Why LTC stuck on same price range? - page 4.

blockman

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Quote from: choetech on October 30, 2021, 02:28:40 AM

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

Not every cryptocurrency goes on high even if we're in a bull market. You've missed it last year IIRC when it was its time to increase. Just because it's accepted mostly everywhere, doesn't mean that its value is going to rise. There's still a big role made by the traders to make its value up. The volume of it will show how much demand it has and that's the reason why the price of it should go up. There's not that much news on it as well and that's why it got stuck so if you think that it's lagging, you better hold it or sell and choose another one that's moving daily.

X-ray

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Quote from: choetech on October 30, 2021, 02:28:40 AM

LTC accepted all over the world but it's price still low

Any proof if it's accepted all over the world? People didn't even this garbage coin that didn't have utility usage. These days people even smarter than before as they were only choosing coin with more benefits than a native coin that can be only used to send or receive.

Quote from: choetech on October 30, 2021, 02:28:40 AM

same as last 4 years

This coin has no future. It will be stuck in the same place or it will be even going down to the bottom. Litecoin was getting surpassed by so many new coins that have better utility than it. It's not silver anymore.
Litecoin is just a useless native coin with no utility usage.

Quote from: choetech on October 30, 2021, 02:28:40 AM

why it's stuck on same price range?

It caused by it lack of development progress. I don't say that development was getting stopped but we must see the reality. I don't know why people are keep arguing this coin as potential coz the truth is if this coin has no potential anymore

traderethereum

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I think LTC waiting for the right time to start increase and although LTC does not have a significant update to their project, it could increase anytime without we can expect.
We can only hold the LTC and not panic or sell too early but that will be up to you because I am sure that many investors still hold their LTC and waiting for the next high price.
I am also curious how high LTC price is when the big altcoin season comes because that can lift the position at the market and many people will start investing in LTC at that time.
If you want to invest in LTC, you should do right now before the price increase.

Bitbtc8

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Ha I hope you won't do a big mistake if you already own some LTC, my advice is to hold and follow the news following LTC right now, be patient and you will be rewarded for it, LTC will hit 1000$ this year ending, mark my word and when the time comes I will definitely remind you, do not sell

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: choetech on October 30, 2021, 02:28:40 AM

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

I know and sometimes I have had the same question. But you need to do some indepth checks before coming to a conclusion that the coin is dying - it is not. There is development happening in the background.

Point is that currently the crypto world is more hyped about NFTs, stablecoins and passive methods or earning - which are all in some way or another a disguised scam but few actually realize it. The golden trio (BTC, LTC, DOGE) have been getting less attention.

LTC ranges from 400 to 100$ if not lower, so if you are a hodler, consider cycling between 100-250$ ranges and you should churn out some money in these cycles. For now dont sell off all your LTC, because I am optimistic about its future. In either way put those coins to work on the exchanges swings for now.

Bttzed03

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On the fundamental side, I think development is doing pretty well especially MimbleWimble. They also launched smart contracts and asset tokenization to keep up with the trends like DeFi and NFT. Their marketing team seems to be on par with other leading projects but it looks like they're not getting much attention from retail traders/investors. Perhaps Litecoin ETF will be the catalyst that will push LTC to a new ATH but that could take a few more years though.

Ararbermas

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Obviously it's not yet done on the support level wherein reason the price still stuck up.. But you know as you can see it gradually showing an uptrend sign at this moment, so probably after days or two we will see a changes on it. If i were you keep on eye the EMA and MACD which is very common indicators. You will see some potential on the growth rate of the LTC.

choetech

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LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

Topic: Why LTC stuck on same price range? - page 4. (Read 455 times)