Litecoin price at risk of a 30% drop if key LTC futures historical trend repeats By Cointelegraph

With lower than two weeks till Litecoin’s halving, when the miner’s block subsidy will likely be minimize in half, merchants are questioning whether or not the extra shortage impact will likely be sufficient to maintain the LTC value above $90.

Litecoin’s (LTC) value has declined by 19% within the final 18 days, nevertheless it has proven a constructive 31% efficiency this 12 months. Notably, most positive factors occurred between June 29 and July 2, with a 34% rally pushing the worth to a 14-month excessive of $115.

Comparable occasions in February 2021 and Might 2021

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