LTC & STEEM Crushing It For The Daily -- LTC Rally's On Halving SpeculationsteemCreated with Sketch.

in #bitcoin5 years ago

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LTC has been a monster. All of the bull pressure is coming from the total speculation that LTC will drive up in price once the reward block halving occurs in August.

We saw this SAME THING play out with BTC during the last block half. The speculation drives prices PRIOR to the half, but doesn't carry though. It's completely speculation-based and already priced into the markets.

Let's look at STEEM

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We're seeing nice upside today with STEEM, despite a slight pullback in the markets today.

STEEM needs to see bulls rally to hold daily closes above the $0.44 level as string resistance is occurring in this zone.

Hope you're all having a great Tuesday! The rest of the markets are just chillin' right now, so nothing major to report on.

Happy Trading!

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Thanks for posting the update

thanks so much!

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