Seriously WTF is Litecoin's case!? Day after day It's just keeps on careering toward that lower support line. I keep asking myself, have the fundamentals broken down. Are all these completing altcoins sucking the oxygen out of LTC's afterburners. Has Bitcoin's little wingman lost his style? 'Goose' your in the 'Dangerzone'. www.youtube.com Anyway, just for the...
With Huobi about to implement Litecoin on it's exchange, I thought a timely look back at a similar episode in Litecoin's short history might give some insights into the underlying prices that saw Litecoin's value ramp up so fast against Bitcoin's mid cycle.
My main goal with this chart is to try and gleam any patterns & trends in Litecoin's short history, that might hint at any upcoming highs and lows, and when they might occur.
My main goal with this chart is to try and gleam any patterns & trends in Litecoin's short history, that might hint at any upcoming highs and lows, and when they might occur.
So Litecoin's just started doing it's thing again! So I've decide to make some measurements of the last mid cycle price recovery it experienced between the 20th June 2013 to the 4th July 3013, and compare them to this current cycle. A few interesting facts about Litecoin's price when measured in BTC: 1) Litecoin has staged similar mid cycle rallies in 3 out of 3...
So if LTC has staged a mid cycle recovery in 3 out of 3 bull market cycles What do you think this current move upwards will be?
My main goal with this chart is to try and gleam any patterns & trends in Litecoin's short history, that might hint at any upcoming highs and lows, and when they might happen.
Litecoin was able to hold onto it's humble gains with much lower volatility during it's 2nd & 3rd phases than it has been able to during this current phase. This steady downtrend Litecoin appears to be undergoing is most similar to that experienced during it's 1st phase. I would not be surprised to soon see a repeat of the large volatile moves marking the middle...
Litecoin was able to hold onto it's humble gains with much lower volatility during it's 2nd & 3rd phases than it has been able to during this current phase. This steady downtrend Litecoin appears to be undergoing is most similar to that experienced during it's 1st phase. I would not be surprised to soon see a repeat of the large volatile moves marking the middle...
I prepare this chart to review the major trends between LTC & BTC. I pose the question: Are we about to revisit the low ratio trade with Bitcoin that Litecoin experienced just before it's explosive move upwards on the 16th of November 2013?