Bitcoin Forum

a couple of days ago i wanted to post this screenshot and talk about the stability of litecoin price and how it is staying above certain resistance level,...

https://i.imgur.com/gitd622.jpg


but the dips began as i wanted to post it so i waited to see what will happen and interesting enough...

https://i.imgur.com/6k9FTNR.jpg

while other altcoins had a huge drop, litecoin had a smaller dip and mostly held the USD value up and now it is back to exactly where it was before and again it is holding it up pretty nicely.

i want to say this is a big accumulation phase which will lead to another big LTC Bull market very soon.

what do you think?
do we have any news coming that can start this rally?

LTC is very stable now, and i doubt this will be changed soon. All recent events makes me to believe that we will see much more activity in the future and best pumps will be reserved for LTC. No matter how they tried to bring price down you can feal greate desire for natural rise..

The last time we experienced a big rise in value was after stability of price for about 2 years. The price was about 4 dollar in 2 years.
Now again we are experiencing stability in Litecoin price in about 45 dollar. Soon New people will invest in Litecoin and may have a huge rise in price again.
Litecoin is one of the most trustable coins forever.

There's some news:

How and Why Yours Moved from Bitcoin to Litecoin

https://cryptoinsider.com/moved-bitcoin-litecoin/ (https://cryptoinsider.com/moved-bitcoin-litecoin/)

It's moving down, not down enough for me to buy yet.

I was hoping it would break upwards, but down it is.

Litecoin is one of my favourite coins. Simply becuase it had the fairest launch ever in crypto history. No premine, no scandals. And i think this coin might even have the first ever ETF approval (in the crypto sector) because of its clean image.

Time will tell... in the mean time.. fill those bags!

LTC Chart has looked promising for a while. I still can't believe the fact that not more people bought in when it was so low end of last year/beginning of this year.

I believe we'll see LTC surge to new hights as it has proven to be one of the most stable networks out there with a lot of history as well. There's not too many downsides to LTC either, barely any bad news throughout the history either.

Yes me too litecoin is one my favourite coins, i think the price now stable wait for good time for selling and make some profit.. ;D

it already did go down in the past 2 days if you wanted to buy then you should have bought then, if not i don't think that opportunity will repeat itself!

and for now it seems like you are wrong there is no "down" as the screenshot by OP shows it is stability all the way. we need to get used to seeing LTC price above 0.016BTC now

Good thing in crypto is that you will have many chances to buy again, everyday is different from another but still we can see history repeats itself. LTC was high then low now again heading towards high..If you accept this the you cannot be losser. Only real proven loosers are those who quit. 0.016 is nothing for LTC, more likely 0.1 or more.

I think LTC can stay above 100$ for longer  peroiod of time to atrackt more buyers,especialt new.who decide to buy some crypto.

In other hand 1 of August and lighting network launch are aproaching.
But I still think it could be close to 100$,but not more in this year.

LTC is one of the promising coins that worth investing on these days as he will be soon hit 100 dollar ,after the segwit activation,it took LTC sometimes to start moving and right now LTC is not crashing unlike others coins and I believe LTC holder won't be left disappointed if he didn't quit like others by selling

Such charts are not very effective to decide whether or not they are good to invest. You must turn on Bollinger Band if you want to check if there is any accumulation or not. That, and only that, will tell you if you have to enter or not.

The price of litecoin now is very stable and I think the price will increase slowly . Litecoin is very promising coin and for sure this coin will reach 0.1 before end of this year. Other people said litecoin does not have potential but I believe this coin have big potential to increase the price in the next few months and next few years. So its better to buy litecoin now so you make a lot of profit by holding litecoin. More litecoin investor will come so the price will increase more.

Litecoin is "less overvalued" than other altcoins and should hold up better, but it's still going to sell off. I stupidly sold $30K worth at breakeven back when it was down at 30 bucks a coin. I'd still be ahead, though I would have sold it by now at a higher price.   Support level on this one is around 32-33 bucks.

I definetly like litecoin's future for the rest of the summer. I screwed up and missed the huge surge to 50.... but got it at $33 last week, so I'm back onboard again. I believe it will at least gain against btc, which is all I care about till after the summer.