Topic: LTC or TRX? to have most potential from here (15/05/2021) - page 3. (Read 863 times)
So far, I use TRX more than LTC, so I tend to prefer TRX over LTC. although I use it as a transaction tool between CEX, but I think TRX has a fast transaction, and very cheap. Well, I think why a token as good as this has not been pumped high yet, and I think there will be time for that.
Updated.
At this time I would like to give another update for LTC, I particularly like to use LTC especially for transactions because they have very low fees, however this cointelegraph analysis indicates that the lowest level that could reach would be $70:
I have a lot of faith in LTC, I think that if BTC starts to make better movements it will be profitable for the currency, as long as BTC recovers it will be profitable for all alts.
At this time I would like to give another update for LTC, I particularly like to use LTC especially for transactions because they have very low fees, however this cointelegraph analysis indicates that the lowest level that could reach would be $70:
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Contrary to this assumption, if the price turns up from the current level or rebounds off $118 and breaks above the downtrend line, it will invalidate the bearish setup. That could open the gates for a rally to $225.
Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltcI have a lot of faith in LTC, I think that if BTC starts to make better movements it will be profitable for the currency, as long as BTC recovers it will be profitable for all alts.
In LTC things are improving, I do not know if it is because the BTC is recovering or because the currency is really having a very good turn because it is more accepted in some casino and bookmaker platforms, but in general terms if BTC continues so we can see better results:
With the good movement of BTC, the volume of LTC has become much more buyer than seller, we have to keep waiting as it continues to develop, this short-term forecast looks excellent.
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if the bulls can push the price above the downtrend line, the bearish setup will be invalidated. That could start an up-move to the 50-day SMA ($192) and later to $166.45.
Source: https://cointelegraph.com/news/price-analysis-6-28-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltcWith the good movement of BTC, the volume of LTC has become much more buyer than seller, we have to keep waiting as it continues to develop, this short-term forecast looks excellent.
For LTC this time, all technical analysis indicates that it is in a short-term bearish trend, however, we must wait, because if BTC changes its course to a bullish level, LTC will take an imminent bullish turn if this occurs:
I like to focus on the positive side of investing in LTC, because I have seen that many focus on the bearish side, and that is what the mass expects, normally the market moves against what the masses think, what is missing is to wait.
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On the contrary, if the price rebounds off $118 once again, the bulls will again try to push the price to the downtrend line. A breakout and close above this resistance will suggest that the sellers are losing their grip. The pair could then rally to the 50-day SMA ($206).
Source: https://cointelegraph.com/news/price-analysis-6-25-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltcI like to focus on the positive side of investing in LTC, because I have seen that many focus on the bearish side, and that is what the mass expects, normally the market moves against what the masses think, what is missing is to wait.
Tron the best coin
I am also for Tron. What I like about this network is that they are very fast and with very cheap fess. And if you happen to transact USDT-TRX, you will find out that they have very cheap fees as compared to BSC or ERC20 network. This is the advantage of TRX tokens, you can transfer them at a very convenient and cheap manner. However, in terms of LTC, though they have cheap fees, we don't know if they have active development. And what other coins are built under their network? At least with TRX, you can even transact USDT and other tokens.
Any coin that uses the TRX network will be having really low transaction fees when you compare with other networks and i believe that it is because there is not much users in it and once the number of projects and users increase in the network we need to see how long it will stall things but right now they are doing a really good job.There are developments going on in LTC but the only problem they are facing is the Charlie Lee announcement that he sold almost all of his coins in the last rally and because of these claims by the developer himself many thinks that there is nothing much going on in the technical side of things.
My choice is TRON, I've been waiting for it to cross a new ATH but it did not happen this year. In terms of development, TRON is more progressive IMO, therefore I believe its future is brighter than LTC. We don't see the future but it's important that we understand how to follow the team's progress and if their plans are being worked on or implemented because that tells us about the chance of success of a certain project and TRON wins that battle.
I am also for Tron. What I like about this network is that they are very fast and with very cheap fess. And if you happen to transact USDT-TRX, you will find out that they have very cheap fees as compared to BSC or ERC20 network. This is the advantage of TRX tokens, you can transfer them at a very convenient and cheap manner. However, in terms of LTC, though they have cheap fees, we don't know if they have active development. And what other coins are built under their network? At least with TRX, you can even transact USDT and other tokens.
My choice is TRON, I've been waiting for it to cross a new ATH but it did not happen this year. In terms of development, TRON is more progressive IMO, therefore I believe its future is brighter than LTC. We don't see the future but it's important that we understand how to follow the team's progress and if their plans are being worked on or implemented because that tells us about the chance of success of a certain project and TRON wins that battle.
Honestly, I don't look too closely at TRX, but I do spend a lot of time on Litecoin. In my opinion he was very underrated during that bull run. I am sure Litecoin has great potential and I am surprised no one noticed that it was LTC with the lowest transfer fees with its presence on most exchanges and a large number of pairs. I have been using LTC for several months now for 90% of transfers.
In the analyzes by TRX, I highlight this one that seems very successful to me, TRX in the midst of all the fall has remained at acceptable price levels, the good news continues for TRX, because after BTC continues to rise, TRX is expected to rise to 0.069USD, which is a great mark, however the TRX bulls have been waiting for how the movement continues to develop of BTC, the purchase prices continue to increase:
Eventually TRX is one of the currencies that I use the most to exchange FIAT and pay my taxes and others, its fees are acceptable and it has a very good demand.
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A reversal from intense selling pressure could be noticed as the Relative Strength Index’s indicator exited the oversold region and held its position just below the overbought zone. While a minor downtick can be noticed, buying pressure continued to be greater than the selling pressure.
Even if the bullish price action holds out, the coin could face resistance at the $0.069-mark.
Source: https://ambcrypto.com/binance-coin-tron-uni-price-analysis-25-june/Even if the bullish price action holds out, the coin could face resistance at the $0.069-mark.
Eventually TRX is one of the currencies that I use the most to exchange FIAT and pay my taxes and others, its fees are acceptable and it has a very good demand.
Apparently things are going well for LTC, it is in an eventual bullish trend in the short term, perhaps it is due to the momentary recovery of BTC, however the Technical Analysis shows that it already has a green candle in favor, this is a good indication :
Source: https://ambcrypto.com/binance-coin-matic-litecoin-price-analysis-23-june/
TRX has shown recovery in the same way, however, one must be restrained and not rush to make commercial decisions, it must be taken into account that BTC can fall and all these analyzes can be invalidated.
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The coin had dipped to $119, which was its lowest since May 23. Moving forward, if the bulls manage to push the price up, the coin can be expected to find resistance at $132.
After projecting bearish momentum for almost a week, as shown by the MACD indicator, bullish momentum seemed to emerge at press time. The Awesome Oscillator too suggested something similar.
After projecting bearish momentum for almost a week, as shown by the MACD indicator, bullish momentum seemed to emerge at press time. The Awesome Oscillator too suggested something similar.
Source: https://ambcrypto.com/binance-coin-matic-litecoin-price-analysis-23-june/
TRX has shown recovery in the same way, however, one must be restrained and not rush to make commercial decisions, it must be taken into account that BTC can fall and all these analyzes can be invalidated.
Do LTC even developed anymore?
There is a lot of rumour about the continued of litecoin development but im not even seeing any news about that. The development was coming from the cooperation of Litecoin with another major crypto project. This coin has no active income and the creator of this coin aka charlie lie doesn't wanna pouring his money to the development anymore.
Litecoin will be stuck forever or it may be left by its supporters in the future.
Do LTC even developed anymore? TRX has Justin Sun's backing, constantly developed and have a good hype overall. Big userbase, too many holders, it's very different than LTC. I would say TRX if you ask which one would you hold for 3-5 years. For short term I wouldn't touch both of them but on the long term I trust TRX's process. It may be used by en masse in a couple of years just like what happened to BSC this year.
It seems to me that the performance of both LTC and Trx is very weak in the last period, it was expected that the performance would be much better than that, but there was a strong resistance.
As for me, I gave up the two coins and bought other coins that I expect better growth, such as ETC, ADA, BNB, of course, if the market turns green again.
I quite agree with you regarding the performance of LTC and TRX,As for me, I gave up the two coins and bought other coins that I expect better growth, such as ETC, ADA, BNB, of course, if the market turns green again.
because we can realize for ourselves that the performance of the two is not visible at the beginning,
I also really hope that in the future both of them will improve their performance because after all LTC and TRX are good projects
Fro me they're both good coin in the market and technology as well. But when it comes who's gonna be a profitable one, perhaps its should be LTC because that coin now is near to become top 10 soon in the market unlike trx wherein still at the current level.. But its just my opinion for now based on their ranks and there's still a chance for TRON to take over since it's very cheap like what most investor looking for in a crypto currency especially once it makes good improvements someday surely it will glow up in the market..
It seems to me that the performance of both LTC and Trx is very weak in the last period, it was expected that the performance would be much better than that, but there was a strong resistance.
As for me, I gave up the two coins and bought other coins that I expect better growth, such as ETC, ADA, BNB, of course, if the market turns green again.
As for me, I gave up the two coins and bought other coins that I expect better growth, such as ETC, ADA, BNB, of course, if the market turns green again.
On this occasion, LTC can go down but not much, it all depends on the movement of BTC, if there is an upward movement by BTC, it can be speculated that LTC will shine for a very good moment, it can even become one of the most winning currencies, this analysis confirms it:
It all depends on the movements of this week, it will be decisive.
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Focus should be on the region between $134-116 as the presence of a demand zone would open up long opportunities for traders. RSI seemed to bounce back from oversold region at the time of writing but could revisit the bottom region considering selling pressure in the market.
Source: https://ambcrypto.com/xrp-litecoin-cardano-price-analysis-08-june/It all depends on the movements of this week, it will be decisive.
I think if I had to choose LTC or RTX, I would prefer LTC, because in terms of volume and price, LTC is more stable than RTX, but of course no one knows for sure in the future, but still my choice fell on LTC which will skyrocket in time. which is close. at least that's what i expected
Of course, what happens is that from my own experience I try not to love any currency, my only love has always been BTC, so I see the alts as potential for market speculation and as an investment, LTC also like TRX has Many advantages for now over the fees of many of the big ones like BTC and ETH, but however they are currencies that depend directly on the movement of BTC. Everything is great when BTC is high, or somewhat sideways, and it is even better when you have confirmation that BTC is bullish, because all the Alts start to turn in the same direction.
I cannot really say I love any currency,,, probably I spent some love in the early days on mistaken alts that I honestly thought were good ideas with solid devs etc and they never returned my love. The faith and admiration of Bitcoin is what grows day by day,,, sometimes you have small doubts but in the end only Bitcoin says true to you, definitely agree with this:)
Yes, it is that BTC is the one who gives the meaning of the crypto world, this without detracting from many alts that produce many profits, in fact, for me they are great ways to generate profit and then convert it to BTC, what happens is that the alts currently there are many and the competition between them is stronger. Some investors choose the ones that have the most innovative characteristics, also those that are about to be listed in Level 1A Exchange, because it somehow guarantees success.
In my beginnings in this world I had a lot of love for an alt of privacy and anonymity nature, in fact it was compared to ZCASH, Monero, among other very good ones, but its success came until its own developers objected to listing the coin in a Level 1A exchange, from then on the currency lost its and community, investors and suffered a lot of dumps, then the hope for them was that it could rise when BTC rose, but it reached $ 64k and its movement was not as expected, this It usually happens when they leave projects with a good future to die and those who felt love were left with those coins in hodl, keeping hope that one day it will rise, which, I see it very difficult.
if I prefer TRX, because in my opinion TRX is one of the best blockchain for now, so I am sure that in the future TRX will be more popular and make the price of TRX can increase very high, so of course you will get a big profit from investing in TRX, so before the price of TRX increases very high, then you better invest at this time, because I believe in the future the price of TRX can increase by at least $ 1.
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