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Author Topic: Will Litecoin break it's all time high?  (Read 294 times)
daworm06 (OP)
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February 12, 2020, 10:20:07 PM
 #1

Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley
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February 12, 2020, 10:38:48 PM
 #2

No. LTC has no chance of even reaching its ATH once again after it was abandoned by its founder. It had a chance because it was an early Bitcoin fork which in a way linked it with Bitcoin, there weren't a lot of competing altcoins in teh space and it was actively promoted by Charlie Lee.

Now none of these three factors are in play and newcomers see BCH more as the best known Bitcoin fork. LTC is slowly becoming abandoned and forgotten.
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February 12, 2020, 10:47:49 PM
Last edit: February 12, 2020, 10:58:20 PM by Hippocrypto
 #3

Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley

I always hope and expect that there's a positive outcome for LTC to break in the next period, after Bitcoin hits the highest peak of bullrun price. My opinion was not just focus on LTC all alone, but also for the entire altcoins market. The potential is there already, we must embrace it according to its actual behavior, and despite of others comments I don't think so it will affect all holders because they know the exact movement of the market.
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February 12, 2020, 10:50:54 PM
 #4

Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley
The first thing that you must know if this should be on the speculation section.
The second thing that litecoin will not break its ATH again. The event of litecoin has already passed last year called litecoin halving and i don't think there will be another big event this year as the development of anonymous protocol for litecoin (mimble wimble) is getting a little bit difficult caused by it needs more money.
Triple-digit is really a difficult target to be achieved by litecoin. Litecoin needs to get triple value again to make it happen. This is not an easy thing.
The answer must be id i don't think litecoin will break another ATH again. People have no reason to buy litecoin as litecoin itself offers less advantage compared with another coin like tezos or elixxir that will come very soon.

This bullrun is much focused to the bitcoin and ethereum and the chart didn't even show if that brings massive demand for litecoin. The fundamental of litecoin is also weak compared with another coin like ethereum that will be getting its huge update (ETA 2021)

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February 12, 2020, 10:54:50 PM
 #5

Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley

It is hard to say. Other altcoins might be seen with the potential to break their because they are still being actively developed, but for LTC, the chances are very slim. It now seems to be more of a community coin, because it now relies more on prediction.
Also, there were a lot of factors that contributed to its ATH as at then, which I feel are no longer available. Although, I am not advising you to leave it. Investing in it can still help in increasing the value of your portfolio.
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February 12, 2020, 11:04:12 PM
 #6

$85 today and looking at the whole picture now, there's a chance that it can break that price. Let's all consider that we're running now into the bull run because of the rise that we're seeing lately and this validates it because they are following bitcoin's uptrend.

It has to multiply four times for us to see its all-time high and no argument needed because it's possible.

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February 12, 2020, 11:13:52 PM
 #7

It's certainly not out of the picture considering fundamentals and features tend to go out the window when bull runs like the one we had in 2017 happen, and I don't doubt that LTC could certainly break its previous ATH and make a new one. The coin being ranked so high up on most sites ranking cryptocurrencies by market cap also helps the coin gain more exposure and might attract newer investors if and when the next bull run happens, because people often seek investment in cheaper coins when Bitcoin's going up.
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February 12, 2020, 11:16:44 PM
 #8

So far we will see the movement of bitcoin and when bitcoin is able to break the ATH then it is also possible that many other cryptos below have the same opportunity, because we know that to reach ATH will not happen in a fast time, but whatever will happen later I personally still believe if LTC is able to break its ATH who knows, I'm just optimistic about it.

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February 12, 2020, 11:30:06 PM
 #9

No. LTC has no chance of even reaching its ATH once again after it was abandoned by its founder. It had a chance because it was an early Bitcoin fork which in a way linked it with Bitcoin, there weren't a lot of competing altcoins in teh space and it was actively promoted by Charlie Lee.

Now none of these three factors are in play and newcomers see BCH more as the best known Bitcoin fork. LTC is slowly becoming abandoned and forgotten.

That's not what the market depicts on the performance of Litecoin, so far it's gaining a lot, although I don't want the comparison between Bitcoin where its core developer was also left by its creator, they seem to perform better in the market in the past two weeks they are gaining a lot of momentum in the market and will continue to do so.

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February 12, 2020, 11:53:51 PM
 #10

No. LTC has no chance of even reaching its ATH once again after it was abandoned by its founder. It had a chance because it was an early Bitcoin fork which in a way linked it with Bitcoin, there weren't a lot of competing altcoins in teh space and it was actively promoted by Charlie Lee.

Now none of these three factors are in play and newcomers see BCH more as the best known Bitcoin fork. LTC is slowly becoming abandoned and forgotten.

That's not what the market depicts on the performance of Litecoin, so far it's gaining a lot, although I don't want the comparison between Bitcoin where its core developer was also left by its creator, they seem to perform better in the market in the past two weeks they are gaining a lot of momentum in the market and will continue to do so.
As we can see today, every cryptocurrencies in the market are really improving, especially bitcoin. I could say that we are now in the bull run that everything is turning green, so i assumed that litecoin will reach it's all time high, even it does not continue to develop or to improve it's coin and it's creator had abandoned it.
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February 13, 2020, 01:29:01 AM
 #11

No. LTC has no chance of even reaching its ATH once again after it was abandoned by its founder. It had a chance because it was an early Bitcoin fork which in a way linked it with Bitcoin, there weren't a lot of competing altcoins in teh space and it was actively promoted by Charlie Lee.

Now none of these three factors are in play and newcomers see BCH more as the best known Bitcoin fork. LTC is slowly becoming abandoned and forgotten.

That's not what the market depicts on the performance of Litecoin, so far it's gaining a lot, although I don't want the comparison between Bitcoin where its core developer was also left by its creator, they seem to perform better in the market in the past two weeks they are gaining a lot of momentum in the market and will continue to do so.

It was also gaining a lot in Summer 2019 and then fell. If you look closely LTC is still following BTC but it gains less as time passes. In Summer when BTC was trading for 10 thousand LTC went to 130 USD. NOW BTC is back above 10 thousand again but LTC only at 80 USD. It's not even managing to act in proportion to BTC anymore.

BTC was not left by its creator. We don't know what happened to Satoshi. It's possible he died.
LTC was simply abandoned and dumped on the market by its creator years ago 2 years ago. 
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February 13, 2020, 01:44:06 AM
 #12

So far we will see the movement of bitcoin and when bitcoin is able to break the ATH then it is also possible that many other cryptos below have the same opportunity, because we know that to reach ATH will not happen in a fast time, but whatever will happen later I personally still believe if LTC is able to break its ATH who knows, I'm just optimistic about it.
The value of LTC will continue to rise in the near future as people are currently very optimistic about this market. I think investing in this coin is a very good option for investors and it is quite possible to make a profit if you choose to hold long-term. I also currently hold Litecoin and will only sell when the coin reaches a new high price because the market this year is really good for everyone.
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February 13, 2020, 05:14:53 AM
 #13

Hopefully it will.
Despite being a clone of bitcoin it has so many supporters out there.
That includes me. Although, I am just really a buyer of it and just keeping it as a store of value.

In just two weeks, it already reach a $30 increase. Two weeks my friend!
It might also be pulled by bitcoin when more FOMO comes in before the halving.  Grin
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February 13, 2020, 05:33:41 AM
 #14

Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley
There is a big chance that it can break and will create a new ATH this coming bull run. The users and the investors are keep growing everyday so the chances is pretty high.

Last bull season the number of users and investors are not that great compare to this coming bull run so we can already picture out the result. New ATH will surely be recorded if the team behind LTC will continue to strengthen also their marketing plans.

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February 13, 2020, 05:45:40 AM
 #15

Last Bull run the top 10 coins did create a new all time high. If Bull run is back as it seems then you can expect the same with Litecoin. It all depends on Bitcoin reaching its old all time high. When will this happen is a mystery but it is possible and we just need to wait for it to happen.

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February 13, 2020, 06:25:52 AM
 #16

I think it will be difficult for Litecoin to be able to reach prices of $ 300 or more. the current price is still around $ 80 and the market cap is still around $ 5 billion. although the market is currently in a good trend and most likely the pump will continue to occur, maybe litecoin will only reach a maximum price of $ 150.
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February 13, 2020, 06:40:42 AM
 #17

Currently ethereum is heading towards $300 price range and many are jumping on the train after some signs of mooning was achieved earlier in January that's how cryptocurrency works. Fomo can cause a token to spike in price in matter of minutes and achieve new milestone you won't have believe such project can achieve, couple of days or weeks back.

Litecoin is a big beneficiary of bitcoin success therefore it should never be ruled out of the picture of achieving any new price high. Litecoin coin supply isn't that huge to hinder any upward thread of Litecoin. The bull market comes with many surprise and only those who were prepared can benefit from it.

Litecoin isn't an unknown alt so the possibility of it been one of the the big gainer during the forthcoming bull run is huge and it surpassing it's previous all time high might just be the tip of its success. I won't mind advising anyone with spare fund to get their hands on some Litecoin, now that it's cheap.

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February 13, 2020, 06:58:27 AM
 #18

I am still not sure this is the bull run that will go on to break many ATHs. So far so good,,, but it all depends (As usual) on BTC. One thing is almost for sure, that if btc makes 20k, then all the altcoins will take this signal and go for ATH records as well. Probably even higher than they were before. But BTC still at 10.5k so more to wait.

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.....I AM BLACKJACK.FUN.....
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butcherme
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February 13, 2020, 07:16:18 AM
 #19

No chance of reaching another ATH for LTC at the moment it is still far from half of it's ATH right now.
I don't think that it could even reach $300 on this bull run for me the highest that it could reach would be around $150-200.
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February 13, 2020, 07:19:46 AM
 #20

Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley

There is no bull run yet but if indeed there is a bull run this year, I am confident that LTC will have a new ATH again.
LTC is currently valued at $83 and a x5 increase from that price is not impossible, provided bitcoin will rise high and made a new ATH also.

so, if you believe that Bitcoin can reach a new ATH in the bull run, you should also believe that LTC will rise high.

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