Hope we will touch the lower
40th . Still have the open gaps on the way down . IMO to early to bounce that hard...
Politecoin
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@AlexZverev, theoretically, yes it does seem a bit early to start the bounce...but it is litecoin. Ltc does tend to set the tone often times, so a violent move in either direction wouldn't be shocking. I can image it going further down, but its so oversold as is. I had imagined 50-52$ would be the landing spot, but 57$ seems to have stopped the bleeding for now. Time will tell.
mezase
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@Politecoin, Litecoin is a dead, irrelevant coin, it will just follow the rest of the market... cuz bots
Politecoin
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@mezase, thanks for your analysis. i'll write about it in my journal tonight.