Litecoin is on the verge of breaking an 8 year downtrend against bitcoin. This could lead to an absolutely ridiculous move occurring over the next few months and potentially up to a year. The trend line has been well tested and historically speaking when litecoin breaks out against bitcoin it tends to run hard and fast. Be on the watch for a break of this trendline as it could mean it's time to pack your bags. If this comes to fruition the price of litecoin could be poised to outperform bitcoin by a factor of 7x in the near future. A measured move would bring us into resistance at around .025. At that point I would be taking profits into bitcoin. Good luck!!
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