Litecoin About to Drop 70% – $18 incoming!
Litecoin About to Drop 70% – $18 incoming!
Similarities are obvious;
Shortly after the fake golden cross in february, price crashed hard (about 70%).
In addition, the RSI was at similar levels when the crash happened.
Furthermore, LTC didn't pump with all other coins (ETH has gained about 100% from february prices whereas LTC has lost 30%, showing that there is no demand for LTC while there is demand for every other coin out there).
LTC will drop to $18 and ETH, BTC, etc. will continue to rise. LTC/BTC ratio will as a result be obliterated.
Similarities are obvious;
Shortly after the fake golden cross in february, price crashed hard (about 70%).
In addition, the RSI was at similar levels when the crash happened.
Furthermore, LTC didn't pump with all other coins (ETH has gained about 100% from february prices whereas LTC has lost 30%, showing that there is no demand for LTC while there is demand for every other coin out there).
LTC will drop to $18 and ETH, BTC, etc. will continue to rise. LTC/BTC ratio will as a result be obliterated.
Komentarz:
