Litecoin: The Next PumpAfter years of posting my Monero KRAKEN:XMRUSD thesis based on its privacy use case it has finally catapulted into new All Time Highs and entered "price discovery."
So I now look to what is next... focusing on
PATTERN RECOGNITION
FUNDAMENTALS: PRIVACY
THE TRADE
Pattern Recognition
A
Key facts today
Litecoin (LTC) shows potential for a price rally after a five-wave decline. Currently around $70, strong buying pressure follows a dip, while a descending triangle hints at possible breakout.
Key stats
About Litecoin
Litecoin was launched in 2011 as a direct competitor to Bitcoin, promising low-cost, and high-speed transactions to make it a cryptocurrency that could undertake point-of-sale transactions and microtransactions. Created from a fork in Bitcoin’s blockchain, founder Charlie Lee labeled Litecoin as a “lite version of Bitcoin” and “silver to Bitcoin’s gold.” Litecoin uses a proof-of-work consensus method and has halving events every four years just like Bitcoin, however its supply is slightly higher than BTC, totalling 84m LTC.
Related coins
LTC Preparing For Another Wave Up? In Areas of High Liquidity
I have plotted trend lines of high liquidity, micro and macro resistance. On the 1- Week chart we can see how these areas of liquidity have proven to be wave bottoms; wicks through this liquidity line are major clues. If they occur in areas of slightly lower lows, this st
Is this time for LTC to go to the moon ?Very long horizontal range
Close to 10 years
I don't think that the market maker will wait ten years to let a currency drop to deep prices
Waiting all this time is for accumulation, and the targets are not close
We will reach the moon as soon as we break the accumulation range
And God knows best
Can LITECOIN replicate MONERO's rally??Just some fun chart trivia but we can't deny the obvious. And that's that Litecoin (LTCUSD) has been printing an (almost) identical price action since 2017 with Monero (XMRUSD).
That's up until a little less than a year ago when the two started to diverge aggressively as XMR (orange trend-line) ent
$LTC to $600Breakout above $130 = full send to retest the previous high and inevitably make a new one. These are the boring accumulation plays that few take, but those who do will be rewarded greatly. You aren't bullish enough.
Specs:
- Oldest altcoin
- 100% uptime
- Accepted, known and used worldwide
- 4 year
Litecoin at demand line after years of accumulationLow-risk entry at well established, multi-year demand line with potential weekly bullish divergence forming on RSI and what looks like a bullish bat or gartley M-shaped harmonics pattern. Fundamentally the asset is solid as far as altcoins go with good real-world utility and usage, ETFs (both approv
Litecoin’s Late-Stage Coil: The Phase Designed to Shake You OutIt often looks like a breakdown is coming near the end of a long coil because liquidity is thin and stops are obvious. Markets frequently probe below support to harvest liquidity and shake out late bulls. The difference between a fake breakdown and a real one is acceptance. Sweeps reclaim quickly. T
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Litecoin (LTC) is 69.09 USD — it has fallen −2.09% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing LTC price chart.
The current market capitalization of Litecoin (LTC) is 5.30 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Litecoin (LTC) trading volume in 24 hours is 442.29 M USD. See how often other coins are traded in this list.
Litecoin price has fallen by −8.87% over the last week, its month performance shows a −10.97% decrease, and as for the last year, Litecoin has decreased by −41.66%. See more dynamics on LTC price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Litecoin (LTC) reached its highest price on Dec 12, 2017 — it amounted to 420.00 USD. Find more insights on the LTC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Litecoin (LTC) reached the lowest price of 3.26 USD on Sep 1, 2016. View more Litecoin dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Litecoin (LTC) is 84.00 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Litecoin has the limit of 84.00 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying LTC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade LTC right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Litecoin (LTC): today its technical analysis shows the sell signal, and according to the 1 week rating LTC shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Litecoin trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Litecoin (LTC) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Litecoin is estimated as 3.13% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Litecoin, you can find more inspiration in our curated watchlists.
You can discuss Litecoin (LTC) with other users in our public chats, Minds or in the comments to Ideas.









