Litecoin (LTC) investors had a bad time this week as prices dipped toward lower lows. In anticipation of a new high, Litecoin (LTC) has lost momentum and slowed even though the halving event is days away. Likewise, Ethereum Classic (ETC) has also sharply declined as its parent chain goes low. Conversely, VC Spectra (SPCT) is flying high after scoring a 37.5% gain in its public presale.
Will VC Spectra (SPCT) be able to score even higher? Let’s find out.
Litecoin (LTC) is gearing up for its highly anticipated halving event, and there are talks about potential new highs. However, recent charts reveal a different situation as Litecoin (LTC) dropped below the crucial $100 support level and faced continuous market declines.
In June, Litecoin (LTC) reached an all-time high of $112, but by July 26, it declined to $89.8, experiencing a drop of over 19.82%. This decline comes in response to rumors of a “scarcity event” after July 23. Now, investors fear that, like the last scarcity effect in 2021, this time, Litecoin (LTC) cannot keep the price up.
The Relative Strength Index (RSI) indicates Litecoin (LTC) is slightly overbought because of the upcoming halving event. Litecoin (LTC) is only two weeks away from its halving event, and the charts are seeing increased whale selling as they prepare to buy it back just before the halving event.
Amid the challenges, there is a glimmer of hope as Litecoin’s (LTC) trading volume surged, indicating growing interest among investors. Experts predict that by July 2024, Litecoin (LTC) could surge beyond $214
Ethereum Classic (ETC) has been a topic of interest in the crypto world, with its price hovering around $18.09 as of July 26. Earlier in the week, Ethereum Classic (ETC) reached a weekly high of $19.05 on July 19, but unfortunately, Ethereum Classic (ETC) experienced a decline to its weekly low of $18.09 on July 26, resulting in a 5.03% drop.
Ethereum Classic’s (ETC) hashrate has shown an upward trend, but Ethereum Classic’s (ETC) price and Total Value Locked (TVL) have been on a downward trajectory, potentially contributing to the recent decline. Furthermore, the bearish market appears to have settled for ETC.
Analysts warn that if the current support region of $18 is lost, Ethereum Classic (ETC) could experience further declines, potentially reaching new lows. Ethereum Classic’s (ETC) performance in the coming days will determine its future path in the market.
VC Spectra (SPCT) has quickly gained attention as a new asset management blockchain that helps generate sustainable income through a decentralized investment management system.
The platform ensures that investments are protected and wisely chosen by using experts in venture capital and risk management. People who invest in VC Spectra (SPCT) are also included in the blockchain proceedings through exclusive voting rights.
The ongoing presale events have been a big success for VC Spectra (SPCT). In Stage 2, early investors saw a significant increase in the token price, giving them a nice 37.5% return on their investment.
As the presale moves to Stage 3, the token price will increase to $0.025, offering another chance for a 127.27% ROI. Even though the price is higher in Stage 3, it’s still appealing to investors because they believe it can keep growing.
VC Spectra (SPCT) is set to reach a target price of $0.08 per token, giving investors an impressive 627.27% return on their investment compared to Stage 2. This shows that VC Spectra (SPCT) has excellent potential to provide good returns for investors. With its strong foundation and focus on making investors happy, VC Spectra (SPCT) is becoming increasingly popular in blockchain technology.
Learn more about the VC Spectra (SPCT) presale:
Buy presale: https://invest.vcspectra.io/login
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