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$USD 60 IS THE NEXT STOP OF LTC. What do you think about this cryptocurrency?

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onlyprofits

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Análisis LTC 31 07 2020 01.png


In this rise in the cryptocurrency market, most of the attention has been focused on bitcoin, few closely follow the behavior of LTC, an excellent cryptocurrency, lately widely used in many PTC, GPT, FAUCET pages and even HYIP.
Looking at the chart at a timeframe of 1 week, it can be seen that it broke its strong resistance of the $ USD47 zone, now the next stop is the resistance of the $ USD64 zone.
It would be great about predicting to know how long it will hit that price.
What do you think?
 

leithy

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Litecoin is one of the main cryptos so I think it will shadow bitcpin unlike some of the lesser known crypyos which will follow their own path.
 

microunit

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most crypto are kindof directly affected by bitcoin's price , whenever bitcoin price rises their prices also rises, though I think people now are going to altcoins like litecoin because transaction fee for bitcoin is rising
 

De-rector

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most crypto are kindof directly affected by bitcoin's price , whenever bitcoin price rises their prices also rises, though I think people now are going to altcoins like litecoin because transaction fee for bitcoin is rising
Altcoins don't really rely on the price of bitcoin to rise anymore especially at atime when the transaction fee for bitcoin was high the price of litecoin was rising when bitcoin was dripping. The current price of $58 gives better hope for $64 mark any time soon.
 

onlyprofits

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Análisis BTC LTC 31 07 2020 01.png


Despite the huge boom and interest in BTC at the moment, the queen currency remains close to its historical supports regarding the LTC.
Its value has risen little with respect to the LTC.


most crypto are kindof directly affected by bitcoin's price , whenever bitcoin price rises their prices also rises, though I think people now are going to altcoins like litecoin because transaction fee for bitcoin is rising
Many currencies have much cheaper transaction fees than BTC and are more useful, but BTC remains the eina, which sets the standard.

Litecoin is one of the main cryptos so I think it will shadow bitcpin unlike some of the lesser known crypyos which will follow their own path.
I have not analyzed the other currencies, but compared to ETH, LTC has struggled not to lose price compared to BTC, the opposite happens if we look at the BTC / ETH chart.

Altcoins don't really rely on the price of bitcoin to rise anymore especially at atime when the transaction fee for bitcoin was high the price of litecoin was rising when bitcoin was dripping. The current price of $58 gives better hope for $64 mark any time soon.
I agree with you, the LTC is going to reach its next resistance in the short term and seeing that it has struggled with the BTC not to depreciate with respect to the queen currency, then the LTC is one of the currencies that has performed better in these days.
That is very logical, there are many more transactions with LTC due to its low commissions and faster speed.
The BTC in these moements is only a reference, but most of the critical currencies have more utility than the queen currency.
 

krishnamuri

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Yes , litecoin has lot of potential. Before like 2-3 years , litecoin was upto $150 , then dropped suddenly to <$50. Litecoin can touch even $100 in couple of weeks/months.
 

onlyprofits

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The LTC is on track to overcome resistance in the 1960s zone, then it has another one in the 1980s zone and another one in the 1990s zone, whereas the BTC after the current resistance has a free path.
But LTC is one of the few currencies that has not depreciated relative to BTC
 

Niftyicon

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The LTC currency is one that will do well though it dipped a little this morning but at the long run, I think it is going to bounce back and higher,
 

Ivanr01

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I think the LTC will reach this price in the future and possible to reach it's top price for all-time this year.
My opinion can be wrong. I am not trader.
 

Ogotze8

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most crypto are kindof directly affected by bitcoin's price , whenever bitcoin price rises their prices also rises, though I think people now are going to altcoins like litecoin because transaction fee for bitcoin is rising
Not only for the transaction fees involved but also for their affordability. Litecoin is a good crypto given the fact that it has been stabl for a while.
 

Savio

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View attachment 134505

In this rise in the cryptocurrency market, most of the attention has been focused on bitcoin, few closely follow the behavior of LTC, an excellent cryptocurrency, lately widely used in many PTC, GPT, FAUCET pages and even HYIP.
Looking at the chart at a timeframe of 1 week, it can be seen that it broke its strong resistance of the $ USD47 zone, now the next stop is the resistance of the $ USD64 zone.
It would be great about predicting to know how long it will hit that price.
What do you think?
I believe in the technicians that altcoins in the same network with bitcoin rises together with bitcoin .
ltc will move higher than we expect .
 

Josemendez

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I won't be surprise to see litecoin at 64$ before the end of this year . The coin even though fell from $150 to less than $50 has been struggling to get back to its ultimate peak of $150 , and soon it will get there
 

Ademoladm

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Yes , litecoin has lot of potential. Before like 2-3 years , litecoin was upto $150 , then dropped suddenly to <$50. Litecoin can touch even $100 in couple of weeks/months.
True talk, do you know that bitcoin can be mined efficiently with consumer grade hardware online bitcoin and ethereum. Litcoin stands the chance of rise rising very soon
 

Josemendez

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True talk, do you know that bitcoin can be mined efficiently with consumer grade hardware online bitcoin and ethereum. Litcoin stands the chance of rise rising very soon
Litecoin will break the resistance of $64 before this year runs out comepletly . it normally rise when ever bitcoin is on the rise . I wish I invested on litecoin too.
 

krishnamuri

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True talk, do you know that bitcoin can be mined efficiently with consumer grade hardware online bitcoin and ethereum. Litcoin stands the chance of rise rising very soon
Yeah litecoin has lots of potential too. You were talking about the Bitcoin mining with consumer grade hardware , can you tell more ?
 

Ademoladm

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Yeah litecoin has lots of potential too. You were talking about the Bitcoin mining with consumer grade hardware , can you tell more ?
Litcoin is a peer to peer internet cryptocurrency which is growing fast very single day compare to other coins that started with it, it is a open source which is fully decentralize without any central authority.
 

Humbu

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This is one of my favorite Altcoins, it has already reached $60 and it will continue to surprise us. I love ltc because even the fees are not high like btc, I'm observing this one closely.
 

krishnamuri

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Litcoin is a peer to peer internet cryptocurrency which is growing fast very single day compare to other coins that started with it, it is a open source which is fully decentralize without any central authority.
Yeah I was actually asking you about the Bitcoin mining you had mentioned before in the above post. Litecoin is better than Bitcoin in many aspects like network fees.
 
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