Confidence in LTC market

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Hi again,

My second thought is about LTC coin depending on the tranding markets. Markets have the power to fluctuate cryptomarket with great efficiency. The confidence has a big impact on the price. So, i make a review in the market confidence of LTC. . Fig.1 shows that a big percentages of the whole market has a strong confidence about price.

 

Confidence of whole LTC Market

As we can see in main sites about variations and markets in cryptocurrency (i.e. https://coinmarketcap.com/currencies/litecoin/markets/), the confidence has an uptrend. Resistances will break easily as before. Next price after 85$ will be 87.3$, 89.4$, 92.8$, 94.8$, 97.5$ and so on if we evaluate from the prospective of markets. 

The second scenario has maximun peak at 86-89$ and exponential falling will catch a price around 80-82$ and keep the downfall trend.

Again, people make the trend and will follow it as usually. 

Regulation and Society adoption

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