Litecoin On The Verge Of Monster Move Against Bitcoin

Litecoin On The Verge Of Monster Move Against Bitcoin

Litecoin has been among the worst performers in the crypto market in 2020 and 2021 thus far, despite the longevity in the top ten assets by market cap.

The vastly different now than it did one year ago. Coins that were in the top ten during the last bull market, are now no longer part of that elite.

Related Reading | Five Signs Litecoin Has Bottomed, Next In Line For New ATH

XRP, a they’re next in line to do so.

ltc btc litecoin bitcoin

Several bullish technicals suggest a major breakout and monster move is coming | Source: LTCBTC on TradingView.com

LTCBTC Monthly Technicals: On The Brink Of A Monster Bullish Move

Litecoin is an offshoot of Bitcoin code and often considered the silver to the digital gold narrative. The digital gold narrative has taken Bitcoin’s market cap to $1 trillion, but like silver lagging behind gold itself, Litecoin has barely been a blip on anyone’s radar.

However, bullish technicals on the LTCBTC trading pair are indicating a massive move against Bitcoin.

Related Reading | Litecoin Signal Shines, Suggests Downtrend Against Bitcoin Is Over

If a full turnaround starts now, a perfected TD 13 countdown marked the bottom with incredible precision. Supporting a major reversal on the logarithmic MACD is also rolling upward, falling short of a bullish crossover just yet. The often considered lagging indicator is instead a signal that there’s clear skies ahead, and is more of a confirmation that a reversal has taken place.

Turning upward the last time in early 2017, took Litecoin to its current all-time high. After holding onto the top ten like a champ, it could finally be time for digital silver to shine.

Featured image from Pixabay, Charts from TradingView.com

Published at Tue, 06 Apr 2021 20:00:37 +0000

ALTCOIN NEWS BITCOIN NEWS BLOCKCHAIN NEWS CRYPTOCURRENCY NEWS ETHEREUM NEWS EXCHANGES NEWS LITECOIN NEWS MARKET NEWS REGULATION NEWS
Gamestop
Important Facts of Gamestop Entering into Cryptomarket
UniFarm
UniFarm Raises $2 Million After Launching Innovative Farming Pool Featuring 17 Top DeFi Projects
XRP, FTX Token, Waves Price Analysis
#HODL #SHILL YOUR SH*T COIN! #SPOTTED! #VIRALS BITCOIN SCAM WATCH FUN QUIZZES
bitcoin-scams
Top 5 Bitcoin Scams you should be aware of!
Instagram Influencer Accused of Scamming Followers Out of $2.5M In Bitcoin Scams
five assorted color cars parked inside room
WHAT WILL YOU BUY WITH YOUR BULL MARKET GAINS?
FAQ'S INTRODUCTION TO BITCOIN INTRODUCTION TO BLOCKCHAIN INTRODUCTION TO CRYPTOCURRENCY EXCHANGES
Cryptocurrency
4 Amazing Perspectives of Cryptocurrency Characteristics, Everyone Should know
How bitcoin Transactions Work
Bitcoin For Beginners: 5 Plus Important Reasons Why You Should Understand The Future Impact of Bitcoin On Society
blockchain
5 Important points about Blockchain, Cryptocurrency, and Bitcoin(Safe or Not)
EXCHANGES WALLETS
coinbase
4 Best Crypto Coins on Coinbase
flat lay gadgets beside bearded man
ULTIMATE LIST : BEST BITCOIN AND CRYPTOCURRENCY WALLETS 2021
person shopping online
2021 BEST BITCOIN AND CRYPTOCURRENCY HARDWARE WALLETS TO STORE YOUR COINS SAFE

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.