halving is in august 2019, here is the explanation what that means:
https://cryptomining-blog.com/tag/litecoin-halving/i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.
so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.
This is estimated price. I personally think it will hit 680 on july 15.
your thoughts?
I'm not sure. Future developments tend to be priced in well in advance of them actually happening - the old adage of 'buy the rumour, sell the news'.
It could be a good development, but people who trade will be aware of the history, and I don't think that sort of spike will recur.
Who knows though, I may be completely wrong - all predictions in crypto are guesswork, we just try to learn and improve the accuracy of our guesses.