Post
Maria Fatima
Seems to be people don't understand why I said $LTC chart looks ugly.
Could this be a bottom? Sure. But there's no confirmation to say that.
Zoomed out like this, LTC looks ugly because:
1) Massive destruction of value from the highs. It went from roughly $400+ to $40. That's an 90%+ drawdown.
2) It never truly recovered from the 2017 cycle. The 2021 rally basically made a marginal/equal ATH and then completely round tripped it
#CryptoTreasuryDivides
#CLARITYActSept15
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$78,050.2+0.01%
ETH/USDTEthereum
$2,271.72+0.01%
OKB/USDTOKB
$113.87+0.03%
Today’s market buzz
1#FedHikeOutlookDivided
2#OKXICETradeXYZPerps
3#UnitedForCryptoSecurity
