Litecoin Price Prediction for September 2019: Can Bulls Get Back LTC to $100

[pankowri]

The price dynamics of Litecoin has been very disappointing in recent times. After reaching a maximum in June 2019 at $146, the cryptocurrency has faced serious selling pressure. As of August 23, Litecoin was trading around $75, showing a decline of almost 50% for 2 months. Halving, which was considered a bullish factor for cryptocurrency, could not push the coin to new highs.

https://news.u.today/news/litecoin-price-prediction-for-september-2019-can-bulls-get-back-ltc-to-100-after-halving

If you have any prediction, you can discuss here.

[ePesoInitiative]

The Litecoin crash is indicative of the general bearish sentiment in altcoins. Blame it on Bitcoin taking 70% of the marketcap of all coins. When LTC finally recovers it will dependent mostly on the sentiment of market participants and not the technical updates the network gets.

[poornamelessme]

I think LTC can reach $100+, but not necessarily in Sept. More like if BTC rises, it'll lift LTC up too -- meaning one is better off just holding BTC instead of LTC.

The LTC halvening boost was priced in like 2 months before the actual event. Of course not everyone knew that is how it'd play out, but apparently that is how it did.

So if holding LTC, I guess just continue to hold it. I wouldn't necessarily suggest new investors jump onto the LTC bandwagon right now though.