• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Litecoin

Forget Lightning, Litecoin Is About To Strike Twice Against Bitcoin – NewsBTC

Admin by Admin
May 4, 2021
in Litecoin
0
Forget Lightning, Litecoin Is About To Strike Twice Against Bitcoin – NewsBTC
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Litecoin is cleared for takeoff after a brutal downtrend against Bitcoin and the dollar. Could the cryptocurrency known as digital silver be the next <a class="wpg-linkify wpg-tooltip" title="

Altcoin

Altcoin is defined as any cryptocurrency except for Bitcoin. “Altcoin” is a combination of two words: “alternative Bitcoin” or “alternative coin”. There are over 1,500 altcoins with many more planned for release.

» Read more

Related articles

Litecoin Price Prediction August 2022 – Nasdaq

August 10, 2022

Buy Bitgert Today And Recover Litecoin Losses In The Next 30 Days – 4 Reasons – Analytics Insight

August 10, 2022

” href=”https://www.newsbtc.com/dictionary/altcoin/” data-wpel-link=”internal”>altcoin to pop like Ethereum, Dogecoin, and the rest of the pack?

Here’s a closer look at the technical signals suggesting a change in the tides is here – a reversal that could cause lighting in the LTCBTC trading pair to strike for a second time.

The Long Running Deviation Between Digital Silver And Gold

The digital gold narrative has fueled much of Bitcoin’s growth over the last two years. Being the “fastest horse in the race against inflation” and a way for corporations to protect treasury reserves has brought the crypto market to the mainstream.

Related Reading | Now Or Never: Litecoin Plummets To Bottom Of Top Ten Crypto Assets

Following Bitcoin, Ethereum went for a long run that’s still ongoing today, and other altcoins like Dogecoin have been the talk of finance. Yet still, Litecoin lagged behind.

The once top ten titan of a cryptocurrency has since fallen out of the list completely, and has some catching up to do. That time could be now, however, as momentum on the highest timeframes against Bitcoin have begun to turn up for Litecoin.

litecoin bitcoin

litecoin bitcoin

Momentum is turning up after more than 666 days of Litecoin holder hell | Source: LTCBTC on TradingView.com

Litecoin Ready To Strike Back Against Bitcoin Like Lightning

Litecoin has now spent a hellish 666 days in a downtrend against BTC, letting digital gold steal the entire show for several years. But like the real relationship between physical gold and silver, after gold makes a run, the silver ratio improves in the following months to years.

The same is happening now with Litecoin, now that an <a class="wpg-linkify wpg-tooltip" title="

Altcoin

Altcoin is defined as any cryptocurrency except for Bitcoin. “Altcoin” is a combination of two words: “alternative Bitcoin” or “alternative coin”. There are over 1,500 altcoins with many more planned for release.

» Read more

” href=”https://www.newsbtc.com/dictionary/altcoin/” data-wpel-link=”internal”>altcoin season is back across crypto, and lower liquidity coins begin to rake up all the capital.

Related Reading | Litecoin On The Verge Of Monster Move 

It takes less capital to move the price of these coins further, and after such a long-stretch of negative sentiment in Litecoin while Bitcoin soaked up all the positivity, it could result in an especially powerful move.

All the same perfect-storm conditions are back from the last time the tides changed. The LMACD is turning up on monthly timeframes, suggesting momentum is in bulls’ favor.

The downtrend both times lasted roughly the same amount of time, and the big move up came after breaking above the middle-Bollinger Band – something that is clearly happening again now according to the chart pictured above.

With Bitcoin diving, and Litecoin and other altcoins getting their day in the limelight now, there’s a chance the massive move is only just beginning. Measured move targets point to as much as a 240% move against Bitcoin. Will LTC strike BTC for a second time?

Featured image from Pixabay, Charts from TradingView.com
Share76Tweet47

Related Posts

Litecoin Price Prediction August 2022 – Nasdaq

by Admin
August 10, 2022
0

Litecoin Price Prediction August 2022  NasdaqLitecoin: Can Twitter trolls affect LTC investors’ portfolio  AMBCrypto NewsLitecoin Reflects Retracement; Will LTC Record a Breakout...

Buy Bitgert Today And Recover Litecoin Losses In The Next 30 Days – 4 Reasons – Analytics Insight

by Admin
August 10, 2022
0

Buy Bitgert Today And Recover Litecoin Losses In The Next 30 Days - 4 Reasons  Analytics Insight

Degrain (DGRN) Continues To Thrive in Bear Market, Outshines Litecoin(LTC) and Polkadot(DOT) – Analytics Insight

by Admin
August 10, 2022
0

Degrain (DGRN) Continues To Thrive in Bear Market, Outshines Litecoin(LTC) and Polkadot(DOT)  Analytics Insight

Litecoin: Can Twitter trolls affect LTC investors’ portfolio – AMBCrypto News

by Admin
August 9, 2022
0

Litecoin: Can Twitter trolls affect LTC investors’ portfolio  AMBCrypto NewsLitecoin Price Prediction: LTC To Hit $74 in August?  InvestingCubeLitecoin price analysis: Price...

Litecoin price forecast as the fear and greed index recovers – CoinJournal

by Admin
August 9, 2022
0

Litecoin price forecast as the fear and greed index recovers  CoinJournal

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022

Blockchain Use in Supply Chain Leads to Greater Benefits – The National Law Review

August 25, 2021

Bitcoin will Surely Reach US$100k, but its Trajectory will Decide When – Analytics Insight

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0

Bitcoin will Surely Reach US$100k, but its Trajectory will Decide When – Analytics Insight

August 11, 2022

Ethereum just pulled off its final test run ahead of one of the most important events in crypto – CNBC

August 11, 2022

What ‘crypto winter?’ Schwab launches ETF giving investors significant cryptocurrency exposure – CNBC

August 10, 2022

Hackers have stolen $1.4 billion this year using crypto bridges. Here’s why it’s happening – CNBC

August 10, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack