Litecoin Likely to Double in Coming Months - page 7.

cryptosignal.rocks

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Quote from: Zemomtum on June 10, 2019, 12:56:31 PM

With the upcoming halving of the Litecoin, it will not be a surprise if it double its price. It has been roaring upside for some weeks now and if it should be able to break the $125 resistance level successfully, the possibilities is endless

I agree! And LTC/USD was already $130 earlier today.

My trade setups for today:

LTC/USD
14 Day RSI at 80% $157.1
Pivot Point 2nd Resistance $142.5
Pivot Point 1st Resistance $136.1
Biggest resistance 7 days $130.1
Take profit $128.8
14 Day RSI at 70% $125.6
Pivot Point 1st Support $118.0
Buy more $114.8
Pivot Point 2nd Support $106.3
Biggest support 7 days $100.1
14 Day RSI at 50% $99.4

LTC/BTC
14 Day RSI at 80% 0.01796
Pivot Point 2nd Resistance 0.01716
Pivot Point 1st Resistance 0.01667
Biggest resistance 7 days 0.01632
Take profit 0.01608
14 Day RSI at 70% 0.01563
Pivot Point 1st Support 0.01532
Buy more 0.01517
Pivot Point 2nd Support 0.01446
14 Day RSI at 50% 0.01330
Biggest support 7 days 0.01308

Buy signal: When the first buy signal comes, buy only if you have sold earlier with a higher price and can make a profit. Otherwise let the price go down, wait until the "Change one hour" turns to positive, and the price has hit a buy wall.
Sell signal: When the first sell signal comes, sell only if you have bought earlier with a lower price and can make a profit. Otherwise let the price go up, wait until the "Change one hour" turns to negative, and the price has hit a sell wall. Also as you can see, pivot point resistances are at $142.5 and $136.1.

tonyvo2017

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Quote from: D1v4c on June 09, 2019, 06:43:05 AM

The aggregated crypto markets have been facing some levels of instability as of late, primarily due to Bitcoin’s inability to find any significant stability above $8,000. Despite this instability, Litecoin (LTC) has been on the up-and-up and is only trading down slightly from its monthly highs.

Now, one analyst believes that Litecoin’s price may soon double before it incurs significant selling pressure that sends it reeling lower, and the cryptocurrency’s upcoming ”halvening” event may be the source of this massive volatility.

Litecoin is trading down roughly one percent at its current price of $116, which is down slightly from its daily highs of $120.

$120 remains a key resistance level for LTC, as it has tried and failed on multiple occasions over the past couple of days to break above this price level, which is currently its year-to-date high.
Litecoin Likely to Double in Coming Months, Here’s What May Cause This Surge

Many people predict that the price of LTC can increase from 100% or 150% in Q3 and Q4. Many big investors in my group predict that the price of LTC will rise the highest at $ 220 and they will take risks at $ 200 to buy more.
I think this is the general sentiment of the market and many people will think so. therefore, it is easy for LTC to increase above $ 200.

poodle63

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Quote from: Febo on June 10, 2019, 02:17:39 PM

Quote from: D1v4c on June 09, 2019, 06:43:05 AM

Litecoin Likely to Double in Coming Months

Last time 4 years ago Litecoin had a pump 40 days before halving. that is like 2 weeks from now considering this halving. After the pump it went to previous levels. It is possible same scenario happens. And on long term basically nothing happens beside the pump in next days.

Basically, that FOMO will not last forever and the fact it backs again to the same position before it gets pumped because litecoin doesn't have utility. It looks different with bitcoin consider bitcoin has a lot of utility and accepted by merchants while litecoin still becomes an experimental blockchain.
This cycle is what we have called as pump and dump scheme created by manipulators.
I feel curious why there still person who FOMO litecoin?

stadus

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Quote from: D1v4c on June 09, 2019, 06:43:05 AM

$120 remains a key resistance level for LTC, as it has tried and failed on multiple occasions over the past couple of days to break above this price level,

The resistance is broken now, seems like Litecoin will continue rising going to its halving schedule.
Price now is the highest in this year and there was a decent movement in the past 7 days, it's an uptrend that has not stopped yet.

FlamingFingers

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No doubt litecoin is gonna double in coming months the halving news is really doing a wonderful job in pumping it, the recent movements of bitcoin up and down is not affecting litecoin negatively that's a good sign of great things about to come, hopefully it reach x2 or more

efrenbilantok

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Agree for this I really believe in Litecoin price getting doubled, I am a fan of litecoin since I came in the crytoworld I believed in it's tech. By now litecoin is starting to rise slowly this until it reach the halving we will see the big pump

fullhdpixel

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Quote from: D1v4c on June 09, 2019, 06:43:05 AM

The aggregated crypto markets have been facing some levels of instability as of late, primarily due to Bitcoin’s inability to find any significant stability above $8,000. Despite this instability, Litecoin (LTC) has been on the up-and-up and is only trading down slightly from its monthly highs.

Now, one analyst believes that Litecoin’s price may soon double before it incurs significant selling pressure that sends it reeling lower, and the cryptocurrency’s upcoming ”halvening” event may be the source of this massive volatility.

Litecoin is trading down roughly one percent at its current price of $116, which is down slightly from its daily highs of $120.

$120 remains a key resistance level for LTC, as it has tried and failed on multiple occasions over the past couple of days to break above this price level, which is currently its year-to-date high.
Litecoin Likely to Double in Coming Months, Here’s What May Cause This Surge

Finally, Litecoin has gotten a positive news that will generate more traffic and investors to this project and I really see them booming with this upcoming halving, and the greatest thing is that their halving will be coming when Bitcoin too is also surging because by the coming month, I expect Bitcoin to be increase towards $11500, and with this two active agents, I mean halving and increase of Bitcoin, Litecoin will surely gain a massive increase in the coming month.

So my advice is that investor can still rush to buy this coin now before it is too late for those who are interested in making over double of their investment with Litecoin.

Febo

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Quote from: D1v4c on June 09, 2019, 06:43:05 AM

Litecoin Likely to Double in Coming Months

Last time 4 years ago Litecoin had a pump 40 days before halving. that is like 2 weeks from now considering this halving. After the pump it went to previous levels. It is possible same scenario happens. And on long term basically nothing happens beside the pump in next days.

Zemomtum

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With the upcoming halving of the Litecoin, it will not be a surprise if it double its price. It has been roaring upside for some weeks now and if it should be able to break the $125 resistance level successfully, the possibilities is endless

Bamelin

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Boom to the mooon.

NeverSop

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Quote from: Enzo05 on June 09, 2019, 11:09:58 PM

It's possible because even bitcoin is stable between 7900 usd - 8000 usd litecoin is still increasing and see a potential with this coin. I hope it continue to increase by this year.

Yes, In fact, LTC did not have as many drastic changes as other altcoin when bitcoin went up since May. Perhaps traders / speculators have embedded news for IOTA, XRP, ... But this is characteristics so that we can make a profit with the upcoming LTC. Keeping LTC right now will be a great initiative.

ivanserfg

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Quote from: btc_angela on June 09, 2019, 11:30:17 PM

The thing going with LTC is the block halving, yeah I love bitcoin but this is one one altcoin that I have invested way back. And now it's making a comeback so just like the rest of you guys, I'm positive that this coin will double or even reaches another all-time-high in the next coming months.

I have a great forecast, I also watch lightcoin and I see that it has gone up in relation to bitcoin, T, e if I buy something for dollars now, then of course it is lightcoin, it has more potential for growth.

Andrei_Workout

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Quote from: VanDeinsberg12 on June 10, 2019, 04:05:08 AM

As i expected before it this caused by the halvening but remember bitcoin will face the next halving next year and it will do the same like what already does by litecoin. This day people are betting a lot on the block reward decrease.
To be doubled in coming months look possible but remember the halvening of bitcoin will give the same impact to the bitcoin and make litecoin loss its hype.

did I understand correctly that litecoin has already passed the halving and that is why it is now rising against the dollar. even bitcoin.

_Sergo

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lightcoin began its rise to bitcoin for about a month and is now only accelerating, so doubling it against the dollar can happen very quickly.

VanDeinsberg12

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As i expected before it this caused by the halvening but remember bitcoin will face the next halving next year and it will do the same like what already does by litecoin. This day people are betting a lot on the block reward decrease.
To be doubled in coming months look possible but remember the halvening of bitcoin will give the same impact to the bitcoin and make litecoin loss its hype.

ajqjjj

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Quote from: 5ensei on June 09, 2019, 11:03:19 AM

Litecoin is a better investment than bitcoin this year, that might change after the litecoin halving but for now we should remove a lot of the shitcoins in our portfolios and concentrate on both litecoin and bitcoin

In crypto platform majority of the altcoins are follow the Bitcoin, so Bitcoin is the right option for this year. Obviously many shitcoins are available in the market so those are want quick profit, many altcoins are available in the market. I never suggest the any altcoin in crypto market because Bitcoin will stay in forever.

Red-Apple

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if you are looking at the litecoin price in USD then i disagree with the statement because its USD value will rise a lot more since it is only determined based on bitcoin USD value and bitcoin price is rising hence it is going to (fakely) increase LTC value in USD.
and that is if litecoin itself doesn't rise at all.

but we know that LTC is starting to get ready for a big pump and the result of that can be a much bigger price. if we only focus on its BTC value which is more important then THAT can double.

Bamelin

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LTC is a very safe bet imho.

A bunch of money from multiple coins will flow into LTC pre Halving which should explode the price. Just be aware that post Halving a lot of that money will flow back out as people convert back to BTC.

Long term though, I still think even after a post Halving dump, LTC will eventually reach even bigger highs.

btc_angela

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The thing going with LTC is the block halving, yeah I love bitcoin but this is one one altcoin that I have invested way back. And now it's making a comeback so just like the rest of you guys, I'm positive that this coin will double or even reaches another all-time-high in the next coming months.

Enzo05

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It's possible because even bitcoin is stable between 7900 usd - 8000 usd litecoin is still increasing and see a potential with this coin. I hope it continue to increase by this year.

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