Bleeding Litecoin with its capitalization is very difficult. And given its 'value' for the ecosystem, it is also risky. To pump Litecoin you need a very planned action with the attraction of large capital. And this is unlikely to go unnoticed, since pampit should be mainly on top exchanges. And considering that Litecoin has recently been above the same Bitcoin or something else, it doesn’t really rise much, then it seems to me easier to dump, something else. Well, it is not enough just to dump (raise the cost), you still need to throw off all the purchased coins at the price to which they bring, there is not enough liquidity here.
'Litecoin' = January 27, 2019.
Highs of the week # 3 = updated.
Correctional wave = formed.
I fix it = on the chart.
New impulse wave = formed.
Decrease = 220 pips.
Trend = upward.
Bulls / bears stormed = alternately.
Highlight bulls = $ 30.31
Allocate bears = $ 31.81
Divergence = Started.
Oversold = 16.92%.
Unreasonable sales = 100% sales ban.
Volumes to buy = slightly decreased, minimal.
Litecoin has provided entry points to the market = buy $ 30.31 @ sale $ 31.81
Expect = reduction in price of the crypt to $ 28.78
Will the forthcoming private transactions on Litecoin create a use case for Litecoin beyond being a testnet for Bitcoin?
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