The price of Litecoin (LTC) could skyrocket by up to 200% by July 2023, coinciding with its halving event, reducing miner block rewards by 50%.
After the Litecoin halvings, LTCs' price corrected from its local top, established another bottom, and followed it with another massive price rally to a new record high, as shown below, LTC/USD weekly price chart featuring halving fractals.
Momentum indicators determine an asset's oversold and overbought conditions to predict potential trend reversals.
Past preformance - 2015 ~ +36246% 2019 ~ +1333% 2022 ~ ???
LTC/USD weekly price chart featuring pre-2nd-halving trend.
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