Topic: Is Litecoin Ready for a Major Breakout? - page 5. (Read 1369 times)
The SEC lawsuit has destroyed XRP and it is having a negative impact on the other altcoins as well. And the Litecoin prices are also down and it has gone below the crucial support level of BTC0.005 per coin. I remember a time when Litecoin used to trade at BTC0.03. During the recent years, its exchange rates against Bitcoin has gone down, although the prices denominated in fiat currency seems to have gone up.
Well that's probably a good sign, I was considering myself to have some Litecoin as well too. It's indeed a good investment for long term holding let's just hope that it would have a major breakout maybe before the end of 2020 or maybe early 2021
I am expecting a nice rise from LTC. But it is a very unstable coin. When the market rises, it falls. It comes out when it falls. It is really annoying to watch a very unbalanced profile. But now is definitely the time.
The whole crypto Market was in Panic including LTC When SEC announced Lawsuit against XRP . It had negative impact on all Alts price including LTC. The LTC/USDT pair is still trading above its 20 days MA and hopefully it will soon hit its next resistance levels at $ 116, 121 and 129 when BTC price remains stable at current price and its Dominance Index starts coming down. I strongly believe that KTC will eventually break its ATH record of $ 375 once a real bull run starts in Alts Market.
I am expecting a nice rise from LTC. But it is a very unstable coin. When the market rises, it falls. It comes out when it falls. It is really annoying to watch a very unbalanced profile. But now is definitely the time.
Litecoin is still way below its previous all time high levels so i do not expect it too reach there anytime soon, only if the bullish momentum continues from here on still it will take some months to reach previous high levels, I think first quarter of the new year will be crucial to set the pace for ltc.
The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
Investing in Litecoin will never be a mistake, unless you do not need to buy at the peak. In my opinion, there is a peak right now. Then we will be able to observe the correction of the exchange rate and then you can buy yourself coins, with the condition of long-term investment.
TBH I don't find a valid reason behind the Litecoin soar more than other alts. It's old coin, nobody really uses it, no smart-contract, no anything.
This puzzles me and for now, I'm staying away from LTC.
3 months ago litecoin was trading around $44 each and now it's about $107 each, reason why I'm bearish. I really like litecoin and think LTC will be moving 2021 as well. Litecoin already 2x now but there only few notice it. Sometime top things are working out without any reason, you just need to eye to look. This puzzles me and for now, I'm staying away from LTC.
TBH I don't find a valid reason behind the Litecoin soar more than other alts. It's old coin, nobody really uses it, no smart-contract, no anything.
This puzzles me and for now, I'm staying away from LTC.
This puzzles me and for now, I'm staying away from LTC.
No need to chill this project @op because it doesn't seem like lition is ready for any breakout to me, i think this project should first consider listing on a good top tier exchange if they are as strong as you claim they are with all those great partnerships, uniswap is not for everyone and the rest of exchanges don't represent the class of this project well enough.
You know what litecoin is ? Begore hinance existed this coin already gives a good run. Top exchange ? Litecoin has been in top exchange like btc-e and others. And probably even binance owner have litecoin. This coin will break out when mimblewimble is implemented which is around Q1 2021
The recent price move of ltc is notable but I'm not expecting any major breakout in ltc price soon. Cause litecoin price showing too much volatile movement, which isn't a sign for major breakout. Bitcoin marketcap dominance increasing slowly. There is huge difference between alt and btc price move now. While bitcoin showing stability alt price dropping much. Overall ltc have done better than most other alts but we aren't going to see the new ATH shortly.
And if we talk about the developments in ltc, is the dev still active? I am not really familiar with the movement in their developments. But if they do have active ltc team, we can expect that there will still be price improvement but major breakout? Seems not gonna happen anytime soon.
The recent price move of ltc is notable but I'm not expecting any major breakout in ltc price soon. Cause litecoin price showing too much volatile movement, which isn't a sign for major breakout. Bitcoin marketcap dominance increasing slowly. There is huge difference between alt and btc price move now. While bitcoin showing stability alt price dropping much. Overall ltc have done better than most other alts but we aren't going to see the new ATH shortly.
No need to chill this project @op because it doesn't seem like lition is ready for any breakout to me, i think this project should first consider listing on a good top tier exchange if they are as strong as you claim they are with all those great partnerships, uniswap is not for everyone and the rest of exchanges don't represent the class of this project well enough.
Are you sure what you mean You may have made this comment without knowing about Litecoin. Litecoin is one of the top coins, so you do a little research about litecoin. You've spent a lot of time in the crypto community, and your rank hero member in this forum and you don't know properly about litecoin! Which surprised me a lot.
Source: https://coinmarketcap.com/currencies/litecoin/
No need to chill this project @op because it doesn't seem like lition is ready for any breakout to me, i think this project should first consider listing on a good top tier exchange if they are as strong as you claim they are with all those great partnerships, uniswap is not for everyone and the rest of exchanges don't represent the class of this project well enough.
Global market is in panic and Crypto is also feeling the heat with the start of Monday but many times we hear this logic that x-mas week is coming and people specially in Europe and US cashout from market to celebrate Christma and new year. So for this reason the price is dumping.
Due to stick lock down in few countries most chances peoples will stay at home and enjoy with online games and relative stuff just because of this surely crypto rates are going to rise because right now its best option for many peoples to enjoy their stuff and this will bring some good news in crypto for Litecoin I also have few but mostly I hold them and use for transactions as its much faster and better then many hopefully price will also rise.
Coblee, the developer of Litecoin is still amoung us here in Bitcoin talk and his Litecoin blockchain is working perfectly for years. I don't see any reasons that prevents Litecoin from soaring and making the achievements of Ethereum. Litecoin doesn't even need smart contracts to replace Ethereum as a mean of payments. I think that the developers of this great blockchain should start thinking about implementing Smart contracts, if they do so then we might see LTC at 1000$ per coin or even more. Nowadays, i'm forecasting a steady growth and a price valued at 80 - 200 usd.
Global market is in panic and Crypto is also feeling the heat with the start of Monday but many times we hear this logic that x-mas week is coming and people specially in Europe and US cashout from market to celebrate Christma and new year. So for this reason the price is dumping.
The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
It's already on a major breakout, but still far the previous all time high.
I think alts will have it's time next year, bitcoin is still dominating at this point so it's hard for alts to cut the piece of the piece, sort of. The last time alt market sees all time high is when bitcoin dominance went down to 45% range.
So it will either take a lot of new blood to pump altcoin market again, or bitcoin investors suddenly shifts to altcoin similar to early 2018 to achieved new all time high for the top 10 altcoins including Litecoin.
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.
In fact, this will happen the other way around if the dominance of bitcoin can drop by 60%, this is a very large percentage for Bitcoin, so if that happens, then the price decline in other Altcoins such as LTC will also occur, not up.
Recently we have seen that Litecoin was very strong against Bitcoin. I was hodling Ethereum and Ripple. I didn't want to invest in Litecoin which was a mistake. It went up and up in silence. It' very promising project and I like Litecoin. But maybe I will wait for a while to invest in LTC again.
major breakout like ethereum 2 times higher for one month that would be cool enough
If this could be really cool, why would you only write a few words in this forum? You should have said all of these things here so that others could find out why it happened so cool in one month. Jump to: