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RE: $100 litecoin

in #litecoin7 years ago

It depends upon your time frame.

Personally, I think LTC is going to be huge. That said, will it go straight up? Of course not. $100 will be a strong area of resistance since it is a psychological barrier. If/when it breaks through, watch for a quick move to 105..even to 110. That is what usually happens when the $100 market is broken.

I believe LTC will end up much higher from these levels. Where will it present a buying opportunity? I dont know.

Being in at $40...I think you have enough profit to average up a little. If I were you, I might be some more around here for a run to $100 and then watch that level. Once it breaks the $100 mark, I would go in again.

In fact, that is my plan...I am just waiting for some money to clear so I can put in an order on LTC.

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Thanks for the advice.

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