The expectation is growing in Litecoin (LTC), which will halve after approximately 42 days. What points can this bring the LTC price to?
Although it depends on the transactions in LTC, the halving, which remains approximately 42 days, has already created enthusiasm in the ecosystem. LTC, one of the oldest and most well-known names of cryptocurrencies, will halve at the beginning of August on average. How might the halving event, often described as upward pricing, affect LTC? We evaluated the graph.
What Prices Can Be Expected In LTC With The Halving Effect?
LTC, which hit $ 70.74 with Bitcoin testing $ 24,800, quickly recovered and came to $ 77.43. LTC, which does not attract the attention of investors with the halving effect, can target higher levels if it can maintain this momentum. The sales regions that can be watched on behalf of LTC are 82 – 85.23 – 89.60 – 94.89 and 97.60 dollars respectively.
The deterioration of the rising trend structure or the LTC ecosystem remaining in the background during the halving process will have a negative impact on the price. The support levels to follow for LTC in this scenario are $73.98 and $70.74.
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