Litecoin Soon to Capitulate
The cryptocurrency bear market is soon to accelerate. Litecoin has yet to be affected but soon it too will start the next capitulation drop. My target is 13 yuan. Expect the ltc/btc ratio to drop to 0.005-0.006. Bitcoin will also continue the bear market, following capitulation and panic in altcoins. Look for a big breakout for litecoin after it breaks support near 21 yuan.
Disclaimer
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.