LTC Price Prediction: Overbought at $68.70 — Fade the Rip or Ride the Breakout to $76?
What this rests on
Summary in preparation.
Market reaction
+0.57 %
before publication
-0.03 %
after
$71price at publication
12series points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Blockchain.News
scoop
Sep 24 09:03
Breaks the event
+23 h 58 m
Blockchain.News
context
Sep 25 09:01
Its angle: overextended, completely, flatlined
Where this sits in the Litecoin series
| When | What happened | Figure |
|---|---|---|
| 21 days ago | LTC a 74.64 $ high | today it sits -20.1 % from there |
| 2 days ago | LTC a 57.47 $ low | today it sits +3.8 % from there |
From what we have stored, starting 22 days ago.