So, litecoin is dead. Long live litecoin!
Anyways, we've all noticed the speculative boom that Litecoin has received these months preceding its halving. Litecoin has quadrupled it's price over the last 8 weeks. This boom seems to be mostly fueled by speculation about Litecoin's price past the halving, and I believe that the price cant rise much more, probably not above $6 or $7. So I drew a few lines that predict a few scenarios when it comes down to what LTC's price will do these following months.
For those who have trouble understanding the following image, here are a few predictions for the next 8 months.
By November, the price will have dropped to $4.70, $4.50, or $3.50. From there, it might go to $3.70 by December. By March 2016, the price will go to ether $3.65, $5.40 or $5.53
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGIukdvo.png&t=665&c=m6FBj6t3olgT1g)
Nice trading!
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