Litecoin label in threat of a 30% fall if key LTC futures historical pattern repeats

With less than two weeks till Litecoin’s halving, when the miner’s block subsidy will likely be lower in half, merchants are questioning whether or no longer the further shortage set aside will likely be enough to sustain the LTC label above $90.

Litecoin’s (LTC) label has declined by 19% within the final 18 days, on the opposite hand it has shown a obvious 31% performance this year. Notably, most gains came about between June 29 and July 2, with a 34% rally pushing the price to a 14-month excessive of $115.

Identical events in February 2021 and Would possibly per chance also merely 2021

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