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

Price Predictions
Fri, 04/12/2019 - 10:28
Vera Yurina
🔥🔥🔥Is LTC’s pullback a temporary occasion? Read Litecoin price predictions from Twitter users to find out how to trade LTC with maximum benefit
Cover image via U.Today
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:

No need to worry

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:

LTC mid-term prospects

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

What to do with your LTC reserves?

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

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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions, can be contacted at vera.yurina@u.today

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