LTC .. Box to breakout North.

١٤ ديسمبر ٢٠١٧

I think the consolidation at this mental number of $300 is allowing LTC to rest as it builds strength to retest the ATH. We should see a breakout of the box and reach $420 to $450 before consolidating again for the run up. While we have seen the marketcap of LTC falter today a little due to the rise in prices of ETH and others, this should not diminish the long term outlook of 2018 for Litecoin. With CME fast approaching we will see an influx of Normies looking to enter the Crypto space and they will like the allure of holding a full coin over a partial coin. Litecoin at $400 is a lot easier to take a risk on with the prospects of price action moving north.

Charlie Lee is still out hitting the news outlets making a case for litecoin as being the best option for a daily spendable currency.

Stay Tuned