Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: babu10 on February 28, 2021, 04:10:58 PM

Title: LTC down price prediction.
Post by: babu10 on February 28, 2021, 04:10:58 PM
(https://i.imgur.com/8cbEMyL.png)

There clearly seeing that LTC going down as market are in correction. So like others coin lovers, LTC lovers are also scared with this price falling. So can any one guess how much down LTC may go and why?

Title: Re: LTC down price prediction.
Post by: Lukasz on March 02, 2021, 11:18:16 AM
Litecoin is very dependent on bitcoin and the chart above is the proof. Once uncertainty and bears takes over people tend to sell and go in to USDT and other stable coins unlike proof of stake coins LiteCoin is proof of work and there is less incentive in comparison to proof of stake coins and tokens to hold it
Title: Re: LTC down price prediction.
Post by: Giangphuong8489 on March 02, 2021, 11:55:43 PM
I see the LTC price has grown tremendously all the time, correction is in progress but it is reasonable to be ready for an upcoming bullrun. Currently LTC has not reached the ATH in 2017, it only goes half the way to 360 USD, I believe LTC will do that in 2021 with ease. LTC is a reliable crypto asset similar to BTC.
Title: Re: LTC down price prediction.
Post by: Dreamer on March 03, 2021, 12:31:39 AM
Quote from: babu10 on February 28, 2021, 04:10:58 PM
There clearly seeing that LTC going down as market are in correction. So like others coin lovers, LTC lovers are also scared with this price falling. So can any one guess how much down LTC may go and why?
Many altcoins including Litecoins are getting influenced by Bitcoin moves to dump or pump! That is if you compared Litecoin graphs and BTC's you will see that by yourself (they go up and down together)! This means LTC can dump huge if BTC goes back to under $20K, but we may see LTC in a new price record if BTC will pump instead of dumping.