Litecoin was a good coin, fighting for its place in top10 of all crypto coins for couple a long time.
Now new technologies do much more hype than old known coins.
As to technical analysis LTC/USDT did clear double top with not enough momentum to keep rising. Taking in mind the absence of usage for this particular coin, it will slowly fade in the market, making lower lows and lower highs during next years.
In the end it will be abandoned and lost with its blockchain forever, but will always stay in our hearts, as good known old-timer.
The idea shows the main levels of support/resistance and its possible reaction over years. The biggest rise I expect is shown from $50 to $120 (or even a bit higher) after which the doors for next bottoms are wide open.
Don't press 'like' if you don't like idea, please! And also don't subscribe if you don't like what I'm posting. Thank you :)
Now new technologies do much more hype than old known coins.
As to technical analysis LTC/USDT did clear double top with not enough momentum to keep rising. Taking in mind the absence of usage for this particular coin, it will slowly fade in the market, making lower lows and lower highs during next years.
In the end it will be abandoned and lost with its blockchain forever, but will always stay in our hearts, as good known old-timer.
The idea shows the main levels of support/resistance and its possible reaction over years. The biggest rise I expect is shown from $50 to $120 (or even a bit higher) after which the doors for next bottoms are wide open.
Don't press 'like' if you don't like idea, please! And also don't subscribe if you don't like what I'm posting. Thank you :)