Lite coin is what today was not yesterday , it has created the situation for the people like they want to sell but their mind is not accepting it. Some wants to buy but their mind is telling that the price is going to fall more.
During this period all coins were performing like a king of their own zone. Bitcoin reaches to its maximum height of INR 14lac equivalent to $19,556 / BTC. this is the all time highest rice of bitcoin. After this high jump and roller coaster ride major announcement and changes occurred in the whole world.
But litecoin has stuck on the market for last 25 days ever since Mr -----(founder) sold the entire litecoin. cryptocurrency market has become very cautious of LTC . Although this coin has always been considered the no. 1 Altcoin amongst though recent changes were not very favorable with this
coin.
Mr ---(founder) sold / distributed his coin and gave a very innocent statement that , he has become very famous all over the world and since he is the founder of litecoin his statement becomes a news and very sensitive that litecoin get affected quickly. Dear your comment was not hurting as much as its now because you are the founder and sold your own holding. This act affected the market so much that Litecoin just stuck around $230-280 . This is the very reason that ltc has stuck . although it has rised very sharply and jumped in the begining of this month though this incidnt pulled backed the leg of this rising star.
Whatever the reason is market still relies on the capabilities of LTC . The investor and trader are very much optimistc of this coin , and very soon it will run like a bull . This bearish period can be interpreted as price consilidation period. And the trend suggest that it will move in happy new coin year...2018
During this period all coins were performing like a king of their own zone. Bitcoin reaches to its maximum height of INR 14lac equivalent to $19,556 / BTC. this is the all time highest rice of bitcoin. After this high jump and roller coaster ride major announcement and changes occurred in the whole world.
But litecoin has stuck on the market for last 25 days ever since Mr -----(founder) sold the entire litecoin. cryptocurrency market has become very cautious of LTC . Although this coin has always been considered the no. 1 Altcoin amongst though recent changes were not very favorable with this
coin.
Mr ---(founder) sold / distributed his coin and gave a very innocent statement that , he has become very famous all over the world and since he is the founder of litecoin his statement becomes a news and very sensitive that litecoin get affected quickly. Dear your comment was not hurting as much as its now because you are the founder and sold your own holding. This act affected the market so much that Litecoin just stuck around $230-280 . This is the very reason that ltc has stuck . although it has rised very sharply and jumped in the begining of this month though this incidnt pulled backed the leg of this rising star.
Whatever the reason is market still relies on the capabilities of LTC . The investor and trader are very much optimistc of this coin , and very soon it will run like a bull . This bearish period can be interpreted as price consilidation period. And the trend suggest that it will move in happy new coin year...2018
It was valuable information on litecoin. You can find accurate litecoin price here. Thanks
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