halving is in august 2019, here is the explanation what that means:
https://cryptomining-blog.com/tag/litecoin-halving/i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.
so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.
This is estimated price. I personally think it will hit 680 on july 15.
your thoughts?
Price increase before any coin halving is just associated with the psychology of people that if something will be produced 50% less then before price will go up, and this may be true, but real long term effect occurs only after some time. It is true that some month ago before last halving price is go up to 7.70$, but only because people do not fully understand how is things work.
It was back in 2015 and let's say that 4 years after that people are a bit more experienced, so I do not think price of LTC can jump x5 just becuse of halving. Now price is only 55$, and like all others altcoins most depends on
BTC price - halving will probably have some effect on LTC, but I sincerely doubt it can push price to 550/680$.