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[onlyprofits]

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?

 

[KarthikP]

I think the reason is that bitcoin and ethereum are popular coins with several daily transactions , and so they it is normal if they have high fee transaction .

Yeah this can be the reason and also maybe another reason it also depends on the way the particular blockchain works.

 

[microunit]

bitcoin is popular because it is the first ever cryptocurrency, and ethereum has been popular because of its forked tokens from it, hence increased transactions for both of these cryptos, I think mining in either of them is really profitable as transactions are flooding

 

[onlyprofits]

Without a doubt bitcoin will continue to be the queen, its blockchain is increasingly being used in different technical areas, the ETH has already been said by the friend @microunit and the LTC its speed and low cost are very important when making transactions .

 

[microunit]

Without a doubt bitcoin will continue to be the queen, its blockchain is increasingly being used in different technical areas, the ETH has already been said by the friend @microunit and the LTC its speed and low cost are very important when making transactions .

though there other altcoins that have much faster speed and much cheaper transaction costs than litecoin , Nano token to mention one

 

[onlyprofits]

though there other altcoins that have much faster speed and much cheaper transaction costs than litecoin , Nano token to mention one

I know, I am not a connoisseur of LTC, but I would like to know that it gives you so much value compared to other cryptocurrencies that have faster, safer and anonymous transactions.

 

[Niftyicon]

Almost all the cryptocurrency are far better than bitcoin when it comes to network fees . Litecoin will definetly crops the $60 resistance before this year ends , I am hoping for it , so that I will maximize my profit .

Queuing up right behind you on that. I hope so for Litecoin before the year rounds up. It will be nice to make a little profit from the little I have.

 

[onlyprofits]

The main cryptocurrencies are in a consolidation phase, that is, they move in a range of prices, including LTC. I am truly convinced that the LTC will reach new levels long before the end of the year, not without first correcting its price (lowering its price) and from there taking the necessary momentum to beat all possible resistance and reach new values, but It remains to wait for the behavior of BTC at the end of this week, that will allow traders to decide, in addition to the excellent fundamentals that exist at the moment.

 

[microunit]

Most cryptocurrencies are highly dependent to the price of bitcoin to rise and lower, litecoin included. But on some special occasions they do not. Like dogecoin with the tiktok advertising, normally dogecoin moves along with bitcoin but during that time dogecoin moved alot than bitcoin

 

[Josemendez]

Most cryptocurrencies are highly dependent to the price of bitcoin to rise and lower, litecoin included. But on some special occasions they do not. Like dogecoin with the tiktok advertising, normally dogecoin moves along with bitcoin but during that time dogecoin moved alot than bitcoin

Yea . I believe all the coins in the same network with bitcoin do rise in most cases whenever bitcoin price rises. Dogecoin has been an exception this time around .

 

[microunit]

Yea . I believe all the coins in the same network with bitcoin do rise in most cases whenever bitcoin price rises. Dogecoin has been an exception this time around .

yep though dogecoin plumetted back down after that tiktok stuffs, hope they do the same with bitcoin so that bitcoin can significantly rise up lmao

 

[onlyprofits]

Colleagues left the LTC forgotten, they diverted the subject towards the highlights of this great game, BTC and ETH, hahaha. But in short, the LTC price has not been as dynamic and it is not attracting as much attention.

 

[Niftyicon]

I haven't been impressed with LTC in the course of the last few days. I was hoping for a massive rise at least to the $60 mark but I guess it needs a little more time.

 

[microunit]

I haven't been impressed with LTC in the course of the last few days. I was hoping for a massive rise at least to the $60 mark but I guess it needs a little more time.

I think litecoin has been depending at bitcoin for the rise, so if in the case that bitcoin would rise high it would rise along it too

 

[onlyprofits]

In percentage terms, since the rally started, LTC has risen more than BTC, but the 60 resistance is a milestone for the LTC and many expected it to break out these days. But the LTC is still an interesting and heavy currency in the cryptocurrency market.

 

[Rollerkid]

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.

I have never litecoin valued more than $100 ever since I was in the crypto space. But I have save some litecoin from faucets like moon litecoin, free litecoin etc. Hope the price of litecoin will surely rise

 

[Monetizeit]

I like LTC very much because the light coin was the first coin that I received on cryptocurrency market and also it has the least gas fees I can easily make transactions on it

I have never litecoin valued more than $100 ever since I was in the crypto space. But I have save some litecoin from faucets like moon litecoin, free litecoin etc. Hope the price of litecoin will surely rise

I also used moon faucet for a very long time I must say but it was totally useless because you will never get a substantial amount from that or any other such process

 

[microunit]

I have never litecoin valued more than $100 ever since I was in the crypto space. But I have save some litecoin from faucets like moon litecoin, free litecoin etc. Hope the price of litecoin will surely rise

I think price of litecoin will mostly rise alongside with bitcoin, so when bitcoin price rises so does litecoin, well this is what happens almost on majority of the time

 

[onlyprofits]

Momentarily it broke the resistance, but the LTC follows the BTC, therefore I recommend to trade carefully, because this may be just for testing, it is best to wait.

 

[Rollerkid]

Crypto investment is quite profitable, those who bought litecoin when it was$30-37 will be earning 100% of their investment. LTC was $67 on 19th August but dropped to $62. Maybe it will increase again when Bitcoin rise.

 

[onlyprofits]

Crypto investment is quite profitable, those who bought litecoin when it was$30-37 will be earning 100% of their investment. LTC was $67 on 19th August but dropped to $62. Maybe it will increase again when Bitcoin rise.

Right now the market is sideways, whoever wants to carry out operations must do so carefully. There is a lot of speculation about the correction of BTC to levels in the area of $ 9,700.