As most of you know, this weekend has seen a huge increase in the price over Litecoin, up over 32% in the last week.
Don't you just love cryptos? How many investments can net you over 32% in a week! Absolutely amazing!
It is my perspective that LTC will continue to increase in price over the next few weeks, testing even new highs in the $80s.
How many of you think LTC will be over $80 in a few weeks?
And, what's your projection for the end of the year.
My prediction is that LTC will be well over $100 by the end of 2017!
What say you?
Follow me @cryptomanna007
LTC tends to shoot up in value quickly and then it goes through a consolidation phase, and then repeats. I'm thinking it will hover around this price for a bit, and then in a few weeks make its way to around $75. Just my guess though. Good luck to you!
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Upvoted and followed.
I think $80 is realistic. It would not surprise me if we sat between $60-$65 for a while as the market consolidates this run up. It would be healthy for LTC to go sideways for a little while before ramping up again and moving to the levels you mention.
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Very interesting. I personally am brand new to cryptocurrency and am still figuring my way through it. I had en't made any investments yet and, to be honest, this is my first time hearing of LTC. However, it sounds extremely interesting and perhaps a promising investment. Do you think this growth is temporary or do you believe it will keep growing for a long time? Thanks for the information!
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Welcome Josh.
Of course there could be a pull back. That said, LTC is going to move upward over the next year or so. It is a faster version of BTC and might ultimately being the little brother to it. Either way, I would say that you are looking at it hitting $100 before year end unless we are hit with a downdraft in all cryptos in general for a few months.
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Thanks for the reply! Yeah I'll have to look into it. I am constantly amazed by the successes of cryptocurrencies, the little bit I've seen here and there and can understand, that is. Makes me think I should get in the crypto game. Thanks again!
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I would agree.
The consensus from those I have read (and followed) is to start with the big ones. Start your research with bitcoin, litecoin, and ethereum. All offer differ technologies while having the likelihood of lasting long term. After that, you can look to other alt-coins in the top 20 or 30.
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Thats awesome! Thanks so much for the information, I'll do that, thats very helpful :)
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This is precisely the route I have taken. So far so good!
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I am still in the big 3 stage, I havent delved into the other altcoins as of year but I will be in the future.
Still trying to get my foundation set with the others.
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While no one know for sure, I personally believe that LTC is a great crypto currency, and thus, will see very good price appreciation in the weeks/months ahead.
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