Litecoin value liable to a 30% drop if key LTC futures historic development repeats

With lower than two weeks till Litecoin’s halving, when the miner’s block subsidy will probably be minimize in half, merchants are questioning whether or not the extra shortage impact will probably be sufficient to maintain the LTC value above $90.

Litecoin’s (LTC) value has declined by 19% within the final 18 days, nevertheless it has proven a constructive 31% efficiency this yr. Notably, most features occurred between June 29 and July 2, with a 34% rally pushing the worth to a 14-month excessive of $115.

Related occasions in February 2021 and Might 2021

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