Post
Topic
Board Speculation (Altcoins)
Re: Price of Litecoin 2022?
by
jostorres
on 01/05/2022, 21:50:58 UTC
it's really hard to make predictions when currently everything is in a correction position, if I look at the charts at CMC from entering the beginning of 2022, then CMC gives a red predicate from the overall chart and this is certainly not something to be very proud of (beginning of $148 and now $ 101 ), only at the beginning it had increased and continued to fall.

but if we go back for the past year(2021), CMC gives green because there was an increase even though it was not too significant (early year $126 and now $148) but early September it reached $386 and this is quite a significant increase even though it eventually continued to fall along with a big correction in bitcoin.

what about the prediction for 2022? Of course, if bitcoin can increase it is certain that all altcoins will also change, but litecoin probably won't give a big surprise because it has gone too low and what it does is that it can reach the last ATH of course it's something very good.
Just because the price went lower doesn't mean that it is a negative outcome for the future neither. I mean we are talking about something that is common with the market and since the market went down that much then it is normal for litecoin to go down as well. It would be normal because bitcoin was 68k and now 40k, ethereum was higher and lower, bnb was higher and now lower.

Basically everything is lower these days and LTC is among them as well. What you should look at instead is how much it goes up when the others go up, if btc goes up 10% and ltc goes up 10% or more then it is fine, that is the real indicator of if it is still alive or not.