I wrote two simple articles about Litecoin 3 months ago on Steemit, and I really was right about my expectations.
both of them were very simple without any complications.
the 1st was about Charlei Lee when He Quit Coinbase and said He will give all his time to the development of Litecoin,, that timw the price of Litecoin was playing between $23 to $29.
you can read the article here: https://steemit.com/ltc/@cryptosteve/charlie-lee-quits-coinbase
the 2nd article was only few days after the firs one.. and Litecoin went to over $39.
you can read it here:
https://steemit.com/litecoin/@cryptosteve/litecoin-is-rocking-as-i-expected-thank-god-for-the-good-revenue
right now if you look at the price of Litecoin you will see that It hits almost $92. and I personally believe that this only the beginning for the sleeping Giant to wake up.
in the past 6 months Litecoin was the only cryptocurrency that builds strong support lines,, It went from 4$ to 11$ to 23$ then to $35 to $60 and now to $90... and I personally noticed that Liecoin Price never dropped more than 30% (I mean the price correction) when it achieves a new record from the beginning of the year.
today I see Litecoin at $90,, and if you take a look at the factors behind this huge rise, you will see mainly Korean and Chinese exchanges are pushing the price with massive volume in the market.
According to the daily volume of Litecoin and a lot of developmet that was done for it including Segwit and Smart Contracts I personally can see Litecoin at $200 minimum in a short period of time because evenn $100 mark is still not enough for Litecoin.
without forgetting cross-chain transactions with Bitcoin that will take place anytime soon and will result a huge demand for Litecoin in the market, plus the low fees of Litecoin which makes it a delicious investment for big investors that can put millions in it.
Cheers and Have a Safe invetment.
