Litecoin sets another year high on it's way to halving

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Garry Kabankin
Jun 11, 2019

Litecoin did a rapid +10% move on Monday upon no visible triggers.

Performance since the start of the year: 4x.

Halving: in less then 60 days.

Recognizable HTF pattern:

Opposite trends - social volume vs price


entire life of weekly candles for LTCBTC, red lines = halving in 2015 LTC topped out 5 weeks before halving if it was a repeat of 2015, that means we'd top out in 2 weeks
  • I really believe LTC will moon after the halvening. No efficiency gains from new miners = price needs to rise for miners to stay put.
  • LTC's halving is 56 days away. That's enough of a signal for some people to pump their money in to LTC instead of BTC for now 🤷‍♂️
  • Eos & ltc must be way better then eth.
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Garry Kabankin
Jun 11, 2019

Thanks for reading!

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Assets from this insight

Litecoin logo


$ 55.94

1.32%in last 7d