Is the Litecoin halving a catalyst for a new crypto rally? With the Litecoin (LTC) halving just 80 days away, investors are closely watching to see if history will repeat itself. Litecoin (LTC) will undergo its next halving on August 10, in less than three months. The event will reduce miner rewards, potentially impacting the cryptocurrency's price and overall market sentiment.

The upcoming halving, scheduled to take place on block 2,140,000, will see block rewards dropping from 12.5 LTC to 6.25 LTC. This reduction in supply is a key factor driving speculation about a potential price surge. The event will significantly decrease the rate at which new Litecoins enter circulation.

Technical analysis suggests potential price movements. Hace 1 día Key Levels: Immediate support at $94–$98 (13M LTC accumulated here). A break above $105 resistance could trigger a rally toward $137 (Fibonacci 161.8% extension). These levels are crucial to monitor in the lead-up to the halving. Should LTC break through the $105 resistance, we might see a significant rally.

While past halvings have often been associated with price increases, it's important to consider the current market realities. Litecoin Halving Event: An Ageless Supply Shock in the Wake of New Market Realities. The broader economic climate and investor sentiment play a significant role in determining market outcomes.

Despite potential headwinds, Litecoin has witnessed strong momentum throughout its upward move, building a solid foundation. The combination of reduced supply and growing adoption could fuel a positive price trajectory. Keep an eye on Litecoin's performance as August 10th approaches to gauge whether it will indeed spark a new crypto rally.