Litecoin (LTC) halving has an average of 5 days left, what changes could this cause in the price structure?
Although it varies depending on the transactions on the network, there is an average of 5 days left before the LTC halving. LTC, one of the oldest names of cryptocurrencies, is counting the days for the halving. While this had a positive impact on the price of the major coin a few weeks ago, it hasn’t had much of an impact in recent days. What price points can be followed if the upcoming halving increases volatility in LTC?
Critical price points in Litecoin (LTC)
Continuing to run $ 89.13 as support, LTC rose by getting a weak reaction from here. Now, LTC, which is traded at $ 91.11, is followed with curiosity as to what price movements it will make while there are 5 days left before the halving. LTC, which reached $ 115 a few weeks ago with this fundamental analysis effect, has been progressing steadily in the last days.
If the major coin, which is currently traded at an intermediate price, clearly exceeds $ 94.89, it can make a move to $ 97.60 – $102.11 and $108.76, respectively. However, an important item in this scenario will be in which direction BTC will move. If BTC stays below $29,200, it could create a possibility of relaxation for LTC to $89.13 – 85.23 – 81.33 and 78 dollars respectively.
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