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 think history will not repeat again. The previous Halving happened at the time the LTC value was not too high and the coins were still quite cheap to buy. but now the price of LTC is quite high and the halving event will not help its value easily x7. Investors also cannot have that much capital.
Besides, the BTC holding volume is very much traded. so the chance to x5 or x7 is very difficult. I only dare to guess its price has risen to $ 200 is the highest.