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Author Topic: Litecoin likely to go above $150 in the next few days  (Read 533 times)
Whaleagent (OP)
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June 16, 2019, 05:40:04 PM
 #1

Litecoin has been really strong all year round, it is now forming an equilibrium pattern after a strong bullish move. The current high of the pattern is $144.3 and the low $125.6 The next lower high seems to be forming at $140 and if it is confirmed today, that will be the level to break for the pattern to turn bullish. Of course there is a chance for the pattern to break bearish as well.


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June 17, 2019, 06:30:12 AM
 #2

Litecoin has been really strong all year round, it is now forming an equilibrium pattern after a strong bullish move. The current high of the pattern is $144.3 and the low $125.6 The next lower high seems to be forming at $140 and if it is confirmed today, that will be the level to break for the pattern to turn bullish. Of course there is a chance for the pattern to break bearish as well.



yeah, nice charts and analysis my friend
and for sure litecoin could break and surpass $200 in less than 2 months, or before the halving event happend in this cryptocurrency
regards
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June 17, 2019, 07:07:26 AM
 #3

well, the price of the LTC is really close to $ 150. however, I think that depends on the recovery of the market. when the current price recovery continues to occur for the next few days, I am sure, the price of LTC can reach the price of $ 150. I just hope that the altcoin price can go up high in the near future.

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June 17, 2019, 08:05:24 AM
 #4

I think at the moment the price movements for most coins are tied to the market as a whole. LTC is moving up the same as other top coins, so I don't think it's anything specific to this project. But yes, $150 looks certainly reachable soon.






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June 17, 2019, 08:52:15 AM
 #5

I wouldn't doubt litecoin to go above $150 soon. It's one of the most interesting coins to pile up because of its halving on August. The surge that happened to Litecoin is because of that and to those that bought at the bottom, they are now thinking of their selling point.

At whatever price they sell now, they are already on profit if they bought it under $100.

however, I think that depends on the recovery of the market.
It does not really have to recover but it has surged more than 100% within month's time.

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June 17, 2019, 10:08:56 AM
 #6

It's a matter of time for litecoin to go above$150 and the chance will be wide open. But now, we are facing the price is down deeper than before and it needs another time to see litecoin price can increase back. With the price at $132-$134. litecoin price will increase slowly because litecoin still following bitcoin price. So no matter on where bitcoin moves, litecoin will follow and if bitcoin increase like today, the litecoin can get down for a while.

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June 17, 2019, 11:20:41 AM
 #7

when you are speculating about altcoin prices you should never talk about their prices in USD specially since 90% of investors are investing their bitcoin in altcoins and when you speculate the price in USD and their USD values go up because of bitcoin price rise you will think you made money but in fact you have lost a lot of money by making that investment.
for example over the past week LTC has lost 16% of its value.


as for its price rise, i am mostly waiting for the big halving pump that is coming. $150 is nothing. for the time being these prices are accumulation for the big whales to start pumping it soon.

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localcrypto
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June 19, 2019, 02:48:43 PM
 #8

Litecoin  is very bullish litecoin major development is halving before the halving we can expect litecoin price to touch 350 dollars we can say lite coin is only bullish coin in all altcoins
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June 19, 2019, 03:07:47 PM
 #9

Litecoin  is very bullish litecoin major development is halving before the halving we can expect litecoin price to touch 350 dollars we can say lite coin is only bullish coin in all altcoins

wow $350 before the halving event, this is very optimistic predictions on litecoin
maybe yes, litecoin can touch that price level, but i think not before the halving event, or maybe not in this year my friend
but whoh knows ? if your predictions is right, i'll be very happy, because now i hold few litecoin in my wallet  Wink

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June 19, 2019, 05:07:33 PM
 #10

In a next few day will be hit $150 and i think in a nex month litecoin prices will cross $200. Currently Litecoin has a positive trend, you can see the chart of the litecoin preformance.

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Whaleagent (OP)
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June 19, 2019, 06:32:24 PM
 #11

Litecoin is very likely going to break out from the tight pattern in 2-3 days at most since the range has gotten closer at around only $12. We are currently extremely close to the key level of the last lower high of $140, breaking it would push Litecoin above the last high of 144 and up to 150 in hours.


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June 20, 2019, 03:41:17 AM
 #12

Litecoin is very likely going to break out from the tight pattern in 2-3 days at most since the range has gotten closer at around only $12. We are currently extremely close to the key level of the last lower high of $140, breaking it would push Litecoin above the last high of 144 and up to 150 in hours.


This is something I can predict because recently the LTC value has not changed much, but the trading volume has always remained very high. I think with new events coming up, achieving $150 is possible in the near future and should be patient now to make a good profit. I am personally holding this coin at $85 and will continue to hold until the LTC reaches $200 because surely the old price will soon be broken later this year.

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Whaleagent (OP)
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June 20, 2019, 07:40:54 PM
 #13

A bit of concerning events for Litecoin. Bitcoin broke bullish and LTC was hovering around $140 but was unable to break it and simply formed a double top, this is something that you don't want to see as a bull, however, bitcoin's strength might still help litecoin if it continues to rise. We are now trading in the middle of the range and we could certainly see a bear break at this point.

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June 20, 2019, 08:57:38 PM
 #14

Litecoin price rose really fast. It was surprising considering the way it fell in the last bearish market.  It even felt like the end of Litecoin back then
However, Litecoin is one of the few cryptocurrencies I day trade or hold
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June 20, 2019, 09:01:20 PM
 #15

We are now trading in the middle of the range and we could certainly see a bear break at this point.
The profit takers doing there thing but there is still resistance. The upcoming days will have to been seen how it will play out indeed.

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June 20, 2019, 09:32:06 PM
 #16

Its $134 as of this writing and only a few dollars left for it to hit $140 and its not actually a surprising thing for these coins to rose up
too fast specially when btc is already soaring up where typically on most alts is being dragged up on the current market condition.
For best on day trading no matter which coin you do trade as long it do have high volume,you can really expect the volatility.

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June 20, 2019, 09:36:14 PM
 #17

We are now trading in the middle of the range and we could certainly see a bear break at this point.
The profit takers doing there thing but there is still resistance. The upcoming days will have to been seen how it will play out indeed.

It does seem like LTC usually waits for Bitcoin to go down before going up. Bitcoin broke bullish and hit $9600 and ltc didn't react to it at all so perhaps when BTC experiences some pullback, ltc might take the lead again, possibly in the next few days.

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June 20, 2019, 11:07:37 PM
 #18

Its $134 as of this writing and only a few dollars left for it to hit $140 and its not actually a surprising thing for these coins to rose up
too fast specially when btc is already soaring up where typically on most alts is being dragged up on the current market condition.
For best on day trading no matter which coin you do trade as long it do have high volume,you can really expect the volatility.
With the surge that we have now with btc, it's very likely that we are about to see LTC hit $150 as soon as possible. The pump that LTC showed before IMO was made on its own.

But now, with the help of bitcoin's surge/BTC pairs will actually get a boost to its price and volume as bitcoin keeps bumping on its price. We just made it back to $9500 and our next target would be $10000 where everyone thinks it will break the doubt that we're on the bull run.

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June 20, 2019, 11:22:21 PM
 #19

Its $134 as of this writing and only a few dollars left for it to hit $140 and its not actually a surprising thing for these coins to rose up
too fast specially when btc is already soaring up where typically on most alts is being dragged up on the current market condition.
For best on day trading no matter which coin you do trade as long it do have high volume,you can really expect the volatility.
Its now $135 as we speak but that doesn't mean litecoin will claim the mentioned price range said by the OP because altcoin are highly manipulated and we seen how a single dumped by a whale changed the trend of Bitcoin market acoupke of days back before the market start another surge momentum

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June 20, 2019, 11:38:01 PM
 #20

I think if Bitcoin reaches the $10,000 level Litecoin will follow and hit the $150. But Bitcoin might take a lot of time before reaching the $10,000 level and the rest of altcoins will still going to wait until Bitcoin touches the new resistance level.

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