LTC EUR small drop before a higher rise (Sunday-Monday)

I think there is going to be another drop in short-term of BTC. Many new investors coming in BTC and after seeing a 400€ drop in a few minutes, are waiting for the bounce to get out. Also many analysist are talking that the bubble could pop anytime soon, and it is normal after the recent rises over 10% a day people will try to sell. LTC and most of altcoins drop when BTC falls.

However, after this, I think LTC will grow a lot as it was trying to reach 35€ again before the yesterday fall, probably until 40€ or 45€, very close to XMR.

Just my opinion :)

評論:

Well... heavier fall than expected :S

I think it is going to recover slower than I said on Friday. During this week will reach last week values with a couple of falls, probably at 25€ and ~30€ EUR/LTC (people collecting profits and then people who sold trying to enter again after the storm :P)