Litecoin course forecast: Why does the correction currently fail violently and is the Halving rally over? An analysis of the weakest top 10 coins and lucrative opportunities in the meme coin segment.
Litecoin course forecast: Why does the correction currently fail violently and is the Halving rally over? An analysis of the weakest top 10 coins and lucrative opportunities in the meme coin segment.
litecoin (LTC) is currently the weakest top 10 coin on the market and has losses of over 1%. The market capitalization is currently $ 7.087 billion. In the past few weeks, LTC has recorded losses of over 5% and is therefore at the end of the ranking. The question is why the correction is so strong and whether the halving rally is already over.
The current Litecoin course has moderate losses in a consolidation phase. In the past two weeks, however, LTC has recorded a total of 12% profits. It turns out that it is a counter -movement in the bullish course development. LTC moves in a trading range that was previously used for accumulation. The consolidation will probably continue for a while, but the strong support level between $ 90-92 should limit further losses. In the unlikely case, the LTC course could fall to the level of $ 85. However, the starting point remains constructive.
A trader points out that the volatility of the Litecoin has dropped to the lowest level in the past six years. This could indicate an upcoming great movement. The current price level offers a good opportunity to accumulate LTC.
An interesting alternative to Litecoin could be the meme coin Thug Life (Thug). The token is about to be completed and could be an exciting option at short notice, while LTC continues to consolidate. During the Presales, 70% of the Thug-token are offered at a price of $ 0.0007. The Thug Life team will block the liquidity of the market launch on decentralized stock exchanges in order to strengthen the trust of investors. It is expected that Thug could achieve impressive performance.
It is important to note that investments are speculative and can be associated with risks. The use of the website and the investments made should only be done in a legally permissible manner and according to its own diligence.
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