The crytpos wave seems to never end. They had a good run by mid-summer but retired in August. But in mid-October the uptrend resumed and hasn’t stopped since. Instead, he increased the pace further.
The crytpos initially crashed at the end of February when the coronavirus broke out in Europe, but they have reversed the hand has been bullish since then, this shows that the market view for them has changed; they are taking on safe haven status now that all currencies in the world are vulnerable to unexpected crashes.
LITECOIN earlier this month it was trading at around $ 50, but has since risen, gaining over 50% in value and surpassing $ 80. Moving averages are pushing it higher, especially the 20 SMA (gray) which also shows that the pace of the climb is quite strong. We will try to go on for a long time LTC / USD , when the 20 SMA reaches again.
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