are usually not observed while there is very little time left before the halving.
LTC, which currently finds buyers at an intermediate price, can make a move to $97.60 – $102.11 and $108.76, respectively, if it breaks $94.89 in volume. However, a critical element in this scenario will be which direction BTC will move. A BTC remaining below $29,200 could enable drops to $89.13 – 85.23 – 81.33 and 78 dollars for LTC, respectively.
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