LTC price and trading volume going up

[akram143]

It also had a good competition in this current market situation so the investment on litecoin will be probably right decision in this current situation so it will be a huge opportunity to invest and get the profit in very quick time so if you had some less investment you can definitely do it now.

[TriplexXx]

Hi,
LTC seems to be doing alright, lately. Especially against BTC. It's going up on a steady pace.
I was looking at the coingecko graph and I notice that the trading volume looks very solid, lately, and it seems to go upwards. (Not sure btw where coingecko gets its info from).

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

Two questions.

a) Why is Litcoin doing so well of late?

b) How can we explain that solid trading volume?

thanks

The Litecoin was doing well because the Litecoin Foundation are into serious promotions (UFC227, UFC229, and Racing Cars). The Litecoin Foundation are not joking this time around. they are investing heavily on LTC promotions. they are trying to keep off with the trend and it is clearly working for them.

[novaprime]

LTC has impressive growth, it surpassed the price before the November panic sell.

LTC has increased by more than 100% and this is what makes me most interested in this coin. Although it did not have any price increases last year, this year LTC showed a very good return and many pumps are operating in this coin. I think maybe in April the price of LTC can reach $ 150 and let's wait for what will happen to this coin.

[EscrowService28]

Hi,
LTC seems to be doing alright, lately. Especially against BTC. It's going up on a steady pace.

I was looking at the coingecko graph and I notice that the trading volume looks very solid, lately, and it seems to go upwards. (Not sure btw where coingecko gets its info from).



Two questions.

a) Why is Litcoin doing so well of late?

b) How can we explain that solid trading volume?

thanks

I am still not quite sure if it will level up to Bitcoin's. but as long as the developer will continue what is on the platform, the prices will eventually rise.

[John46285]

I think it is a very good thing for ltc, I really don't know reasons for the price spike but good to see the pairs lively and making good profits for its investors. I wish I made some investment on ltc, would have been smiling

I also don’t know exactly about the reason for the price increasements. But it was really very amazing spike for ltc. I've earned big amount of profits.     

[Siren]

Almost hitting $100 yesterday this means litecoin is now into.moving up situation as we also know how hard this coin experienced from the bear market of 2018 in which from rank number 3 falls down to rank number 8-9 things that very frustrating for the litecoib supporters so i think investing in this coin is appropriate to do now compared to the past struggles

[passwordnow]

The very reason that triggers the price of Litecoin because of the upcoming halving on August. And it's just around 122 days before that event which means rewards will be decrease into lower that will make the demand higher.

https://www.litecoinblockhalf.com/

https://dapplife.com/litecoin-ltc-surges-as-augusts-block-reward-halving-approaches/

https://www.forbes.com/sites/cbovaird/2019/04/05/litecoin-has-climbed-more-than-200-this-year/

https://blockmanity.com/news/litecoin/litecoin-ltc-hashrate-close-to-all-time-high-ltc-crosses-80-for-the-first-time-after-november-2018/

[Chachacoin17]

Hi,
LTC seems to be doing alright, lately. Especially against BTC. It's going up on a steady pace.

I was looking at the coingecko graph and I notice that the trading volume looks very solid, lately, and it seems to go upwards. (Not sure btw where coingecko gets its info from).



Two questions.

a) Why is Litcoin doing so well of late?

b) How can we explain that solid trading volume?

thanks

I am still not quite sure if it will level up to Bitcoin's. but as long as the developer will continue what is on the platform, the prices will eventually rise.

Indeed, the price will have a great future once ltc community will always be visble to other people who choose this type of coin investments. Development is the key to success of every crypto regardless of adoption, because of hesitation these days due to market bearish effect. Fortunately, it doesn't stop us from facing challenges even though it's hard enough to pursue that plans while observing struggles behind.

[Idoe]

The movement of the LTC is good and this is a long journey that hasn't ended yet, we will still see that the LTC will grow well and continue to keep up with the current. A good opportunity to be utilized or is it still holding back to be even higher? Do it according to your heart's content for the future.

[Dragonrage201]

LTC block reward halving is due in August so it is going to stay bullish going in that. It is great coin to buy and hold.

[PurpleDog]

I have the feeling that it won't be very long before it reaches the 0,02 BTC. Being so bullish and catching on earlier than the rest of the market, and with enough space till the halving, I wonder whether it won't reach a new all time high against BTC (like surpassing the 0,023).

[Yaunfitda]

Still in the $85/$89's, still very bullish.

As others have pointed out, there is a block halving schedule, so this might be the start of the bullish trend leading to the day of the event.

Also the market has somewhat recovered when bitcoin suddenly spike in the last 5 days or so bringing all other top 10 coins as well. So let's see where this ride will go, we are still very far from it's last all time high, but we are making gains now, so just continue to HODL.

[iqlimasyadiqa]

The price of LTC is not in a good condition at this time. But I still believe because LTC has such a large user base. the development of LTC is important and deserves priority. we will see changes in LTC prices throughout 2019. This is a part of the coin that developed since the beginning and even the LTC had reached the highest peak with rates that prices were so good.

[coco23]

It has been one of the most bullish big coins lately and still continues this way. It has reached the 0,017 BTC and has a good potential to go even higher.

I am really surprised how well LTC keeps it up! 2 years ago I thought this coins would slowly die and disappear but it seems it is stronger than ever! It is a demonstration that not only technology but also the community and the brand counts a lot in the crypto world!

[Oceat]

I have the feeling that it won't be very long before it reaches the 0,02 BTC. Being so bullish and catching on earlier than the rest of the market, and with enough space till the halving, I wonder whether it won't reach a new all time high against BTC (like surpassing the 0,023).

I believe this is due to the growth of Bitcoin recently and if Bitcoin continues to grow more then we will see more altcoins going to grow in the future. As of now we see some greenish in the market and this is a good sign that we are almost in a bullish market.

[btc78]

Yeah and until now it continues to go up,no wonder this is the recovery that has been speculated for long tims after litecoin lost its popularity and support from investors since the dumping year of 2018 .and i am lucky enough that u manage to accumulate  this former top 3 coins from the deepest price,and now i can feel my profit fron trusting this coin

[wongdeso]

Yes, LTC does have a good move so that its value can make people find profits. We can hold it for the long term and we will wait in August, surely we have more value and decent profits.

[givary]

LTC is a very good coin and up to now, the value has gone up. I personally profit from LTC trading. I hope prices will continue to rise because the price of Bitcoin is also heating up. The market now looks excited because all the coins are green.

[radjie]

It has been one of the most bullish big coins lately and still continues this way. It has reached the 0,017 BTC and has a good potential to go even higher.

I am really surprised how well LTC keeps it up! 2 years ago I thought this coins would slowly die and disappear but it seems it is stronger than ever! It is a demonstration that not only technology but also the community and the brand counts a lot in the crypto world!

they have a strong team that continues to be developed, I also think so in the last 2 years Litecoin price movements have not experienced a sharp increase but a few years back this type of coin is quite stable and often decreases. but this year Litecoin price movements experienced extraordinary things, experienced very high increases and price movements did not follow the number 1 coin increase (Bitcoin)

[disconnectme]

I am not surprise about the performance of Litecoin, the halving even in coming around June?July this year and I expect people to start pricing the halving event into the price, in short term I expect it to outperform most of the big cap coins in short term