Litecoin Price Prediction: Pullback to $68 Is Natural. Time to Enter the Market?


Litecoin Price Prediction: Pullback to $68 Is Natural. Time to Enter the Market?

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

What a surprise! All cryptocurrencies dropped overnight, and Litecoin had a major 9% loss. Traders say that it wasn’t unexpected – all coins should have dumped a bit after such a great advancement. But what’s next? Will LTC recover from its $77 position, or there are more threats ahead? Let’s read Litecoin price predictions from Twitter to figure this out.

What’s happened to LTC?

The crypto community was anticipating LTC to reach the $100 level, but that didn’t happen. Instead, LTC dropped below the $80 level:

The pullback was natural, and a few more moves downwards shouldn’t discourage you, either. All in all, Litecoin looks normal, and technical indicators are all OK:

Generally, LTC’s future looks bright, and some traders expect mind-blowing profits:

If you have it – hold. If you don’t – buy! This is a high time to make an investment!

Cover image via u.today
In this Telegram channel you’ll find fresh news, interviews, infographics, forecasts & other helpful stuff. Join U.Today's channel.
👓 Recommended articles