{"id":388904,"date":"2019-07-06T15:00:56","date_gmt":"2019-07-06T15:00:56","guid":{"rendered":"https:\/\/wncen.com\/?p=388904"},"modified":"2024-06-11T15:04:58","modified_gmt":"2024-06-11T15:04:58","slug":"litecoin-ltc-may-break-or-soar-in-a-months-time","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/litecoin-ltc-may-break-or-soar-in-a-months-time\/","title":{"rendered":"Litecoin (LTC) May Break Or Soar In A Month\u2019s Time"},"content":{"rendered":"
Perhaps the highlight of Q3 2019 will be the Litecoin halving. In a more involving and mature market, the reaction after the event could either disappoint or elate traders. An exponential rise will spur FOMO. However, if LTC dip or range hinting of a \u201cpriced-in\u201d situation, traders would be deflated. For now, LTC is stable above $100. <\/em><\/p>\n The clock is ticking, and it\u2019s less than a month to Litecoin halving. Hard-coded in Litecoin\u2019s source code, rewards will be slashed. If demand remains the same, then market forces will naturally re-price LTC higher. In that case, prices could surge to new levels, immensely increasing the Return on Investment (ROI) of LTC holders.<\/p>\n Even without this halving<\/a> event, Litecoin performance is thus far exemplary if not leading. Preceding Bitcoin\u2019s revival, Litecoin bulls were rampant following a string of good news around plans of Mimble Wimble<\/a> incorporation. Such a hard fork automatically scales the network while concurrently improving the privacy of LTC transactions.<\/p>\n For now, Mimble Wimble talk has faded. Instead, speculators are realigning to reap dividends assuming next month\u2019s halving syncs with past events.<\/p>\n In other news, the Dementia Society of America (DSA)<\/a> is the latest to accept a range of crypto assets, including Bitcoin and Litecoin. Discerningly, the idea is to avoid paying taxes since donations in cryptos like LTC or BTC<\/a> are not deductible.\u00a0 Under the initiative of \u201cClick-to-bricks,\u201d donors will swap the amount of crypto donations to bricks for use in the construction of their headquarters.<\/p>\n \u201cThe Giving Block to expand our crypto capabilities and engage the community, thereby expanding our reach. We will now accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and USD Coin for general fund donations, legacy donations, and those donations made in memory or honor of a loved one.\u201d<\/p><\/blockquote>\n <\/p>\nLitecoin Price Analysis<\/h2>\n
Fundamentals<\/h2>\n
Candlestick Arrangement<\/h2>\n