Will Litecoin Bounce From the Bottom?

Hello, Today we will look at the price of Litecoin. Since Litecoin successfully accepted halving for the Reduction of the Diggers Prize (25 - 12.5 digits dug out for a block), its price has fallen double, this has been expected by many professionals and investors. But don't worry, this move will raise the price in the future.How to imagine that this is possible? Let's take an example of gold! Imagine that what you extract as a precious metal is in limited supply it would automatically increase its demand, but since there is not enough bidding his price would jump dramatically. On the graph you can see the formation of the Falling wedge pattern, which is an indicator of the upcoming bullish market. .After the price manages to break through the model of Falling wedge pattern expect the price to reach point 1 if the price manages to break through this point it is quite possible to see a rise again to the previous peak. However, keep in mind that cryptocurrency trading is highly volatile and can always reverse in reverse!

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