Halving of Bitcoin here, halving of Litecoin there...everyone is talking about the price of these two cryptocurrencies and their potential rise to the sky (or moon), due to their halving.

Yes, I also think that the halvening could help the price to rise. Here are the reasons why:

1. Miners reward

Miners reward will be reduced by half. This could mean, that the same Litecoin (or Bitcoin) will be mined with 2x price of the cost of electricity and purchase price of the hardware. True, definetely.

2. Psychology of the market

Very important reason is also the psychology of the markets. When everyone expects the price to be rising, the one buys the asset and helps the price to get up. It´s a kind of FOMO. The same psychology is here with the FUD news and people selling the asset, when they expect the price will go down. It´s natural, just a psychological aspect. And that is what the market is about.

Keep in mind, that Litecoin halving will occur in the August of 2019 and Bitcoin halving in May 2020. Both dates are very close and there is a chance, that last Litecoin price movement means, that this event started to be already counted in the price!