Is Litecoin Ready for a Major Breakout?

[Sayeds56]

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

[HerbertMarcel]

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.

[wheelz1200]

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

[Sayeds56]

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.

[Hobo66]

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

[PIMPdev]

 sure litecoin ready  for major outbreak but break down

[zerogrown]

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 volume is actually pretty good considering the overtaken of the ranking. Its still a decent investment for me same as XRP.

[konflikkastil]

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.

[coin-investor]

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 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.

[PIMPdev]

haha yes specially when it is back to $170

[nebuch]

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://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.

[Sayeds56]

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 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.

[motun01]

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

[lixer]

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.

[LUCKMCFLY]

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:

“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.

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

[gaston castano]

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.

[Ararbermas]

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.

[Sayeds56]

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:

“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.

Source: 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..

[Godwinpaul]

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.

[Sayeds56]

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