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❕NEWS Litecoin may crash below $100 as predicted by experts

Flower

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Litecoin may experience critical crash ahead if the bulls does not hold support zone very strongly. This zone is in the region of $180, and if the zone is not held strongly by the bulls, litecoin may crash to $100 and this could be very critical.

The advice is that you should be very careful in holding litecoin right now, because there could be a decline in the offing if the bulls didn't take over the market.

Nevertheless, the support recently enjoyed by litecoin from the whales may debunk the analysis.
 
Well, it still boils down to studying the market to know to invest or decline. Litecoin was rising a lot this year and I know people enjoy the rise as their profit increased but that might be over now. So it is either one invest in other coins and leave Litecoin for now or they just buy and hold till wheb the price goes up again for them to sell.
 
Litecoins together with ripples has not been doing well of recent. They enjoyed the less gas fee transaction some months ago. And people invested heavily on them because of this feature. I could guess the reduction in the gas fee of ethereum, bitcoin and the introduction of Shiba Inu has diverted the attention of most crypto traders from litecoin. Maybe that is the reason for its poor performance.
 
As far as my observation goes Litecoin is quite going along with the trend of bitcoin ethereum bitcoin cash and some other altcoins, as usually when they go up or down they usually almost have the same percentage of movement with each other, kinda really rare for them to have a different movement , Saw that bitcoinCash had a different movement from the rest from the past but it was immediately corrected
 
As far as my observation goes Litecoin is quite going along with the trend of bitcoin ethereum bitcoin cash and some other altcoins, as usually when they go up or down they usually almost have the same percentage of movement with each other, kinda really rare for them to have a different movement , Saw that bitcoinCash had a different movement from the rest from the past but it was immediately corrected
I strongly disagree with you because I have seen litecoin upswing when the bitcoin is bearish. The trend of the litecoin solely depends on the forces of demand and supply. The analysis given above is very correct because I trade litecoin too. The coin could crash if it fall below the $180 mark which shows a strong selling pressure.
 
I strongly disagree with you because I have seen litecoin upswing when the bitcoin is bearish. The trend of the litecoin solely depends on the forces of demand and supply. The analysis given above is very correct because I trade litecoin too. The coin could crash if it fall below the $180 mark which shows a strong selling pressure.
This is not a scenario I will want to see play out for Litecoin because it may cause the kind of dip that the coin may not be able to come out from. Inasmuch as the price movements of LTC follows btc closely, its speed at recovery in a bullish market is usually very slow.
 
Well, since bitcoin crashed just a few days ago, many altcoins also suffered the same fate, so it's not that surprising. I hope bitcoin can quickly climb back up to its 60,000 USD line support level at the end of this year. Though that is unlikely, I still have hope that it would.
 
This is not a scenario I will want to see play out for Litecoin because it may cause the kind of dip that the coin may not be able to come out from. Inasmuch as the price movements of LTC follows btc closely, its speed at recovery in a bullish market is usually very slow.
The bulls could pull the price up by providing support for the coin. The news making rounds and the massive adoption of the coin by institutional whales is what should be of great concern. The chart on litecoin is Pointing to a strong buying pressure in the offing. Presently, the level of volatility is very low and this represents indecision.
 
This is not a scenario I will want to see play out for Litecoin because it may cause the kind of dip that the coin may not be able to come out from. Inasmuch as the price movements of LTC follows btc closely, its speed at recovery in a bullish market is usually very slow.
I wouldn't agree less that the level of volatility in Litecoin is very low and showed that both the buyers and the sellers are very actively involved in the market. So, it's a coin that Is very good for spot trade and if the bulls couldn't hold the support level very strongly, it may decline tremendously.
 
Although Litecoin is currently at the level of 150$, and it's less likely to fall much lower, but if it falls below 100$ then let it fall. This time I will buy litecoin directly if it reaches the level of 80$.

LTC is a good crypto even today and has the potential to become a smart contract in the market, in previous rise, it went up to 280$.

I won't miss this time to buy the Dip because of the growing potential.
 
The market is very unpredictable and it will be out of place if we expect a dip and pump happens. Your analysis is more like prediction and trending with the direction of bitcoin which is not right in my perspective, I feel we should interpret the direction of the market with what we see in the chart not from recent happenings months ago.
 
Lite coin is one of the coins that I am very much ready to purchase them if they ever get to fall at a very significant rate because I have observed them in the past so rise to very high rate and they are very reliable for anyone to use instead of just hoping that the drop drastically I am also try as much as possible to buy them in bit, depending on how they are dropping.
 
Now LTC is below 150$, this recent bear attack which made market bled left Litecoin a bit weak. Although entire markets down, and LTC lost less than 4% in 24 hours, but, LTC even got to lose its one and a half century mark on crypto value. It's value may increase or decrease with market possibilities, yet if it still went down, then it may go down below 100$ mark.
 
I strongly disagree with you because I have seen litecoin upswing when the bitcoin is bearish. The trend of the litecoin solely depends on the forces of demand and supply. The analysis given above is very correct because I trade litecoin too. The coin could crash if it fall below the $180 mark which shows a strong selling pressure.
Yeah you're right, litecoin and a pletory of other altcoins like ripple or bitcoincash usually go along the trend of bitcoin and ethereum, well although more likely in the trend of bitcoin. and also the market as a whole also in some ways follow the trend of bitcoin as when bitcoin dumps almost every coin in the market also gets dump, Hoping to see some individuality in movement trend in the future that would be much more better to look at
 
Now Most Of The Cryptos Are Down ward Movement But I Think All Cryptos Are Overcome This and Will Bounce Back.Now Litecoin Price Is 148$ I Think Litecoin Once Reached 280$ In Last 30 Days Now Value Is Half Of That
I Hope All Cryptos Including Litcoin Will Overcome This Stuggles And Move Upwards Again
 
The Litecoin is on a decline and if the bills do not provide the adequate support it may crash further and it could be very detrimental. The users would lose lots of money. However, a good trader would always gain, no matter the direction. On an hourly chart, litecoin decline by 0.64% but in the average on a 24hr chart, there is an upswing of 1.72% and the market value currently stood at $153.284.
 
Unless bitcoin price drop again to below 45k level, I doubt Litecoin will suffer such a huge drop. Currently, it's still hovering around 140 USD, so I think the price has been stabilized. Many altcoins are simply mimicking btc performance, so btc can be used as a benchmark for altcoins.
 
Litecoin may experience critical crash ahead if the bulls does not hold support zone very strongly. This zone is in the region of $180, and if the zone is not held strongly by the bulls, litecoin may crash to $100 and this could be very critical.

The advice is that you should be very careful in holding litecoin right now, because there could be a decline in the offing if the bulls didn't take over the market.

Nevertheless, the support recently enjoyed by litecoin from the whales may debunk the analysis.
The bull run on the support zone of litecoin is still very much strong and that's why litecoin is still maintaining its current position abiut $180 per litecoin , i still prefer holding my litecoin in my crypto currency wallet rather than investing it out and my advise for people is that they should not panic whenever they hear thinking of news about litecoin,
 
I don't believe that it will crush under $100. Its price must be over 40% down so that will be reached,which is impossible at this year for sure. It can drop to 120,but no more. Its fees are the lowest on the market and this makes it concurrent on bitcoin and ethereum. This is normal for every crypto,to be small,big and again small. Hopefully it isnt under 120 right now.
 

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