Litecoin approaching extreme value buy.
Very simple position to take. Buy in the rectangle and wait. Long term trade.
On the fundamental side, crypto is getting punched in the gut and following stocks indices (inflation, higher rates etc.). Litecoin has also recently moved towards being privacy focused, a bit like Monero (XMR). It might push it towards being bit more to the underground, as governments will not like it and force centralized exchanges to act. But some people might like it and crypto that isn't at the reach of institutions' grabby hands can be less manipulated.
On the fundamental side, crypto is getting punched in the gut and following stocks indices (inflation, higher rates etc.). Litecoin has also recently moved towards being privacy focused, a bit like Monero (XMR). It might push it towards being bit more to the underground, as governments will not like it and force centralized exchanges to act. But some people might like it and crypto that isn't at the reach of institutions' grabby hands can be less manipulated.
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