There is no doubt that one of the most prominent coins in the crypto money market is Litecoin. Litecoin, the founder of Charlie Lee and a crypto-money system with similarities to Bitcoin, spent 2018 with big declines as almost all other crypto coins.
However, according to the famous analyst sharing Twitter, this decline period may not be very sad and we can see a serious attack in LTC. Famous celebrities Moon Overlord The analyst, nicknamed the nickname, stated that there could be a serious increase in LTC, and this was attributed to the approach of the half-life.
The same bitcoin, such as the block award will live half life in the LTC, along with the miners won the prizes won the blocks won. Assuming that the demand for LTC will not diminish, this bloc award will reduce the supply and this will reflect the price positively.
Moon Overlord, who combined technical and fundamental analysis on the subject, said on Twitter:
Or Litecoin's half-life is getting closer. The bottom level was seen in LTC about 200 days before the half of 2015. We are currently at full 200 days away from LTC. Two years after the split, the LTC had flown, and if the same trend took place, the target for LTC would be 2021. Yar
If history is really repetitive, then the LTC will continue at the bottom, and after a while, it will break the price again.
Famous Analyst: Half-Life, Always Good Revenue to LTC, Pay Attention to Price is prepared by Nihat Emre KOCAASLAN and published on koinbulteni.com.