LTC likely to adjust above $50 by end of July

21 Jun 2017

Looking at our chart (1 day Candles) we can see that there has been a break in our uptrend. I anticipate some drops coming up, but I expect LTC to ride our 2/1 Gann line (has been consistent with this support and resistance) to $50+ by the end of July. I think that the absolute lowest drop we are still susceptible to is at the $36 level, but I see it being highly unlikely. I expect some dips into the lower 40's (where we have a new support line at $40), maybe high 30's but generally expect to see an uptrend for the next month. Will keep updating over the next couple weeks. We're all hodlers anyways ;)

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