LTC or TRX? to have most potential from here (15/05/2021)

irixo10

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Quote from: thegoatiest on May 15, 2021, 10:40:01 AM

Hi, so about LTC.
It's been an underperformer this bull run. It's BTC pairing has not performed as well as other top Alts. It's dropped out of the top 10 to #12

TRX - also an underperformer. It's BTC pairing hasn't even hit it's 2020 high, let alone 2019.
Meanwhile ADA/BTC and ETH/BTC are up at their 2018 levels.

Both TRX+LTC had a golden cross on the daily (50 crossing 200) within the last few weeks.
TRX has daily resistance according to my TA at *255sats, but it has been trying to break this resistance for 40 days and hasn't rejected very hard yet which seems bullish.

----
Personally LTC seems a bit redundant... it doesn't have much love it seems to me.
Which would you invest in out of the two at current prices?
Thanks

Although LTC has more prospects than TRX but the team looks like they haven't been doing much, I mean it has been a long time we hear of what they are working on, what they are improving on and so on, and these silence from them, will only make more people to lose interest, however its use case will keep making it last long. Talking about potential, I guess you are referring to profits, TRX has given more from that date till now. One thing about TRX is that, it tends to follow up with the market pump, and that is what happened recently. While in the case of investing, I would rather split the funds between them and wait it out, but if given more options like ADA or SOL, I would go for them.

LUCKMCFLY

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The LTC has had a very volatile behavior, following the direction of BTC it is likely that a bullish movement could occur, so far it has fallen 1.74%, but it is likely that it could rise if BTC rises to at least $ 48k, since it would give investor confidence:

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If buyers can break the resistance, one might expect long-term growth to the next zone around $239.

Source: https://u.today/btc-ltc-and-ada-price-analysis-for-august-17

For now, everything indicates that there is no dominance of bulls or bears, most likely they are pending to react to the movements of BTC, because the price is likely to rise, if it rises it is most likely that LTC will increase, I think that both bears and bulls are taking care not to lose, although bulls are more likely if there are bearish attacks to buy in the dip.

LUCKMCFLY

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Hello guys, I have seen in some LTC analyzes that despite the fact that many alts have been going up in price, LTC has fallen by 1.21%, the truth is I do not know what the reason is, but this is the market, many technical analyzes can give many trends, although at this time it may be that a movement is brewing or that the bulls have not wanted to react:

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On the hourly chart, Litecoin (LTC) has bounced off the $136 mark, following a rising trading volume. At the moment, there is a high chance to come back to the zone of the most liquidity around $140.

Source: https://u.today/litecoin-ltc-price-analysis-for-august-5

I know that the highs begin to rise when the bulllish trend of BTC is confirmed, sometimes the highs tend to stagnate when BTC recovers, although I have seen that many alts have risen at least 1%, in this case what I can recommend for LTC investors wait, maybe a good move is brewing for the currency.

Xinarae*

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Quote from: BobK71 on July 23, 2021, 02:41:21 AM

Trx is a potential then LTC. Because TRX is constantly used in Pre-sale, ICO, IEO and as Transaction fees on Tron Blockchain. So its popularity is much higher than LTC. So in my opinion TRX is more potential then Litecoin

I agree that the demand for TRX is higher than LTC traders prefer TRX because it is much easier to transact and the fee is lower than other exchange sites to exchange. Very few people use LTC the popularity of TRX has increased and the market has improved.

LUCKMCFLY

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This time LTC is lucky, because they did not drop the price and it is around 128USD, for now the market has been favorable for all the highs, however it is necessary to emphasize that any scenario may occur that could invalidate any analysis:

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On the other hand, if bulls drive the price above $146.54, the LTC/USDT pair will complete a double bottom pattern. This bullish setup has a target objective of $189.25. The RSI above 57 and the flat 20-day EMA points to a marginal advantage to buyers.

Source: https://cointelegraph.com/news/price-analysis-7-28-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

Most of the highs have been rising, you have to be restrained when doing short-term operations, even though the market indicates that it is in a good moment.

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Quote from: coin-investor on July 29, 2021, 08:06:26 AM

Quote from: Sirait on May 15, 2021, 11:06:05 AM

^ TRX is more potential in my opinion, ATH TRX is around $ 0.3 and until now it hasn't been able to get back that price, the long term TRX will definitely reach its ATH. while LTC is growing very slowly, I don't see much potential in LTC.

I'm very bullish on Tron it has the same usage as Binance and Ethereum but unfortunately, they are not moving like the two, I'm still hoping that it will not be long before they make a big pump I like Tron it's cheap and fast, there's little we read or heard about Justin Sun, he should make a noise now we are in a bull trend many investors are watching for coins to add in their portfolio.

Myself too have the same thought on TRX. It is one among the earliest as well as the potential asset that is developed with good usecases. Already Litecoin, ethereum have pumped high and reached next level of the market. TRX hasn't grown higher as these cryptocurrencies, and TRX being low priced gives high hope of pumping high. It is the choice of mine.

coin-investor

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Quote from: Sirait on May 15, 2021, 11:06:05 AM

^ TRX is more potential in my opinion, ATH TRX is around $ 0.3 and until now it hasn't been able to get back that price, the long term TRX will definitely reach its ATH. while LTC is growing very slowly, I don't see much potential in LTC.

I'm very bullish on Tron it has the same usage as Binance and Ethereum but unfortunately, they are not moving like the two, I'm still hoping that it will not be long before they make a big pump I like Tron it's cheap and fast, there's little we read or heard about Justin Sun, he should make a noise now we are in a bull trend many investors are watching for coins to add in their portfolio.

Kunnu

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In the matter of use cases tron network is many steps ahead compared to ltc network even if it's about DeFi, NFTs, Dapp games etc. so on this basis I think tron has higher potentials against ltc but it's not mean we should underestimate litecoin, this well established coin is capable enough to give surprising performance if the developers of litecoin consider to make some effective improvements in litecoin network.

DOH!

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LTC, TRX have limit for platform expansion. This is probably why they are less interesting and no hot right now. In fact, LTC is safer, but also risky if Grayscale unlocks LTC, personally and in my opinion, my choice is more in favor of TRX. TRX price is still low, it has dropped about 55% at ATH, if the market turns back then TRX will make big profit.

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Quote from: Tigerheart3026 on July 17, 2021, 03:40:48 PM

day by day ltc is go down rank in cmc. btw in one thing there are no doubts ltc was a golden era (now i didn’t mean it’s not potential coin) even people was focuses in ltc investment after btc and eth. in my choices trx coin, i using in different platform and i got multiple benefited. using trx has made a lot of my work easier when i use as a payment gateway in few my needed platform.

With many platforms today, of course, there are options that can be used and not only in one platform like before, because current costs also affect so alternatives must also be sought. while regarding ltc it seems that it is still considered very calculated even though it is currently continuing to fall because indeed everyone is experiencing it, but ltc will be able to move up again.

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Yes, but I still believe that LTC will rank up again when the market recovers, because there are still a lot of people who like LTC coins even though their positions have dropped as a result of the trading volume being not large enough to be rivaled by others.

agree, that month May ltc has made a good move by reaching renewable ATH but indeed because of the bitcoin correction, all experienced a decline, including ltc., but in time ltc will return to reach renewable ATH again and need to be patient.
most estimates that the increase will occur at the end of the year, we are waiting for that.

LUCKMCFLY

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LTC is making a big move, because LTC is generating a very good vibe, the bears are worried that it has gotten out of hand, but now it reached 127USD and it may continue to grow more in price:

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The RSI has risen into the positive zone and the 20-day EMA has flattened out, indicating that bears are losing their grip. If bulls drive and sustain the price above the 50-day SMA ($139), the LTC/USDT pair could attempt a rally to $180.

Source: https://cointelegraph.com/news/price-analysis-7-26-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

It is likely that now the price will show more recovery depending on the movement of BTC, if BTC confirms its bullish trend LTC could reach a level ath, but it is a matter of waiting.

LUCKMCFLY

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For LTC it is exploiting in the short term some of the potential it has, since it has been located at 118 USD, it is possible that if the recovery continues it could reach the levels of $ 126, it is a matter of waiting since the market is with some uncertainty:

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If they manage to do that, it will signal that the downtrend could be losing momentum. The LTC/USDT pair may then rally to the 50-day SMA ($142) where the bears could again mount a stiff resistance. A break above this resistance may indicate the start of a stronger relief rally.

Source: https://cointelegraph.com/news/price-analysis-7-23-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

Most Halts after BTC's good movement have been fully recovered, what should be taken care of not falling into triumphalisms, LTC has many followers and enjoys a great community and acceptance, especially by Los Bajos Fee than Now it is one of the advantages that you see traders and gamblers.

marine4u

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If I remember correctly LTC has a dedicated budget in Grayscale trust, it is safe, has strong support, it is a very good long term investment option. Personally, I like being in TRX, because it's from the swamp... besides, the reason that I think it's really important is Justin Sun. He is a person with enough qualities to succeed and improve the development of TRX in the most powerful way. Speed is also a feature that could become the norm for the blockchain industry in the future.

Joca97

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Everybody keeps saying TRX,TRX has a lot of potencial as well,but i really think LTC is not even close to its price.The current price for litecoin isnt something i expected. I see LTC going between 600-1200$ thats in what range the price of LTC should be.When the fees were big everyone used litecoin no body used btc or eth. I still think this coin has a lot more to do in this cryptomarket.

irsada

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For long term investment I personally prefer TRX. the reason is quite simple because the price of TRX is still quite cheap compared to LTC, and again TRX always adapts to something that is demanded by the market. such as DEFi and nft can now be created on blockchain TRX.

rodskee

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You Only give the time start but did not mention How long would be the strategy or if its holding long term or short term or day trading? because if this is for long term then I'm Sure to choose both instead of picking one.

i have been holding my Litecoin for 8 months now , and had bought Tron last month .

How long will this be ? until i reach my goal of 300% increase specially for Tron that has been the only popular coin that is not making any good movement since last years Bullrun.

BobK71

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Trx is a potential then LTC. Because TRX is constantly used in Pre-sale, ICO, IEO and as Transaction fees on Tron Blockchain. So its popularity is much higher than LTC. So in my opinion TRX is more potential then Litecoin

SlimShadyMmp

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I will definitely go with TRX it has been around with a smart contract for a very long time I think is fair to say it was one of the first ETH competitor and it did tackle the gas issue but some how people just don use it that much but in my own opinion a few upgrade and maybe some dapps will help it pick up especially when blockchain games start to become mainstream and are maybe congesting the network The only problem now is there are way to many competitors out there that have outshine it

FinneysTrueVision

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Litecoin is mostly just a clone of Bitcoin. It has not really been adopted for payments. TRX itself doesn't have that many interesting developments but the Tron network has a lot of stablecoin volume. For transferring stablecoins it is an ideal blockchain because the fees are negligible.

Like other smart contract platforms that aren't EVM compatible it is going to be difficult to get the same level of attention from developers. There are also newer blockchains like DOT that seem to be growing faster.

JeffBrad12

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Quote from: bandungan on July 22, 2021, 06:05:54 PM

even though in fact if this LCT can rise it can have a high price

It was increasing a lot caused by people are still seeing it as the silve. It's a bitcoin lite form and people are also using this one as store of value but remember that when the fungibility of token was saying the reverse thing.
Litecoin doesn't get a lot of merchants to accept this kind of coin. it's clearly stated by the creator of this coin if litecoin team was always facing the problem in funding.
Developing the innovation always need money and it's not enough if litecoin was only rely with the premined coin owned by charlie lee

Topic: LTC or TRX? to have most potential from here (15/05/2021) (Read 777 times)