Post
Topic
Board Speculation (Altcoins)
Re: LTC will hit 500++ on july 15 2019
by
Fredomago
on 19/06/2019, 14:43:56 UTC
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?

that's a huge jump from its current price. It will definitely rise around halving but it's not clear how high that rise would be. I think it may reach $300 easily but beyond that I'm not so sure but if you increase the time frame it may as well hit $500 which is just a speculation and hearsay.
There's no real accurate predictions regarding to the possible value that this coin can jumped up but halving will help it and with how Bitcoin behaves and the market is getting really good, one big blow will hit this up with a surprise, keep holding and see the possibilities.