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Litecoin Price Prediction: LTC May Drop 20% Before Halving

From investingcube.com

Litecoin (LTC) price has formed a bearish structure on the daily chart just months before its halving. The latest analysis shows that LTC price has a lot more downside for the coming months. The bearish BTC price action has triggered an across-the-board sell-off in cryptocurrencies. Litecoin price started the week with a 6.84% drop on Monday. On Tuesday, the price showed some recovery and was 1.39% up during its London session. In this article, we discuss a few possible price targets for bears in the coming days. Litecoin halving is scheduled to occur in August 2023. The current block reward will be reduced to half ... (full story)

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  • Category: Technical Analysis