Litecoin predictions.

[BlackSpidy]

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



Nice trading!

[assword]

mid $2's to low $3's make sense.
halving is priced in and there is a little too much investor enthusiasm for the short term at this time.

[unusualfacts30]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

[El Dude]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

No it doesn't stop saying this crap.

[BitcoinMagician]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

No it doesn't stop saying this crap.

He has a point. At the moment, cryptocurrency is a developing market. At the moment, bitcoin is the most popular and used crypto. Right now, a lot of cryptocurrencies seem to have gotten a pump (relative to bitcoin, in the past 30 days), arguably thanks to Litecoin. All cryptocurrencies are on the same ship, the ship of public opinion. Bitcoin's price going up will help Litecoin's  price go up. Bitcoin crashing will most probably lead to Litecoin crashing. That is until later, when enough people get a hold of the concept of cryptocurrency, and know how to differentiate between them.

But for now, Bitcoin and Litecoin are on the same boat.
Though it's starting to look like Litecoin is getting it's own reputation/identity, and is highly influencing the altcoin market.

[unusualfacts30]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

No it doesn't stop saying this crap.

I'm surprised you think that way.

Day 1: BTC reaches $1000
LTC reaches $25

Day 365: BTC reaches $200
LTC reaches $3

Day 485: BTC reaches $266 after greece news
LTC reaches $5

it can't be just coincidence. Can it?

Lets look at their chart and see if we can find something in common

BTC



LTC

[BIT-Sharon]

I have so many Litecoin in my hand, what should I do now?

[El Dude]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

No it doesn't stop saying this crap.

I'm surprised you think that way.

Day 1: BTC reaches $1000
LTC reaches $25

Day 365: BTC reaches $200
LTC reaches $3

Day 485: BTC reaches $266 after greece news
LTC reaches $5

it can't be just coincidence. Can it?

Lets look at their chart and see if we can find something in common

BTC



LTC

Litecoin is leading this rally not bitcoin.

I have so many Litecoin in my hand, what should I do now?

Nothing.You do nothing. Learn the meaning of HODL.

[Netnox]

It's the first time i actually see litecoin rising without bitcoin leading the way. I believe it will be much more valuable in the future than it is now. I have tried to incxrease my litecoin stack during this rise buy trading but not very successfull, so i just hold them, but it's so tempting to play the ups and downs.

[pooya87]

i personally am keeping my eye on a couple of things.

the first thing that i think is the most important off all is the block halving of litecoin, the closer we get to it and also a while after the block halving is going to be the most interesting times.

other thing is the bitcoin price, i am monitoring how the price will be since it has an undeniable effect on litecoin price.

anyways i am expecting $6+ soon.

[El Dude]

I think we're headed back down to around the $4.00 range, there we'll see her settle in for a good long while.

And you also think goldcoin is a good coin that is going places. LOL              

[DecentralizeEconomics]

My prediction is that litecoin will make your wallet lighter if you purchase it.

[khalized]

I have so many Litecoin in my hand, what should I do now?

Hold for new highs, what do you think are the chances for new highs? must be greater than 50% so means easy hold.

[HCLivess]

HODL does not always apply

[Netnox]

I think we're headed back down to around the $4.00 range, there we'll see her settle in for a good long while.

Based on what? I think you are watching a very small time frame like the 30 min chart which is wrong. According to my indicators it will go up in price. My first sell will be at 0.025 where i expect some resistance.

[doc12]

I think we will see double digits in $ before the halving. LTC will break it's ATH  (in BTC) ...

[NattyLiteCoin]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

The community decides each other's fate:

https://m.reddit.com/r/Bitcoin/comments/3ci25k/the_current_spam_attack_on_bitcoin_is_not/

[NattyLiteCoin]

I think we will see double digits in $ before the halving. LTC will break it's ATH  (in BTC) ...

My 21 July prediction of $5.76 will be blown out of the water. We will be at $7 by August.

[lampjob]

bitcoin decides ltc fate..ltc is lucky to have such a good friend

Thanks, Bitcoin.  We'll take good care of you in your sunset years.
 

[HCLivess]

ltc/btc 0.02222222222222222222222222
broke most short-term predictions