Litecoin 100$steemCreated with Sketch.

in #steemit7 years ago

Today litecoin had a very good run up and it is still going. Right now the price is around 63$ and yesterday it was 55$. Now that might not seem like a lot, but it actually is. We will see if it cat hold that level or it crashes back to its previous price and how the fork effects it. Overall I think that a lot of money from Bitcoin moved into litecoin because honestly the bitcoin price was just getting too high. Now it seems like people got a little bit confused or even scared of the price action. We cant tell what is next. There is the option where from here it goes up again before the fork happens and after that crashes or it might simply keep going down and test the 6500$ - 6000$ levels. Nobody knows what exactly is going on, but regardless I wish you all best of luck in your journey.

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