Why Litecoin’s 2023 halving may not repeat its historical rally

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Why Litecoin’s 2023 halving may not repeat its historical rally
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The Litecoin halving would happen later in the year, but there was no clear sign that there would be a repeat of previous cycles’ rally. Long-term LTC investors could be waiting for the event’s aftermath before selling for profit. After undergoing two halving events in 2015 and 2019, respectively, Litecoin [LTC] would go through its […]

The Litecoin halving would happen later in the year, but there was no clear sign that there would be a repeat of previous cycles’ rally.After undergoing two halving events in 2015 and 2019, respectively,

In the lead up to the previous halving, LTC bottomed then picked up a price increase. In 2025, the coin rallied 820% before the event, whilst 2019 produced a 550% uptick in similar circumstances. Indications from the Exponential Moving Average revealed that the mid-term LTC view might not be a buyers’ market. This was because the 50 EMA rose above the 200 EMA . Such situations usually end up with consolation or a price decline. However, that does not completely neutralize the projection for greens.

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