LTC back to $40 - $60?The image explains itself. Although it’s in euros, the behaviour is the same.
I have to say I haven’t got any LTC and not planning to buy anything, so I’m not biased at all.
It’s just an idea of what it could happen to LTC. Take your own risk when investing. I’m not responsible of your actions.
As you can see in the previous pump that I have circled in red, everything that goes up, has to go down, and I’ve seen a lot of posts saying it will going up.
To be honest, it’s a possibility, but use your common sense and don’t think it’s always going up, since it has to go down one day and “land” again. Once it “lands”, it has to run through the “runway” to go up again.
That said, I think it will go down, touch the bottom after some small or acceptable pumps, and wait for people’s fear to stabilise.
It’s a correction, but not the end.
Again, trade at your own risk. I will not be responsible of your actions.
