Will History Repeat Itself For Litecoin?


It has been a a blood bath for the cryptocurrency market after Bitcoin flash crash that shaved $55 billion off the market.


Many Altcoins were seeing double digit dumps like Litecoin which slide from a recent high of $145 to $110 which is about a 24% slide.


Bitcoin (BTC) started to recover despite pundits predicting wider corrections and now trading at around $12,000 USD more impressive though is the performance of Litecoin (LTC) which touched $135 again before starting to consolidate.


The reason behind LTC’s resilience and perhaps the catalyst of several fast and sudden surge in prices is the having event that is only 36 days away.


The last time LTC halving event occurred last August 2015 which seen it explode 400% from $1.7 to $8.5 which many believe could happen again during this halving event.


Only time will tell if history will repeat itself but if it does then there will be many smiling faces crypto holders over the Litecoin camp.

Read more of today's Headlines! Click here


Headlines for the world of Cryptocurrencies - June 29, 2019
  • Media Extravaganza Planned For Warren-Justin buffet Lunch
  • Brave Rewards Now Available At Reddit And Vimeo
  • ShapeShift CEO Wants Libra In Their Platform
  • ETC Devs Building Cross-Platform Bridge Between ETH and ETC
  • Binance Talking To Facebook Regarding Libracoin
Headlines for the world of Cryptocurrencies - June 28, 2019
  • Huobi Will Now Operating In Turkey
  • TRON 20 Million BuyBack Program
  • Square Cash App Now Directly Accepts Bitcoin Deposits
  • First Ever Acquisition of CoinMarketCap
  • Crypto Startup Involved In Israeli-Palestinian Peace Plans
Headlines for the world of Cryptocurrencies - June 27, 2019
  • Chainlink Now Available In Coinbase Pro
  • New Crypto Exchange-Traded Product Coming From Bitwise
  • Bitcoin Interest Increase Thanks To Libra
  • SEC Starts Asking For Public Comments On ETF Backed By Bitcoin And T-Bills
  • Crashing Price Of Bitcoin Caused Coinbase To Go Offline












Posted from

Cryptowarrior.Tech

: http://cryptowarrior.tech/trading/will-history-repeat-itself-for-litecoin/

H2
H3
H4
Upload from PC
Video gallery
3 columns
2 columns
1 column
1 Comment