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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Sayeds56 on December 23, 2020, 05:10:02 AM



Title: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 23, 2020, 05:10:02 AM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.



Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: xSkylarx on December 23, 2020, 06:38:01 AM
Let's hope it really happens, I bought some of it at 140$ and still hodling it now. I'm confident that it will return to that price because it's one of the OG altcoins. The only question is when, right now it's playing at 110$ - 120$, a little more pump before the end of the year and I can finally recover my loss to it.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: takngantuk on December 23, 2020, 07:07:21 AM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: PIMPdev on December 23, 2020, 07:13:17 AM
 major breakout like ethereum 2 times higher for one month that would be cool enough


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: bryant.coleman on December 23, 2020, 07:47:52 AM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.

The current spike was resulted solely from Bitcoin and the altcoins don't have any role in the bull run. And this is the reason why the Bitcoin dominance rose from 57% to 68% in less than three months. I won't be surprised if the Bitcoin dominance increases to 80% or above in the next few months. Altcoins survived for so long, but their time is up. Users don't want to invest in coins without real usage.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 23, 2020, 07:48:31 AM
Let's hope it really happens, I bought some of it at 140$ and still hodling it now. I'm confident that it will return to that price because it's one of the OG altcoins. The only question is when, right now it's playing at 110$ - 120$, a little more pump before the end of the year and I can finally recover my loss to it.

Very well said. I think it will go beyond your buying price. You need to hold it with patience and confidence in this great coin. Crypto Market is full of surprises, you never know what tomorrow brings for you. This market has  changed fortunes of many participants and it will continue doing that in coming months and years.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: passwordnow on December 23, 2020, 08:42:11 AM
The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124.
That is contradicting. It's in the bull run when Litecoin surged with that percentage and that's a very impressive knowing that in the past several months after its halving, nothing happened like this. And, although there's a massive dump for most of the alts, it has also recovered just like the other altcoins that we have.

It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
Noting that we're not yet in the altcoin season but many alts are also increasing as bitcoin pumps. Breaking its past ATH is possible if the altcoin season comes.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: peter0425 on December 23, 2020, 08:57:32 AM
I think Litecoin now is ready to take the position again that has been taken by Ripple, For the whole 2017 LTC is the ranked 3rd from bitcoin and ethereum but after the controversial selling litecoin starts to lose value and stays lower at ranks 10

But now after this great more than 50% this coming end year,surely next year Litecoin has more to prove


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: sulis sudibyo on December 23, 2020, 09:10:58 AM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.

The current spike was resulted solely from Bitcoin and the altcoins don't have any role in the bull run. And this is the reason why the Bitcoin dominance rose from 57% to 68% in less than three months. I won't be surprised if the Bitcoin dominance increases to 80% or above in the next few months. Altcoins survived for so long, but their time is up. Users don't want to invest in coins without real usage.

what about altcoins like litecoin, monero, or ethereum. doesn't the coin have real use. so there is still hope for bitcoin dominance to fall. and what about the possibility of bitcoin sideaway or even stabilizing in the 23k price range for a long time. this also triggers the decline in bitcoin dominance, people will start to take profits and sell bitcoin. after that the trader will definitely choose a profitable altcoin. it is also unlikely that bitcoin will be in a rally for a very long time. There will definitely be times when BTC corrects. this moment can also cause the altcoins to rise.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Cornia on December 23, 2020, 09:14:20 AM
Everything may happen in cryptocurrency. But if Litecoin's bullrun starts, I think other Altcoin's bullrun will also start. The Altcoin market is now the most unstable.  Surge of different coins at different times. Today if 50% surge of a coin is being dumped again 30-45% after one day.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: StealthCoin1 on December 23, 2020, 09:18:07 AM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.



Yes it seem Litecoin is about to pump hard. The Chinese love their Litecoin.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: CuriousGeorge on December 23, 2020, 09:26:27 AM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.
It looks like that will not happen shortly consider about bitcoin is still dominating the market and the total domination of bitcoin is above 67%
It's quite difficult for altcoin to get the 7% from the bitcoin domination. Ethereum needs to be doubled to make it happen dude.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Jawhead999 on December 23, 2020, 10:00:40 AM
As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
So you're think if BTC dominance come down (The price decreased/got dump) then Lite coin price will in bullish and breaking new ATH?

That's contradicting on your statement with the graph (actual) happened.

https://i.ibb.co/ZhqpWSd/Screenshot-30.png (https://ibb.co/FBRLgX6)

As you can see if Bitcoin in bullish, Litecoin will following too. And if Bitcoin got dump, Litecoin also same. So this means, Litecoin will always following Bitcoin.

Litecoin is not like Ethereum when bitcoin dominance come down 37,84%, Ethereum rise up to 31,17%.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Eddyc on December 23, 2020, 10:03:40 AM
We can say yes and we can also observe that Litecoin, dogecoin, Ethereum are the Bitcoin exchange variables for any type of Fiat. So in relation to project and development time there is the possibility of an appreciation for Litecoin but unfortunately all projects are linked to Bitcoin and depends on this factor to appreciate in relation to its price in the market.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Godwinpaul on December 23, 2020, 10:06:51 AM
Litecoin performance this few days has been impressive and for the first time this year, the value rose above $100. I'm still positive about the coin and would be expecting it to hit a new ath in the next bull run. Litecoin is one of the altcoin I admire and I see the value bringing smiles to the holders.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Mpamaegbu on December 23, 2020, 10:52:09 AM
It's about time too for Litecoin to come up in price value just like what ETH and XRP are doing with Bitcoin bull run. However, it's so far so good from my perspective of what Litecoin has already done on the market. With its ATH at $360+, the current price level stands at barely 30% but it's still better than what ETH and XRP have offered, considering their respective ATHs. Perhaps we are going to see more rally for LTC in days to come. In the crypto circle too much can happen within a few hours.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Lantind on December 23, 2020, 11:01:36 AM
major breakout like ethereum 2 times higher for one month that would be cool enough
If this could be really cool, why would you only write a few words in this forum? You should have said all of these things here so that others could find out why it happened so cool in one month.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: eucalyptus on December 23, 2020, 11:17:23 AM
Recently we have seen that Litecoin was very strong against Bitcoin. I was hodling Ethereum and Ripple. I didn't want to invest in Litecoin which was a mistake. It went up and up in silence. It' very promising project and I like Litecoin. But maybe I will wait for a while to invest in LTC again.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: zaim7413 on December 23, 2020, 11:55:18 AM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.
In fact, this will happen the other way around if the dominance of bitcoin can drop by 60%, this is a very large percentage for Bitcoin, so if that happens, then the price decline in other Altcoins such as LTC will also occur, not up.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Jating on December 23, 2020, 01:13:55 PM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.


It's already on a major breakout, but still far the previous all time high.

I think alts will have it's time next year, bitcoin is still dominating at this point so it's hard for alts to cut the piece of the piece, sort of. The last time alt market sees all time high is when bitcoin dominance went down to 45% range.

So it will either take a lot of new blood to pump altcoin market again, or bitcoin investors suddenly shifts to altcoin similar to early 2018 to achieved new all time high for the top 10 altcoins including Litecoin.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: arabianhorse on December 23, 2020, 04:05:35 PM
Global market is in panic and Crypto is also feeling the heat with the start of Monday but many times we hear this logic that x-mas week is coming and people specially in Europe and US cashout from market to celebrate Christma and new year. So for this reason the price is dumping.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: FaucetKING on December 23, 2020, 05:47:16 PM
Coblee, the developer of Litecoin is still amoung us here in Bitcoin talk and his Litecoin blockchain is working perfectly for years. I don't see any reasons that prevents Litecoin from soaring and making the achievements of Ethereum. Litecoin doesn't even need smart contracts to replace Ethereum as a mean of payments. I think that the developers of this great blockchain should start thinking about implementing Smart contracts, if they do so then we might see LTC at 1000$ per coin or even more. Nowadays, i'm forecasting a steady growth and a price valued at 80 - 200 usd.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: SATWAT on December 23, 2020, 06:12:25 PM
Global market is in panic and Crypto is also feeling the heat with the start of Monday but many times we hear this logic that x-mas week is coming and people specially in Europe and US cashout from market to celebrate Christma and new year. So for this reason the price is dumping.
Due to stick lock down in few countries most chances peoples will stay at home and enjoy with online games and relative stuff just because of this surely crypto rates are going to rise because right now its best option for many peoples to enjoy their stuff and this will bring some good news in crypto for Litecoin I also have few but mostly I hold them and use for transactions as its much faster and better then many hopefully price will also rise.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: pealr12 on December 23, 2020, 07:40:54 PM
No need to chill this project @op because it doesn't seem like lition is ready for any breakout to me, i think this project should first consider listing on a good top tier exchange if they are as strong as you claim they are with all those great partnerships, uniswap is not for everyone and the rest of exchanges don't represent the class of this project well enough.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: ScamViruS on December 23, 2020, 08:17:34 PM
No need to chill this project @op because it doesn't seem like lition is ready for any breakout to me, i think this project should first consider listing on a good top tier exchange if they are as strong as you claim they are with all those great partnerships, uniswap is not for everyone and the rest of exchanges don't represent the class of this project well enough.

Are you sure what you mean You may have made this comment without knowing about Litecoin. Litecoin is one of the top coins, so you do a little research about litecoin. You've spent a lot of time in the crypto community, and your rank hero member in this forum and you don't know  properly about litecoin! Which surprised me a lot.

https://i.ibb.co/KVSk5xh/20201224-021231.jpg

Source: https://coinmarketcap.com/currencies/litecoin/


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Mahdirakib on December 23, 2020, 08:45:52 PM
The recent price move of ltc is notable but I'm not expecting any major breakout in ltc price soon. Cause litecoin price showing too much volatile movement, which isn't a sign for major breakout. Bitcoin marketcap dominance increasing slowly. There is huge difference between alt and btc price move now. While bitcoin showing stability alt price dropping much. Overall ltc have done better than most other alts but we aren't going to see the new ATH shortly.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Twinkledoe on December 23, 2020, 08:55:48 PM
The recent price move of ltc is notable but I'm not expecting any major breakout in ltc price soon. Cause litecoin price showing too much volatile movement, which isn't a sign for major breakout. Bitcoin marketcap dominance increasing slowly. There is huge difference between alt and btc price move now. While bitcoin showing stability alt price dropping much. Overall ltc have done better than most other alts but we aren't going to see the new ATH shortly.

And if we talk about the developments in ltc, is the dev still active? I am not really familiar with the movement in their developments. But if they do have active ltc team, we can expect that there will still be price improvement but major breakout? Seems not gonna happen anytime soon.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: fia_naila on December 24, 2020, 02:20:20 AM
No need to chill this project @op because it doesn't seem like lition is ready for any breakout to me, i think this project should first consider listing on a good top tier exchange if they are as strong as you claim they are with all those great partnerships, uniswap is not for everyone and the rest of exchanges don't represent the class of this project well enough.

You know what litecoin is ? Begore hinance existed this coin already gives a good run. Top exchange ? Litecoin has been in top exchange like btc-e and others. And probably even binance owner have litecoin. This coin will break out when mimblewimble is implemented which is around Q1 2021


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: BigBoy89 on December 24, 2020, 02:28:08 AM
TBH I don't find a valid reason behind the Litecoin soar more than other alts. It's old coin, nobody really uses it, no smart-contract, no anything.

This puzzles me and for now, I'm staying away from LTC.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: ibuddy122505 on December 24, 2020, 05:01:30 PM
TBH I don't find a valid reason behind the Litecoin soar more than other alts. It's old coin, nobody really uses it, no smart-contract, no anything.

This puzzles me and for now, I'm staying away from LTC.
3 months ago litecoin was trading around $44 each and now it's about $107 each, reason why I'm bearish. I really like litecoin and think LTC will be moving 2021 as well. Litecoin already 2x now but there only few notice it. Sometime top things are working out without any reason, you just need to eye to look.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: bitcon on December 24, 2020, 08:18:34 PM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.



Investing in Litecoin will never be a mistake, unless you do not need to buy at the peak. In my opinion, there is a peak right now. Then we will be able to observe the correction of the exchange rate and then you can buy yourself coins, with the condition of long-term investment.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: tycsols on December 24, 2020, 08:30:49 PM
Litecoin is still way below its previous all time high levels so i do not expect it too reach there anytime soon, only if the bullish momentum continues from here on still it will take some months to reach previous high levels, I think first quarter of the new year will be crucial to set the pace for ltc.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: zonefloor on December 24, 2020, 09:51:24 PM
I am expecting a nice rise from LTC. But it is a very unstable coin. When the market rises, it falls. It comes out when it falls. It is really annoying to watch a very unbalanced profile. But now is definitely the time.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 25, 2020, 03:38:11 AM
I am expecting a nice rise from LTC. But it is a very unstable coin. When the market rises, it falls. It comes out when it falls. It is really annoying to watch a very unbalanced profile. But now is definitely the time.

The whole crypto Market was  in Panic including LTC When SEC announced Lawsuit  against XRP . It had negative impact on all Alts price including LTC. The LTC/USDT pair is still trading above its 20 days MA and hopefully it will soon hit its next resistance levels at $ 116, 121 and 129 when BTC price remains stable at current price and its Dominance Index starts coming down. I strongly believe that KTC will eventually break its ATH record of $ 375 once a real bull run starts in Alts Market.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: zidanw on December 25, 2020, 04:47:17 AM
Well that's probably a good sign, I was considering myself to have some Litecoin as well too. It's indeed a good investment for long term holding let's just hope that it would have a major breakout maybe before the end of 2020 or maybe early 2021


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sithara007 on December 25, 2020, 05:33:18 AM
The SEC lawsuit has destroyed XRP and it is having a negative impact on the other altcoins as well. And the Litecoin prices are also down and it has gone below the crucial support level of BTC0.005 per coin. I remember a time when Litecoin used to trade at BTC0.03. During the recent years, its exchange rates against Bitcoin has gone down, although the prices denominated in fiat currency seems to have gone up.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: mariah.sadio on December 25, 2020, 05:42:56 AM
Litecoin for 100+ is already good news. If institutionals like grayscale continue to buy it we will see it for 130. However, higher targets like 150+ are still not looks realistic as for me


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: maydna on December 25, 2020, 05:50:24 AM
If litecoin ready for a major breakout, I am ready to sell my litecoin at a peak because I still have some litecoin, which I bought at a low price. It is good news that we can see the litecoin price now can increase to $109, and if litecoin can surge to the high price, it could be another moment to make a profit. But I am not sure if litecoin can increase to $200 this month because it seems the way to go that price still needs more time. But if this month, the altcoin season can come, I am sure that litecoin will have that chance to increase and break many high prices.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: iTradeChips on December 25, 2020, 09:40:24 AM
We all saw that the Altcoins were not able to replicate the highs that Bitcoin has gained for the past weeks. Many before believe that if Bitcoin increases then it will positively affect the other altcoins and they too will increase in value. That did not happen now, so what is going on? It is now clear that Bitcoin behaves separately and has nothing to influence as far as the price of altcoins are concerned. This in my opinion is simply a normal progression. If you trust the altcoin, then you continue to invest on it, no matter what the performance of it may be.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: leea-1334 on December 25, 2020, 04:26:59 PM
We all saw that the Altcoins were not able to replicate the highs that Bitcoin has gained for the past weeks. Many before believe that if Bitcoin increases then it will positively affect the other altcoins and they too will increase in value. That did not happen now, so what is going on? It is now clear that Bitcoin behaves separately and has nothing to influence as far as the price of altcoins are concerned. This in my opinion is simply a normal progression. If you trust the altcoin, then you continue to invest on it, no matter what the performance of it may be.

Yes,,, the long awaited altcoin season has not arrived even though Bitcoin has now been past the 2017 ATH for weeks,,, not a very good sign at all because even the big ETH is struggling to reach 50% of the ATH (1400+). But maybe it needs Bitcoin to go x2 at $50k before they all also go and take their time to run up the charts.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: bitzizzix on December 25, 2020, 04:54:04 PM
We all saw that the Altcoins were not able to replicate the highs that Bitcoin has gained for the past weeks. Many before believe that if Bitcoin increases then it will positively affect the other altcoins and they too will increase in value. That did not happen now, so what is going on? It is now clear that Bitcoin behaves separately and has nothing to influence as far as the price of altcoins are concerned. This in my opinion is simply a normal progression. If you trust the altcoin, then you continue to invest on it, no matter what the performance of it may be.
It takes patience to face altcoins and maybe wait for bitcoin to rise further to be able to raise altcoin prices, maybe the majority of investors and traders believe more in the strength of the current bitcoin tren.
it takes some patience to wait and only time will show the rise in altcoins, and I am also an altcoin holder and will continue to hold onto it until the time comes.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: oprahwindfury on December 25, 2020, 05:06:17 PM
Indeed, I trust bitcoin predominance can drop to 60%. This would be acceptable for Litecoin as well as all the altcoins available would be influenced.If bitcoin quits rising, Right now LTC is in a decent condition. This will be an extraordinary open door for Litecoin to re-visitation of ATH.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 25, 2020, 07:42:58 PM
Indeed, I trust bitcoin predominance can drop to 60%. This would be acceptable for Litecoin as well as all the altcoins available would be influenced.If bitcoin quits rising, Right now LTC is in a decent condition. This will be an extraordinary open door for Litecoin to re-visitation of ATH.

Well said. The LTC has yet to show its Real colour. The Bullish pattern is in formation and LTC Breakout looks imminent if all goes well. It is likely to hit $ 340 then $ 540 once Alt Market rallies. Crypto Market is highly volatile and  unpredictable and you never know what may happen next minute.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Mahdirakib on December 26, 2020, 12:17:35 PM
And if we talk about the developments in ltc, is the dev still active? I am not really familiar with the movement in their developments. But if they do have active ltc team, we can expect that there will still be price improvement but major breakout? Seems not gonna happen anytime soon.
Yeah, litecoin dev still active but they don't show too much activity always. The latest version of litecoin core has been released in June month of this year. Litecoin founder also said that they are working on the next release of litecoin core. So we can expect that litecoin price will gradually increase more. Maybe not a major breakout but better than other altcoins. Check this article about the last upgrade of ltc
New Litecoin upgrade proves it: LTC development is still on-going (https://invezz.com/news/2020/06/12/ltc-development-still-on-going/)


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: mardaed on December 26, 2020, 12:39:26 PM
Well it's really a great investment in my opinion. Litecoin maybe considered as one of the calm coins at the moment but the potential of it is really great well it's so nice to hear that most of the signals are in favor of the Litecoin's price let hope that next year it will make a rally.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: nrvasquez on December 26, 2020, 12:58:42 PM
Well it's really a great investment in my opinion. Litecoin maybe considered as one of the calm coins at the moment but the potential of it is really great well it's so nice to hear that most of the signals are in favor of the Litecoin's price let hope that next year it will make a rally.
We know Litecoin did something big back in 2017 and also when compared to their ATH, this is still too far. even so I'm sure Litecoin just needs a good announcement about their development and they can get BANG


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Benefactor on December 26, 2020, 02:17:38 PM
This would be acceptable for Litecoin as well as all the altcoins available would be influenced. As of now LTC is in a decent condition. also, if bitcoin quits rising. This market has changed fortunes of numerous members and it will keep doing that in coming months and years. There will be occasions when BTC amends. this second can likewise cause the altcoins to rise.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: sarmrakib on December 26, 2020, 02:26:59 PM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.
Have you noticed recently on the market btc is just keep moving high .It's just unstoppable right at the moment .Recently it has touched 25k$ so i don't think it will not fall down anymore on this year .On the other hand litcoin is keep growing gradually .Now its around 130$ have a good chance to make a bull rally when btc is stable .I think it will keep continue its recent uptrend strongly.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: nikola22 on December 26, 2020, 05:47:17 PM
Litecoin shows a good growth but mostly it goes after bitcoin rise. when the BTC price goes down Litecoin falls even faster. next year developers should introduce protocol update with adding privacy features and this could boost the LTC price.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: ene1980 on December 26, 2020, 05:56:12 PM
Yes,,, the long awaited altcoin season has not arrived even though Bitcoin has now been past the 2017 ATH for weeks,,, not a very good sign at all because even the big ETH is struggling to reach 50% of the ATH (1400+). But maybe it needs Bitcoin to go x2 at $50k before they all also go and take their time to run up the charts.
The top alt coins in the market all increased by 100% and some even more during the bitcoin rally in recent months and what sort of rally you are talking about. I am not too keen on the entire alt coin market but i am holding a few and all the top coins gained substantially even though they have not reached their ATH.
If the rally in bitcoin continues we will witness majority selling their alts and entering the bitcoin market as well.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: cassavachips on December 26, 2020, 06:04:53 PM
LTC is currently continuing to strengthen following Bitcoin, especially if the altcoin season arrives then LTC will breakout and it could also reach a new ath. Apart from being influenced by the rise in Bitcoin, the possibility of LTC goes up because grayscale companies have bought a lot of LTC.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: kasakola on December 26, 2020, 06:15:52 PM
i think j bitcoin is now on top of gemon but even after that bitcoin stopped for some time after some time bitcoin went up 24000 again just like every coin will have such a break out ltc and maybe take a break out for some time So there is nothing to think about. From my general experience, I can say that ltc will pump up again like before. This idea would not benefit everyone but there is some idea. Thank you.



Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 26, 2020, 08:12:51 PM
LTC is currently continuing to strengthen following Bitcoin, especially if the altcoin season arrives then LTC will breakout and it could also reach a new ath. Apart from being influenced by the rise in Bitcoin, the possibility of LTC goes up because grayscale companies have bought a lot of LTC.

Very well analysed. There is flood of money and credit in the Market due to Money expansion Policies of Central banks and it is likely to continue in 2021. People are likely to continue buying crypto assets beside Gold to diversify their investment to avoid depreciating value of Money.  In view of  the foregoing  scenario, My optimistic  Target of LTC price is above $375 in 2021.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Bamelin on December 27, 2020, 07:41:50 AM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.

The current spike was resulted solely from Bitcoin and the altcoins don't have any role in the bull run. And this is the reason why the Bitcoin dominance rose from 57% to 68% in less than three months. I won't be surprised if the Bitcoin dominance increases to 80% or above in the next few months. Altcoins survived for so long, but their time is up. Users don't want to invest in coins without real usage.


Litecoin's value proposition:
High liquidity & on every exchange
number 2 supported on ATMs
350m @PayPal users
$104m @Grayscale LTCN trust
99% Scrypt hashrate dominance
MWEB fungibility/privacy
Low fees & fast txns
$500b+ value transferred
9+ years w/ zero downtime

https://twitter.com/SatoshiLite/status/1340864115628130305?s=20


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: trauchot on December 27, 2020, 09:55:39 AM
I think that 2021 will be a very good year for altcoins and Litecoin will also grow very well in price, and therefore this year I invested in Litecoin and am waiting for the price of Litecoin to start to grow, and in general, Litecoin technologies and opportunities are very popular and soon big players will start pumping Litecoin price.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Vishnu.Reang on December 27, 2020, 12:07:06 PM
I think that 2021 will be a very good year for altcoins and Litecoin will also grow very well in price, and therefore this year I invested in Litecoin and am waiting for the price of Litecoin to start to grow, and in general, Litecoin technologies and opportunities are very popular and soon big players will start pumping Litecoin price.

I have seen a lot of posts claiming "2021 is going to be a good year for altcoins".. but do you guys have any concrete reason to say so? Bitcoin has gone up by 180% during the last three months, because its mainstream adoption has received a big boost. Now talking about the altcoins, do they have any such trigger, so that their trading volume and the exchange rates would increase? And all the time, they can't remain dependent on Bitcoin.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Galley on December 27, 2020, 02:29:36 PM
It seems that l Litecoin is gradually starting its run in the wake of the upward bitcoin. Perhaps the growth will not be as strong as that of Ethereum, but against the background of other altcoins, it looks very attractive.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 28, 2020, 09:20:38 AM
I think that 2021 will be a very good year for altcoins and Litecoin will also grow very well in price, and therefore this year I invested in Litecoin and am waiting for the price of Litecoin to start to grow, and in general, Litecoin technologies and opportunities are very popular and soon big players will start pumping Litecoin price.

I have seen a lot of posts claiming "2021 is going to be a good year for altcoins".. but do you guys have any concrete reason to say so? Bitcoin has gone up by 180% during the last three months, because its mainstream adoption has received a big boost. Now talking about the altcoins, do they have any such trigger, so that their trading volume and the exchange rates would increase? And all the time, they can't remain dependent on Bitcoin.

Very well said. Your Logical argument  of BTC mainstream adoption is very convincing. I would like to add another reason  that  there’s also an investment-related reason for people to eschew equities for cryptos. And that is the bearish broadening wedge formation that is developing in the S&P 500. Yes, I’m talking about technical analysis and yes, I understand that many folks believe this methodology is as good as horse manure.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Lorokan on December 28, 2020, 09:36:44 AM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.



I personally think until litecoin takes charge and witness its own bull run independently then it is not ready. Over the years, litecoin pump in price or uptrend has been dependent on bitcoin bull run and this is why it has been unable to have a major breakout. When litecoin independently surge in price; then the new ath will follow and even higher


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: shiming on December 28, 2020, 10:32:53 AM
Litecoin seems to have risen a lot with the price of Bitcoin recently. As more and more institutions pay attention to cryptocurrency, I think they will also pay attention to Litecoin. Maybe next year, the price will be even more impressive. Litecoin is still close to its highest price. Expect him to break the previous price height. ;D


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Fredomago on December 28, 2020, 11:20:47 AM
I think that 2021 will be a very good year for altcoins and Litecoin will also grow very well in price, and therefore this year I invested in Litecoin and am waiting for the price of Litecoin to start to grow, and in general, Litecoin technologies and opportunities are very popular and soon big players will start pumping Litecoin price.

I have seen a lot of posts claiming "2021 is going to be a good year for altcoins".. but do you guys have any concrete reason to say so? Bitcoin has gone up by 180% during the last three months, because its mainstream adoption has received a big boost. Now talking about the altcoins, do they have any such trigger, so that their trading volume and the exchange rates would increase? And all the time, they can't remain dependent on Bitcoin.
Good point, if there's something that this project will offer same a like with how Bitcoin being appreciated by now, it's very possible that the value will rise high as well.

Most of the traders are finding reason before supporting or investing in, some might just blindly invest and follow the trend but most of the time or because of the experienced way back. investors tends to find good reason before jumping into investing their money.



Litecoin seems to have risen a lot with the price of Bitcoin recently. As more and more institutions pay attention to cryptocurrency, I think they will also pay attention to Litecoin. Maybe next year, the price will be even more impressive. Litecoin is still close to its highest price. Expect him to break the previous price height. ;D
Indeed! Litecoin also getting the luxury of being pumped, supporters coming from this project taking this opportunities and ride along Bitcoin to bring new investors and traders to this project, but they needed to bring developments and partnerships to make their own bull run.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: tvplus006 on December 28, 2020, 11:20:58 AM
I personally think until litecoin takes charge and witness its own bull run independently then it is not ready. Over the years, litecoin pump in price or uptrend has been dependent on bitcoin bull run and this is why it has been unable to have a major breakout. When litecoin independently surge in price; then the new ath will follow and even higher

In the last month alone, the price of litecoin has increased by more than 100%. The next target for LTC is at $154, which it can reach as early as this week. But everything will depend on bitcoin, if its bullish growth continues, investors will prefer BTC and the growth of litecoin may stop.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: TheGreatPython on December 28, 2020, 06:14:34 PM
I think it is obvious that this topic was created at around the right time but also a bit late. Sure when this was written litecoin was around 110-120 levels and now on 130+ levels so we can say that it has gone up a lot, not a "breakout" but it has increased fairly decently in the last week or so.

However the major breakout already happened didn't it? Price was around 45 dollars or so earlier in the year and now it is over 135 which means it has increased x3 in price, isn't that a break out? I would say that should have been something we all consider a breakout. So yes, it was written at the right time because the price of litecoin increased over 10% in the last week so if you bought at 23rd and sold today you would have made a profit, but it didn't do a breakout like expected because it already did that during the year itself anyway with a x3 increase.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: articlecity on December 28, 2020, 06:17:00 PM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.


Yeah it isalreading moving and momentum is good it looks like ltc is the next one to follow btc towards its path to moon but if we check critically the price is still way below previous high price so it still has a lot to do.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Bamelin on December 29, 2020, 07:30:26 AM
The Litecoin Cycle

https://i.imgur.com/vV5PAc3.png


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 29, 2020, 08:04:23 AM
The Litecoin Cycle

https://i.imgur.com/vV5PAc3.png

Very nice chart explaining the Historical Relationship of LTC with BTC. I think LTC has not shown its Real colour in current season. "History always repeats itself sooner or later" if we believe in it and this is the bases of all Technical Indicators/charts then eventually LTC will reach $525. Let's watch and wait with patience.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Inkdull on December 29, 2020, 08:19:44 AM
To me every altcoins most especially the top ones are ready for a major outbreak, once bitcoin is done altcoins will start seeing huge pumps as well, LTC, MONero, BNB, ETH are my favorite altcoins right now and I hold majority of other altcoins


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: adekogbe on December 29, 2020, 10:33:17 AM
i believe that litecoin has a lot of growth potential, and this can be seen if you draw up the charts and analyze its candle sticks with price action analysis.
Litecoin's trajectory is somewhat similar to that of bitcoin and a break of price resistance at its all tine high will mean it can also increase exponentially in price.
i bought some LTC a while ago and i think holding it long term is the best way to reap the reward of that investment


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Jamesdila1 on December 30, 2020, 01:22:53 AM
I agree! Once bitcoin stabilizes I think that the major top 50 altcoins will go up in price and we will witness altcoins season
One of the major altcoins that we must keep an eye on him is LTC


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: TastyChillySauce00 on December 30, 2020, 03:52:36 AM
I agree! Once bitcoin stabilizes I think that the major top 50 altcoins will go up in price and we will witness altcoins season
One of the major altcoins that we must keep an eye on him is LTC
Those altcoins didn't even need to wait for bitcoin to be stabilized. As far as I know that if this time altcoin's trend is to follow bitcoin.
Litecoin will be taking the XRP's place very soon. I hope that we will see litecoin to be placed at the top 4 CMC. This coin is really worth to replace the garbage coin called XRP.
People should always keep their eyes into the litecoin.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: bryant.coleman on December 30, 2020, 04:53:14 AM
I saw a thread claiming that Litecoin has overtaken XRP to become the 4th biggest cryptocurrency, in terms of market capitalization. I checked Coinmarketcap, and found that the claim was wrong. But only around $300 million separates the two cryptos and I expect LTC to become no.4 sometime soon. The destruction of XRP seems to have opened new avenues for Litecoin.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on December 30, 2020, 02:16:44 PM
I saw a thread claiming that Litecoin has overtaken XRP to become the 4th biggest cryptocurrency, in terms of market capitalization. I checked Coinmarketcap, and found that the claim was wrong. But only around $300 million separates the two cryptos and I expect LTC to become no.4 sometime soon. The destruction of XRP seems to have opened new avenues for Litecoin.

You are absolutely right the crash of XRP has opened new door of opportunity for LTC to become #4 on coinmarketcap and it will replace XRP soon.  Technically speaking LTC is facing tough Resistance around $130 and if it breaks this resistance then it could finish 2020 with highest price since June, 2020. My long term target of LTC price is $ 525 based on Technical analysis and co-relation between BTC and LTC.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on January 02, 2021, 07:52:27 AM
I agree! Once bitcoin stabilizes I think that the major top 50 altcoins will go up in price and we will witness altcoins season
One of the major altcoins that we must keep an eye on him is LTC
Those altcoins didn't even need to wait for bitcoin to be stabilized. As far as I know that if this time altcoin's trend is to follow bitcoin.
Litecoin will be taking the XRP's place very soon. I hope that we will see litecoin to be placed at the top 4 CMC. This coin is really worth to replace the garbage coin called XRP.
People should always keep their eyes into the litecoin.

Well said. XRP is losing its credibility very fast and LTC will soon replace XRP on CMC. LTC price is moving around its 20 days Moving average at $125 and once it breaks $ 135 Resistance then it will quickly jump to $145. I personally think that a HUGE Rally in alts will come once BTC price is stabilized and its Dominance Index comes down.  Currently its Dominance Index is around 70.8 % which is very high. Rally in alts is likely to begin once it comes down to 65%.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: HerbertMarcel on January 07, 2021, 05:50:20 PM
Yeah, I have discovered that the LTC has been increasing since last week in this bulk situation But it can't hit its real value till now. I hope LTC will be reached at good performance very quickly.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on January 09, 2021, 07:06:38 PM
Yeah, I have discovered that the LTC has been increasing since last week in this bulk situation But it can't hit its real value till now. I hope LTC will be reached at good performance very quickly.

You are right, It is not yet reached where all Technical Analysts want to see it but it is slowly making progress and breaking Resistance one after other. It is currently trading at $172 which is above its Pivot point and next Resistance is at  $185. It will likely break it ATH Record of 375 within next few weeks.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: PIMPdev on January 18, 2021, 07:06:51 AM
feels like it was major break out for ltc and wait for more a bit stupid


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on January 18, 2021, 04:07:55 PM
feels like it was major break out for ltc and wait for more a bit stupid

The current price is around 149  of LTC which is above its  pivot point of 142 . The next Resistance is at 152. There are some early signs of Bull Run in Alts coins now because BTC Dominance is coming down, it stands now around 66%. If History of 2017 is repeated then we will soon see LTC breaking its all time High.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Shasha80 on January 18, 2021, 04:32:36 PM
If you look at Litecoin's impressive performance, it makes me sure that this year Litecoin will make it back to its all time high price. Moreover,
based on my analysis Litecoin is one of the top altcoins that has increased performance, even now Litecoin has recovered to a price of $ 148.
So if anyone wants to buy Litecoin now is the perfect time to buy Litecoin. Before the price went back to $ 375, because I think Litecoin is still
cheap right now.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on January 19, 2021, 02:36:27 PM
If you look at Litecoin's impressive performance, it makes me sure that this year Litecoin will make it back to its all time high price. Moreover,
based on my analysis Litecoin is one of the top altcoins that has increased performance, even now Litecoin has recovered to a price of $ 148.
So if anyone wants to buy Litecoin now is the perfect time to buy Litecoin. Before the price went back to $ 375, because I think Litecoin is still
cheap right now.

True. BTC and Ethereum have broken their All time high but LTC has yet to show its Real colour. It is one of the Top 4 trusted coin and listed on PayPal, as well. It is being traded above Technically speaking, its Pivot point which is at 148 on daily chart and today's high is $166. According to my assessment, it has to stay above $181 for few days before it breaks $ 200.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: AssociatesBumble579 on February 02, 2021, 06:59:45 PM
Yes, you are right. Over the past few days, Litecoin is gaining some value gradually. I think this ready for the major breakdown. If the value BTC decreases, then it will gain more with all other altos. It's in a good position now but I think the more surprising is coming soon.




Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on February 03, 2021, 03:11:54 AM
Yes, you are right. Over the past few days, Litecoin is gaining some value gradually. I think this ready for the major breakdown. If the value BTC decreases, then it will gain more with all other altos. It's in a good position now but I think the more surprising is coming soon.



 Litecoin is one of the first altcoins (alternative coins) that was used to substitute bitcoin. In deed there is a significant price correlation between the 2 cryptocurrencies. Though LTC has not shown any significant performance during current Bull run but we need to be patient and wait for the major break out and hopefully it will break its all time high record.


https://i.imgur.com/oOgDwPA.png

https://www.tradingview.com/chart/LTCUSD/r8mG4DX7-Litecoin-LTC-Is-Pump-Coming/


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: HerbertMarcel on February 07, 2021, 11:16:44 AM
Yes, it seems Litecoin is about to pump up. Recently we have seen that Litecoin was very strong against Bitcoin. Litecoin performance these few days has been impressive and I admire and I see the value of bringing smiles to the holders.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: wheelz1200 on February 10, 2021, 11:29:22 PM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.



I think litecoin is one of the more undervalued cryptos out there.  Historically a great price based on sats to get in.  Once the masses move money around litecoin will get some love.  There is nothing flashy here and too much volume for the typical pumps on it.  But if it catches steam no reason it can't get back to .01/btc


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on February 11, 2021, 12:25:04 AM


The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.



I think litecoin is one of the more undervalued cryptos out there.  Historically a great price based on sats to get in.  Once the masses move money around litecoin will get some love.  There is nothing flashy here and too much volume for the typical pumps on it.  But if it catches steam no reason it can't get back to .01/btc

You are absolutely right, it has not shown what Its investors are expecting from it during the current Bull Run but I think this just the beginning and best is yet to be seen. Its current price is $180 which is above its Pivot point and next Resistance is at $189. I am pretty sure it will not only break its all time high high record (275$) but also go much beyond it.

https://i.imgur.com/IA8z9U5.jpg


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Hobo66 on February 11, 2021, 12:27:07 AM
Yes not only 375$,Litecoin will break 500$ soon. I like to invest in two Altcoin most chainlink and litecoin.
chainlink is cheaper and still has a lot of price ranges to discover to the upside. but LTC is more under control which makes it preferrable


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: PIMPdev on February 11, 2021, 05:32:03 AM
 sure litecoin ready  for major outbreak but break down


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: zerogrown on February 13, 2021, 09:50:19 AM
LTC sure is not getting much attention lately because of LINK and DOT climbing up the rankings. But looking at it again, they are not doing really bad. LTC (https://trade.kucoin.com/LTC-BTC) volume is actually pretty good considering the overtaken of the ranking. Its still a decent investment for me same as XRP.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: konflikkastil on February 13, 2021, 10:47:43 PM
Don't be surprised when you see major rise, nobody might have the ability to see it now. Ltc is going to take every body by surprise in the future. And the future im talking about it not years to come, I'm talking about in the next few months or even weeks. Lol what happened to DOGE, I don't expect such a thing could ever happen to a meme coin. Coin that has no value, it really a world full of surprises that will are living in. The time might not be now, but ltc is definitely ready for a major breakout. And we have to be prepared so we can take our own maximum gain.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: coin-investor on February 13, 2021, 11:17:39 PM
LTC sure is not getting much attention lately because of LINK and DOT climbing up the rankings. But looking at it again, they are not doing really bad. LTC (https://trade.kucoin.com/LTC-BTC) volume is actually pretty good considering the overtaken of the ranking. Its still a decent investment for me same as XRP.

44.7%in 7 days is definitely a good increase, Litecoin although a former number two coin in the market and had a big slip in standing still a good coin to invest in, we never know Litecoin will become the next favorite coin of Elon Musk to shill and it will eventually reach $1000, Litecoin is always ready for a breakout it has always proven it can and the market has recorded on those breaks out.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: PIMPdev on March 26, 2021, 05:38:46 AM
haha yes specially when it is back to $170


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: nebuch on March 26, 2021, 05:56:28 AM
Yes, you are right. Over the past few days, Litecoin is gaining some value gradually. I think this ready for the major breakdown. If the value BTC decreases, then it will gain more with all other altos. It's in a good position now but I think the more surprising is coming soon.



 Litecoin is one of the first altcoins (alternative coins) that was used to substitute bitcoin. In deed there is a significant price correlation between the 2 cryptocurrencies. Though LTC has not shown any significant performance during current Bull run but we need to be patient and wait for the major break out and hopefully it will break its all time high record.


https://i.imgur.com/oOgDwPA.png

https://www.tradingview.com/chart/LTCUSD/r8mG4DX7-Litecoin-LTC-Is-Pump-Coming/
Absolutely, patience is a must to see the greatest come back of Litecoin once breakout the old ath record. Despite of slow progress of Litecoin. I still believe that this coin could bring good profit once the massive pump take place. I choose to remain optimistic because everything in crypto market remains possible. So, Litecoin will pump hard when the right time comes.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on March 28, 2021, 04:15:31 AM
LTC sure is not getting much attention lately because of LINK and DOT climbing up the rankings. But looking at it again, they are not doing really bad. LTC (https://trade.kucoin.com/LTC-BTC) volume is actually pretty good considering the overtaken of the ranking. Its still a decent investment for me same as XRP.

44.7%in 7 days is definitely a good increase, Litecoin although a former number two coin in the market and had a big slip in standing still a good coin to invest in, we never know Litecoin will become the next favorite coin of Elon Musk to shill and it will eventually reach $1000, Litecoin is always ready for a breakout it has always proven it can and the market has recorded on those breaks out.

LTC is trading  now above support zone and Breakout is likely to happen any time  as BTC is stable now and Dominance Index is around 59% which is good for 2nd round of Rally is Alt coins. LTC has yet to break its ATH record of $375. I am patiently waiting to see it happen and expecting it to make new ATH record soon.

https://i.imgur.com/muFL5Al.png


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: motun01 on April 21, 2021, 11:28:58 PM
If you check historical data, it is always seen that litecoin pumps almost the same time that BTC pumps too and considering the fact that they have similar blockchains and litecoin is really underpriced as compared to Bitcoin, then it is no surprise that litecoin has good price movements in the markets.
The trading volume is also encouraging


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: lixer on April 22, 2021, 08:08:57 PM
The Lite coin # 5 on coinmarketcap which is also called Mini BTC has not shown any impressive performance during the recent Bull run  but during the past week it surged 39% and rallied to $124. It has broken major resistance levels, more significantly it broke 62% FIB. The next major Resistance levels are at $ 131, 135, 151 and 160. As many analysts are expecting a major rally in Alts Market once BTC price stabilizes and BTC dominance Index comes down to 60% then we might see Lite coin breaking its ATH record of $375.
I believe that Litecoin is a good crypto choice to make at this time. Something like this happened the last time there was a bull run; after everything that happened , litecoin was just moving slowly and when the bullish trends were calm, that’s when Litecoin started it’s own movement and kept moving and breaking records.

So, wouldn’t be a surprise if it is going to repeat the same thing this time around because I am already expecting it to happen again.From the start I have made sure to invest money in litecoin, so it’s in my portfolio in case there should be any bull run that will be breaking the ATH price.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: LUCKMCFLY on April 23, 2021, 02:38:35 AM
It is very likely that due to the movements of the bitcoin market now LTC is taking a good bullish turn, for its part ETH does the same with the rise of 10%, however the dominance of Bitcoin is at 50%, this is favorable for LTC, and is demonstrated here:

Quote
“LTC: Potential 50/200 bullish EMA cross on the 1D for BTC pair incoming, this would be very significant IMO. Haven’t seen that since 2019.  I’m bullish on Litecoin still and think it’s going to go to $420,” he tweeted.

If this view is proven to be correct, LTC may see a rise close to nearly 52% from its current price level.

The technical view for LTC/USD on the 4-hour chart suggests a bullish flip, even though bears might still have a say given the long shadow on the current candle.

https://i.imgur.com/AaBAaET.png

Source: https://www.newsbtc.com/news/litecoin/litecoin-bull-momentum-alt-season/ (https://www.newsbtc.com/news/litecoin/litecoin-bull-momentum-alt-season/)


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: gaston castano on April 23, 2021, 04:17:26 AM
well unfortunately litecoin is in the 10th place now even though it has experienced a very high rise after rising from the price of 40 $, but other coins have also gone up very rapidly and are superior, I think new coins like uni, sol, dot, ada, link, are more desirable.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Ararbermas on April 23, 2021, 04:39:50 AM
well unfortunately litecoin is in the 10th place now even though it has experienced a very high rise after rising from the price of 40 $, but other coins have also gone up very rapidly and are superior, I think new coins like uni, sol, dot, ada, link, are more desirable.
yup this kind of project is very skeptical wherein seems still have no intention to make a good progress despite of what happened to some alt coin in the market.. For this reason in my opinion, much better to priorities those who already made progress and still have a potential to regain value, wherein just to assure you can prevent massive dump after all.. Indeed since theres no significant increase on its value this kind of coin isn't advisable.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on May 09, 2021, 04:31:51 AM
It is very likely that due to the movements of the bitcoin market now LTC is taking a good bullish turn, for its part ETH does the same with the rise of 10%, however the dominance of Bitcoin is at 50%, this is favorable for LTC, and is demonstrated here:

Quote
“LTC: Potential 50/200 bullish EMA cross on the 1D for BTC pair incoming, this would be very significant IMO. Haven’t seen that since 2019.  I’m bullish on Litecoin still and think it’s going to go to $420,” he tweeted.

If this view is proven to be correct, LTC may see a rise close to nearly 52% from its current price level.

The technical view for LTC/USD on the 4-hour chart suggests a bullish flip, even though bears might still have a say given the long shadow on the current candle.

https://i.imgur.com/AaBAaET.png

Source: https://www.newsbtc.com/news/litecoin/litecoin-bull-momentum-alt-season/ (https://www.newsbtc.com/news/litecoin/litecoin-bull-momentum-alt-season/)

Absolutely right. LTC is mini Bitcoin and it had not shown its real colour during the current Rally of Altcoins. Its rally started a bit late but now the charts are very positive and it can surprise everybody with its performance. Currently is is facing  tough resistance around 375  and next likely target is above $420 if breakout happens from here..


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Godwinpaul on May 09, 2021, 05:01:41 AM
Despite the fact that the bull run has been ongoing for a long time now, it's just recently I noticed that litecoin is making significant movements. I really don't know why litecoin is not performing like other cryptocurrencies like bitcoin, ethereum and bnb.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on May 10, 2021, 12:32:13 AM
Despite the fact that the bull run has been ongoing for a long time now, it's just recently I noticed that litecoin is making significant movements. I really don't know why litecoin is not performing like other cryptocurrencies like bitcoin, ethereum and bnb.

Though LTC was side ways since many month despite the fact that whole Market was Bullish but finally breakout happened and it is showing its real colour now. Technically speaking it is facing tough resistance at $375 and any breakout from here can take to above $500 in coming weeks.


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


https://www.tradingview.com/chart/LTCUSDT/04nGYfZE-LTCUSDT-Look-Bullish/


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: LUCKMCFLY on May 11, 2021, 01:30:26 AM
It is very likely that due to the movements of the bitcoin market now LTC is taking a good bullish turn, for its part ETH does the same with the rise of 10%, however the dominance of Bitcoin is at 50%, this is favorable for LTC, and is demonstrated here:

Quote
“LTC: Potential 50/200 bullish EMA cross on the 1D for BTC pair incoming, this would be very significant IMO. Haven’t seen that since 2019.  I’m bullish on Litecoin still and think it’s going to go to $420,” he tweeted.

If this view is proven to be correct, LTC may see a rise close to nearly 52% from its current price level.

The technical view for LTC/USD on the 4-hour chart suggests a bullish flip, even though bears might still have a say given the long shadow on the current candle.

https://i.imgur.com/AaBAaET.png

Source: https://www.newsbtc.com/news/litecoin/litecoin-bull-momentum-alt-season/ (https://www.newsbtc.com/news/litecoin/litecoin-bull-momentum-alt-season/)

Absolutely right. LTC is mini Bitcoin and it had not shown its real colour during the current Rally of Altcoins. Its rally started a bit late but now the charts are very positive and it can surprise everybody with its performance. Currently is is facing  tough resistance around 375  and next likely target is above $420 if breakout happens from here..

Yes, and not only that, but yesterday it reached an all-time high of $ 412.76, LTC despite the fact that BTC has a lateral behavior, and that LTC has fallen a bit, it has a very good rhythm, I think investors in this moment. They are obtaining very good results, those who bought low do not want to sell, in fact the volume shows that more negotiations are being obtained in the short term.

https://i.imgur.com/v788MHT.png

Quote
If the LTC/USDT pair rebounds off the breakout level, it will suggest that the bulls are buying every minor dip. That will increase the possibility of the resumption of the uptrend with the next target at $463.31 and then $500.

Source: https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link (https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link)


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: PIMPdev on May 24, 2021, 10:29:44 AM
there are always something we can not consider wonder if you are buying dip now


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on July 20, 2021, 01:10:03 PM
there are always something we can not consider wonder if you are buying dip now

Absolutely right. The market is very uncertain and making new low everyday so it is not right time to buy at current price. No body can correctly predict when and from where market will pull back. If still somebody is willing to buy LTC then he should adopt 3 steps strategy to dollar avaege your buying cost. Support and Resistance charts are helpful to take entry but use daily or weekly charts.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: techearn17 on July 20, 2021, 05:34:29 PM
there are always something we can not consider wonder if you are buying dip now

Absolutely right. The market is very uncertain and making new low everyday so it is not right time to buy at current price. No body can correctly predict when and from where market will pull back. If still somebody is willing to buy LTC then he should adopt 3 steps strategy to dollar avaege your buying cost. Support and Resistance charts are helpful to take entry but use daily or weekly charts.

Yes, you are right, but if you are looking for a long term, it is not a bad thing to buy here. The pullback can be found.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: BayAngelo on July 20, 2021, 08:02:02 PM
so sorry but this token remains one of the worst investment I have made. trading litcoin has always been loose for me. i have not earn anything. i always sell in a loss. it is difficult knowing when to sell and you will never notice litcoin do a 2x WITHin short time. tokens like Litecoins, eos are in the same category where traders are not significantly relivants.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: liqidoxgen on July 20, 2021, 08:23:50 PM
I have a small amount of Litecoins, which I earned on faucets, and then bought on the exchange a few years ago at a low price. I think it is now a very undervalued coin with great potential for explosive growth.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: DarkDays on July 20, 2021, 09:12:32 PM
yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.

The current spike was resulted solely from Bitcoin and the altcoins don't have any role in the bull run. And this is the reason why the Bitcoin dominance rose from 57% to 68% in less than three months. I won't be surprised if the Bitcoin dominance increases to 80% or above in the next few months. Altcoins survived for so long, but their time is up. Users don't want to invest in coins without real usage.
Exactly my thoughts. Alts like LTC despite the coin being in the top 10 cryptocurrencies have no say in a bull run. Only BTC determines the market trends for other alts and its dominance dictates market prices since many investors see value in holding BTC not alts.

So now down to the point, is LTC going to break new resistances and go through a major breakout - I think it is all down to BTC and the way it is now under 30k I'm not qualified to say if this is the start of the much anticipated bears or a renumeration if the bulls! It's a wait and see situation.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: mksundip on July 20, 2021, 10:40:50 PM
Litecoin is actually a coin with great potential to pump.  could be said to be a dragon coin candidate.  but when the time will be we don't know, right now we only see the potential of litecoin without any significant movement, maybe we have to be patient waiting for a bull run for litecoin


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Sayeds56 on July 23, 2021, 06:00:53 PM
Litecoin is actually a coin with great potential to pump.  could be said to be a dragon coin candidate.  but when the time will be we don't know, right now we only see the potential of litecoin without any significant movement, maybe we have to be patient waiting for a bull run for litecoin

It is certainly a sleeping Giant and it will certainly wake one day and go many X but when hard to predict. Most likely in the next Bull Run that is likely to happen by the end of 2021. It is mini Bitcoin and accepted in many European countries like Bitcoin and Ethereum, its transaction fee is also very less compared to Bitcoin and Ethereum.. Now it is in accumulation phase and good opportunity to buy on every dip.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: geegaw on July 23, 2021, 06:36:21 PM
Litecoin is actually a coin with great potential to pump.  could be said to be a dragon coin candidate.  but when the time will be we don't know, right now we only see the potential of litecoin without any significant movement, maybe we have to be patient waiting for a bull run for litecoin

It is certainly a sleeping Giant and it will certainly wake one day and go many X but when hard to predict. Most likely in the next Bull Run that is likely to happen by the end of 2021. It is mini Bitcoin and accepted in many European countries like Bitcoin and Ethereum, its transaction fee is also very less compared to Bitcoin and Ethereum.. Now it is in accumulation phase and good opportunity to buy on every dip.
Disappointingly, that's how I feel about this giant, instead of just sleeping a little and waking up to light up the investors' hopes, it sleeps for too long and only opens its eyes a little then continues to darken the investor's world, Bitcoin's rise in the past months seems to be a wake-up call for this litecoin friend but litecoin's answer is still neutral, wakes up in a tired and slightly bullish way and automatically ends. I'm mad at this giant as I've held it for so many years, it's hard to have any more compelling reasons to keep adding it to my wallet.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: rozak on July 23, 2021, 06:49:19 PM

The breakaway is yet unknown, but for those believers who have spare money to invest, this coin is also good for long term
investment. like how you describe it, there are people who already using this as alernative with ETH and BTC.

Lower transaction fee and have decent community, long term assessments, this coin will bring decent profits.
LTC has been talked about as a long-term investment with profit potential.
LTC may still be following BTC at this time, this is because BTC still has strong dominance. but when BTC starts to stabilize with smaller movements. we can see the opportunities of altcoins to make greater adoption. LTC can gain momentum when altcoins are on a good rally move.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: Mahdirakib on July 23, 2021, 06:58:15 PM
Disappointingly, that's how I feel about this giant, instead of just sleeping a little and waking up to light up the investors' hopes, it sleeps for too long and only opens its eyes a little then continues to darken the investor's world, Bitcoin's rise in the past months seems to be a wake-up call for this litecoin friend but litecoin's answer is still neutral, wakes up in a tired and slightly bullish way and automatically ends. I'm mad at this giant as I've held it for so many years, it's hard to have any more compelling reasons to keep adding it to my wallet.
Many new altcoins have overcome LTC by their market cap value. And litecoin gradually going down from it's position. Even there was no price explosion for LTC during the last bull trend of crypto market. But litecoin have huge popularity as an old crypto. So, we shouldn't loss our faith from this sleeping giant. A bigger price movement will happen for sure. But it will take a bit longer time.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: J1mb0 on July 23, 2021, 07:26:37 PM
there are always something we can not consider wonder if you are buying dip now
No one can accurately predict the cryptocurrency market, everyone can only make their own predictions.
Personally, I think the market in general and LTC in particular will decline until the end of 2021.


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: techearn17 on July 23, 2021, 10:50:20 PM
I think LTC has to trade between these two trend lines which could be a better match for LTC. If we can't get here, we could soon see prices below 100 But right now I see that LTC is going between the two lines, which is a good thing.
https://i.ibb.co/kX9hjHq/Capture.png (https://ibb.co/JHyzVBr)


Title: Re: Is Litecoin Ready for a Major Breakout?
Post by: TimeTeller on July 23, 2021, 11:06:49 PM
Disappointingly, that's how I feel about this giant, instead of just sleeping a little and waking up to light up the investors' hopes, it sleeps for too long and only opens its eyes a little then continues to darken the investor's world, Bitcoin's rise in the past months seems to be a wake-up call for this litecoin friend but litecoin's answer is still neutral, wakes up in a tired and slightly bullish way and automatically ends. I'm mad at this giant as I've held it for so many years, it's hard to have any more compelling reasons to keep adding it to my wallet.
Many new altcoins have overcome LTC by their market cap value. And litecoin gradually going down from it's position. Even there was no price explosion for LTC during the last bull trend of crypto market. But litecoin have huge popularity as an old crypto. So, we shouldn't loss our faith from this sleeping giant. A bigger price movement will happen for sure. But it will take a bit longer time.

Seems that the twitter account of creator of LTC is pretty active.

https://twitter.com/satoshilite

The hope that there is actual development going on behind this old alt, may indeed is up and working.
But first, they need to achieve again their ATH or even surpass it.
Right now, the crypto market is still in the recovery phase.
But if they will continue to forge partnerships with top companies, breakout would be easy once btc is in the upward movement.