LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market. The main reason for growth of this coin is next halving, which will happen in about 2 months.
Check out LTCUSDT chart, which shows almost the entire trading history for this coin. As you can see, the price of LTC started to rise a few months before the halving:
1. Halving 2015. The price started rising 126 days before the halving. Moreover, the price grew for 77 days and then went to correction for 49 days. After that, there was a halving. 2. Halving 2019. The price started rising 238 days before the halving. Moreover, the price grew for 189 days and then went to correction for 49 days. After that, there was a halving. 3. Halving 2023. The price started rising 280 days before the halving. The rest of the data is still unknown.
With the naked eye, there is a clear trend that the price is rising before the halving. However, this year the price of the coin is in no hurry to grow, and there is not much time left! Even more interesting is that each cycle of the beginning of growth before the halving comes later. But what remains unchanged in history is that the beginning of the growth correction comes 49 days before the halving. Also note that pre-halving growth is historically over 500%!
Buy market order: 92,5$ Goals: 105$, 132$ , 180$ Growth potential: up to 200% by the end of the year.
Write in the comments on what other assets you want to get an analysis 🔍 If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.
👀 Торговые идеи это хорошо, но гораздо важнее торговая стратегия, которая приумножит твой капитал.
О том как ее создать я рассказываю на своем Телеграм канале: t.me/+SDGQbauVgnJhYmFi
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.