LTCN Litecoin Grayscale Trust
Updated
LTCN is about ready to pop. The inverse head and shoulders measured move would bring it to around $10 then a small correction before a massive rally to $35 and beyond, all depending on what Litecoin does. I believe Litecoin will be thousands of dollars in the next bull run as its is one of the very few that are not securities and are commodities. If that happens and Litecoin goes parabolic to 2 3 4 $5000 dollars then the Litecoin Trust will explode. There could be a massive premium at that point to making one share of the trust cost $7000 or more. 1000x-2000x totally possible. Litecoin is poised for a massive rally I believe. Its going to outperform every single other crypto out there this next real run. Besides maybe your random dog coin that could go up 100000000% but as soon as someone cashes out $5 the price drops by 60%. But for real I think this is a good play.
This is definitely not financial advice, this is just what I think and my opinion. Do your own research and so what is best for you. Thank you.
This is definitely not financial advice, this is just what I think and my opinion. Do your own research and so what is best for you. Thank you.
Note
Price is moving perfect as predicted. I still think we head straight to $16 from here and then another small pullback and then $32. At $32 we may bounce around range bound for a bit with a possible correction back down to around $20. This is not a guarantee because if the real Litecoin cryptocurrency starts it parabolic run then this may just go straight up to $100-120 before any significant pullback. This will most likely top out before Litecoin tops out so keep that in mind. I believe if Litecoin can break its previous highs in its native cryptocurrency then LTCN will also break its previous highs. It would be a 100x from where I called the run up and from this price it could 40-50x. Life changing money can be made with this stock, and no barely anyone is looking at it, yet! Not financial advice just my opinion. Good luck out there.
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