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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.
 
The market value of bitcoin as declined to $153 as at the time of writing this comment. The bulls would controll the market fully if they could push the price to $180. There is a strong buying pressure I the last 24hrs because the coin surge by approximately 4%. The price would continue to be on the increase if this persist.
 
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.
The analyst placed a condition on the coin. They stated that it would crash further by it would crash to $100 of the support zone was not held strongly by the bulls. It may be true if the bears keep taking over the market, there is every possibilities that it will continue to crash further.
 
The analyst placed a condition on the coin. They stated that it would crash further by it would crash to $100 of the support zone was not held strongly by the bulls. It may be true if the bears keep taking over the market, there is every possibilities that it will continue to crash further.
What is of utmost importance is to actually ensure that the bulls hold the support zone very strongly and that's what is very important for now. I suggest that there dumping and pumping around the coin. The popularity gained by litecoin recently in the crypto market is very alarming.
 
The bull run has been holding the support zone very strongly and litecoin has been able to make it through and is thriving in the crypto currency market currently , talking on the popularity, litecoin has been into the limelight and its getting more popular because people now use it for transaction because of its low gas fee.
What is of utmost importance is to actually ensure that the bulls hold the support zone very strongly and that's what is very important for now. I suggest that there dumping and pumping around the coin. The popularity gained by litecoin recently in the crypto market is very alarming.
 
Observing litecoin closely reveals its price action keeps following that of bitcoin even in the corrections going on in the markets. I could conclude that provided bitcoin doesn't have any massive crashes below its present $45-$47k, then, Litecoin may be able to hold on to its range as well.
 
A lot has been said about litecoin but we can see clearly that it will be difficult to dip to that level,it's just like binance coin going down to 200 dollars such is impossible because the owners of the coin will need to act fast.
The farthest litecoin can go is 150 dollars we are still in the bull.
 
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.
Even during the bear run, litcoin never touched $100, not to talk about this period of bear and bull. Am not disputing the fact that the analysis or prediction of this expert is wrong, because in crypto anything can happen. But the market itself would have crashed enough for it to reach that level.
 
I actually can't even predict like that , because no one knows the direction it could take , another huge institutional investors might just invest and the news would spart it up ,as we are making Technical analysis to carry out trading ,we also need to carry out fundamental analysis when trading they are both very important in trading it's really important you note such thing as an investor investing
 
Well I am not really sure about the price movement of LTC , it is just too low to my liking that is why I didn't even make any attempts to invest in it , not for long or short term purpose . I can only be able to trade it when I expect a sudden sharp movement.... but that's the coin I have been using for transaction because they have something to offer in terms of lower transaction fee.
 

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