Will the LTC price hit $3? How wide market altcoin indices can predict

[grouper fish]

So when is the next wave and how high should it go? I dont think I fully understand that picture.

Is it the next wave up that we have been seeing the past few days?

[NattyLiteCoin]

It's on a log scale so use your imagination.

[Donpedro-xx]

My prediction was almost true. The price crossed this mark, but has not been able to keep it 

[prodigy8]

Well i see that the ltc price has become $4.63265243    
and the market cap is $190,244,782.6    

[Romanko]

Litecoin blockhalving day is only a month away (08-25-2015) so I think we will have some movements with LTC price soon.

[talkbitcoin]

i see some movement in the litecoin market.

what do you guys think is happening and how much can the price go up?

[moneymaking1]

It will go to 10$+ this year 

[NorrisK]

It will start moving again soon I guess. Will be interesting the coming 2 weeks! I think we will see 0.03 again, maybe come close to 0.05.

[grouper fish]

It will start moving again soon I guess. Will be interesting the coming 2 weeks! I think we will see 0.03 again, maybe come close to 0.05.

0.03 would be great, and 0.05 would make me very happy. 

Will the rise be depending on a similar BTC rise? Will LTC move up even if BTC doesn't manage to break 300?

[Za1n]

It will start moving again soon I guess. Will be interesting the coming 2 weeks! I think we will see 0.03 again, maybe come close to 0.05.

0.03 would be great, and 0.05 would make me very happy. 

Will the rise be depending on a similar BTC rise? Will LTC move up even if BTC doesn't manage to break 300?

Until the halving I think LTC price movements will remain independent of BTC somewhat. After the halving I think LTCs price will find its stability point with respect to BTC and begin following the price of bitcoin more closely as it has in the past.

[azguard]

Halving will only make price stable for now i dont think it will go up for

[Romanko]

Halving will only make price stable for now i dont think it will go up for

Most of litecoin holders will be happy if the price will not go down from current level back to 1,6USD.
But if the BTC will fall back to 220-240 or grow above 300 LCT price will be influenced for sure.

[grouper fish]

Halving will only make price stable for now i dont think it will go up for

Most of litecoin holders will be happy if the price will not go down from current level back to 1,6USD.
But if the BTC will fall back to 220-240 or grow above 300 LCT price will be influenced for sure.

Would the current price keep mining profitable for most miners after the halving? Should mining profitability be considered a good indicator of price?

[Za1n]

Halving will only make price stable for now i dont think it will go up for

Most of litecoin holders will be happy if the price will not go down from current level back to 1,6USD.
But if the BTC will fall back to 220-240 or grow above 300 LCT price will be influenced for sure.

Would the current price keep mining profitable for most miners after the halving? Should mining profitability be considered a good indicator of price?

Well people were still mining it when it was ~$2.00, so I would think mining at $4.00 would be profitable after the halving takes place.

[azguard]

think for price to bee around 10$ after halving + or - 1-2$ in range i might be mistaking but that is the price that i see for now