LTC Moon or Doom? Flying chikun or frying chikun
Updated
Litecoin is going to have to break through some heavy sell walls in order to break through the next resistance! If it is able to break through it should shoot up to 45, where it will test again. If LTC is not able to break up, it could drop to it's previous level around 39-40.
With all of the uncertainty right now, is hard to say if some BTC money will be dumped into LTC temporarily (and LTC will jump up), or if people will drop altcoin to join the BTC whales in the fight up to $3000 + (and LTC will fall pretty hard). We will find out soon I'm sure.
With all of the uncertainty right now, is hard to say if some BTC money will be dumped into LTC temporarily (and LTC will jump up), or if people will drop altcoin to join the BTC whales in the fight up to $3000 + (and LTC will fall pretty hard). We will find out soon I'm sure.
Note
Litecoin has been steadily growing closer to resistance at 44. I'll be watching carefully tonight and tomorrow. If it does break above 44, it should rise the next resistance at 48.50 (Not 45! as put above)
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