![]() That being said, I do not necessarily think that is the most likely of things that happen, but you always have to keep both scenarios in the back of your head. As far as selling is concerned, if we were to break down below the $138 level, then I think the market could drop rather significantly. Looking forward, I believe that as soon as we break above the $165 level, the market will more than likely start to accelerate a bit to the upside, and that is what I will be adding to my position. The $300 level has been a major barrier in the past multiple times, so I do think that if we were to get to that area it would be a bit too much to expect Litecoin to continue taking off. Whether or not we can break above the $225 level is a completely different story, but if we do, then it is very likely that we will go looking towards the $300 level. The quick transaction times have a lot of fans, me included. Litecoin also has seen adoption pick up a bit, so that should continue to drive up the price of the coin itself.
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