No positive sign in LTC

[Little Mouse]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

[1715186373]

1715186373

[Josefjix]

The paradigm shift is mostly not on LTC currently, everyone is  concentrated on bitcoin and few altcoins that could be generating instant ROI, demand for litcoin would be another theory that is playing a reversal trend in price comparing to how other coins are sailing smoothly.

[bitmover]

Nobody really know. But I can share my theory.
People are slowing understanding that bitcoin clones will not last long.

Litecoin may be an interesting clone (fast blocks, fast confirmations... the digital silver, not trying to scam anyone like bch)
,  but Charlie Lee sold all his ltc stash in 2017.
If the litecoin founder doesn't really believe in the project , why should anyone?

https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

[tabas]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

I don't have theory on it but it got a pump first before most of the cryptos went up. And just as what we see with the market lately, they're done with the pumps and it had to correct.
But after this correction, we'll see them again pumping one each other but no one knows if LTC will be the first one.

[coinswebid]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

nothing happend with litecoin
and no need a complicated theory behind this my friend, because not all top altcoins will make a significant movements now,
you only need to be patience, because when the time coming, i believe litecoin price will spike up

[ene1980]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

You need to blame Charlie Lee for that, he was public when he dumped all his coins when the price of Litcoin rallied last time and if you expect others to trust the development and invest heavily you need to have balls of steel  . I am just happy to see that the price rallied when the rest of the market rallied even though the rise was not that sharp but for a coin which went below below $40 in the last correction it is a decent rally.

[Xardasim]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

I think so, there is no need to look for a reason behind LTC decrease. Only the BTC increase affected it a little bit, and is now falling as it has increased. Being the oldest and reliable makes it valuable. Other than that, I cannot see any improvements. However, I am never tired of using it anyway.  

[coinporch]

few days ago the price increasing and now maybe a corrections coming
so, you need to wait with patience, if you want to get more profit by holding lintecoin, but if you still believe with this alt my friend

[goaldigger]

New projects are taken over LTC and since there’s no update with LTC, they didn’t pump that much and instead, investors are coming to those hot projects out in the market. LTC was once of my favorite coin to buy but since it is not active anymore, I have to switch to another project with a great potential same with LTC, and guess what new projects are more active and many established coins/tokens are now more profitable compare to LTC. Its hard to know why, but the price trend says it all.

[magneto]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

It doesn't take a genius to figure out that LTC is no longer a very in-demand coin.

Its selling point used to be that it has faster confirmation times and more coins in circulation - which means that the units of accounts are much easier to deal with.

But now, with ETH and other coins that are far better developed, have far better community support and a lot more hype, LTC has sort of lost the only competitive edge it ever had.

So essentially, its identity is stuck in limbo. It's doesn't have the first-mover advantage that makes it a long term store of value like BTC, nor does it have the innovative elements of newer alts with fancy smart contracts.

That's why it's hard for traders to hype this coin up. Even in a bubble, for a coin to pump substantially, there needs to be significant merit to back up the narrative, which is what is lacking from LTC right now.

[Ayiranorea]

It looks like OP has got some amount of litecoin in the wallet, and that's the reason why he's thinking much about the growth. Litecoin has grown good, and there is no sudden drop or growth. Everything happened following the goodness of the market. So, with such cryptocurrencies it is good to take litecoin out of the market at the right time than waiting long.

[ultrloa]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

I don't see any hype created to LTC recently so if there's no something like that it cannot create a good demand that's why we can't see some good movement from it recently also I never see so much talk about it on social media groups so maybe LTC is so outdated and holders need to do something to create some noise if they want LTC to pump up.

[wheelz1200]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

Aot of money is going into defi and some other flashy fad type coins.  Once the dust settles most of them will be gone or turned scam and there will be litecoin still chugging along.  Its a safer play and most alt buyers want insta profits. 

[bbc.reporter]

The paradigm shift is mostly not on LTC currently, everyone is  concentrated on bitcoin and few altcoins that could be generating instant ROI, demand for litcoin would be another theory that is playing a reversal trend in price comparing to how other coins are sailing smoothly.

All growth of speculation in altcoins are presently going to Defi. Many of these Defi are rugpull scams, however, Defi as a concept, similar to the ICO as a concept, will have a postive future in the cryptospace, I reckon.

[blue_nexus15]

The controversial assumption is that there are many variations in the trend of this year's altcoin image, you can look at DOT, LINk, UNi.  It is possible that things have evolved either because part of the altcoin created a new trend that caused LTC's value to reverse, or because new citizens in the market were following the movement's crowds.  Will LTC stop growing?  LTC's market cap has continued to decline without the surge in pumps.  Users have left anonymity for new trends!

[In the silence]

LTC might have been affected by the DeFi hype. Almost half of the money circulates to btc and the other half in DeFi so its hard for traditional crypto like LTC to compete with futuristic contracts.

I lost my trust to LTC when charlie made a mistake. But LTC is still one of my favorite coin.

[takngantuk]

Nobody really know. But I can share my theory.
People are slowing understanding that bitcoin clones will not last long.

Litecoin may be an interesting clone (fast blocks, fast confirmations... the digital silver, not trying to scam anyone like bch)
,  but Charlie Lee sold all his ltc stash in 2017.
If the litecoin founder doesn't really believe in the project , why should anyone?

https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

Yes, this is also one of the reasons why Litecoin is not in high demand. but despite all that there will be times when Litecoin goes up. And recently I heard about a flare network held an airdrop for ltc holders. although an official date has not been announced, this could be a reason for future increases.

[masterrex]

Nobody really know. But I can share my theory.
People are slowing understanding that bitcoin clones will not last long.

Litecoin may be an interesting clone (fast blocks, fast confirmations... the digital silver, not trying to scam anyone like bch)
,  but Charlie Lee sold all his ltc stash in 2017.
If the litecoin founder doesn't really believe in the project , why should anyone?

https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

Is this true?, so what was the remaining interest of the founder of Litecoin Charlie Lee in the platform if he has no LTC coin left in his pocket, It doesn't make sense to me it will send a wrong signal to the Litecoin users and investors by the way I'm just asking because it was catching my interest.

[youdacapt]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

Litecoin did over 100% growth; and as an investor i say this is a positive sign; litecoin has gone from 40$-60$ per 1 litecoin range and now trades around 130$ per 1 litecoin; litecoin growths has been organic and swift too, no sudden pumps or hypes. And it is equally bullish long term. Soon we would litecoin towards 200$ once again as bitcoin succeeds the support level

[killerfrost]

LTC might have been affected by the DeFi hype. Almost half of the money circulates to btc and the other half in DeFi do its hard for traditional crypto like LTC to compete with futuristic contracts.

I lost my trust to LTC when charlie made a mistake. But LTC is still one of my favorite coin.

I'm different from friends I started accumulating my own LTC since it was $50, and I still keep them right now, more precisely, I don't have any plans to recover money from LTC because I define it is a long investment that can take up to a year or more depending on the market situation. The reason why I made this decision, actually I have a different view of the market from many people when people are attracted to trends that increase assets quickly, but I see one thing is wrong. When this market goes into an uptrend, the coins that are used a lot will have more upside. So LTC is a great choice, since pairs trading with it on exchanges are so many and varied with altcoins, trust me this is repeated.

[kotajikikox]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

Actually i am very disappointed because i really believe that LTC will break 200 again , But i am still lucky as i have decided to sell out all my LTC when the price fell down at 167$ and transfer the funds in Cardano .
Now i am Holding ADA and planning to transfer again to Polkadots .

Litecoin is really depending in Bitcoin that sucks my believe on this one now, and may not invest on this again.

[Severine]

There could be many reasons like 75% SegWit usage, or weak demand from its users.

[rodskee]

Nobody really know. But I can share my theory.
People are slowing understanding that bitcoin clones will not last long.

Good explanation in this part , maybe there are still many people that has being lured to trust Clones from Bitcoin but the reality speaks for itself that clones will remain clones and original will be the trusted .
Maybe when time comes that all the Bitcoin has already mined then clones like LTC will have His own supporter and investors.

,  but Charlie Lee sold all his ltc stash in 2017.
If the litecoin founder doesn't really believe in the project , why should anyone?

Exactly,this is the Reason why LTC fell from the top to down below because of this selling happens in 2017 and even what  Lee is facing that time if he really believes in LTC he will never sell this .

[Shasha80]

Don't worry too much about LTC price movements, because now many investors are more focused on Bitcoin. So it is very natural that not many
investors are interested in investing in LTC, but if the Bitcoin price starts to stabilize. I'm sure many Bitcoin holders will buy LTC, so if you are LTC
holders just be patient, the price of LTC will definitely go up.

Moreover, the current LTC's performance is not too bad, because when compared to last year's LTC price with this year's LTC price. So the higher
LTC prices this year, this has proven that LTC prices also go up like other altcoins. Although maybe the increase in LTC is not as high as other altcoins.

[Jating]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

Probably it has reach the top already and could be in the overbought zone that's why the price suddenly goes down after the pump. And then we have other coins in the top 10 as well moving very good, so there might be shift in the investors mind to abandon LTC temporarily and move where the money is.

However, I'm not yet sold though, maybe we can see another pump in the next 3 months. There are many players in the altcoin market and it make sense for LTC to be pump again, just saying.

[danherbias07]

Look at what is being pumped.
That is all the reason I can think of when an altcoin is dumped.
They are switching for something new with a higher expectation of profits.
If you could pinpoint what that coin is then you could also ride the wave. That's the hard part though. It could be anything.

[Maslate]

Does it really have to follow the movement of bitcoin?

I think the bull run is not for all major altcoins, it's quite different this time, only few got a bull run and ETH was benefited on that.
However, that doesn't mean that LTC will not progress, it will in the long run as this is a legit coin with great development from its team.

You need to be patient, sometimes altcoins have their own run which is the altcoins season, and bitcoin might not be catching up on that.

[longyenthanh]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

I have not noticed that anything unusual has happened to the LTC price. BTC, ETH and LTC have pumps and corrections afterwards. Sometimes they are bigger sometimes smaller. In my opinion, all of them are still in an uptrend, and sometimes just some of them have a larger correction, while others have a smaller correction. Thats all.

[ethereumhunter]

I think litecoin is waiting for the right time to lift the price and get more investors. It is not easy to invite more investors in these situations as the crypto market is still trying to rise again. I still believe that litecoin can increase back and break the higher price, but we need to be patient and not rush into unpredictable situations. Maybe it is because the investor attention is at the DeFi, so they still busy making a profit from any DeFi projects, and if the DeFi trend is almost gone, the investor will be back to the altcoin or litecoin. Just be patient.

[Mahdirakib]

Despite of being not that high during the bull trend, LTC did its best and I think the current situation is just a part of market correction and later on, will rise again if we hear the good news. This is a normal scenario of the Market, LTC is still the top altcoins and that makes it more special. If you want to hold more then so be it, just know when you have to sell your holdings.

Litecoin price haven't moved with other altcoins. Ltc price rally happened earlier with bitcion. So I also think same like you, current situation of ltc price is just a correction, nothing to worry about it. And I believe ltc will get it's turn again soon. All other top alts price haven't increased together. In recent case, most of the alts price have increased individually. ETH, DOT, ADA, LINK each coin price increased significantly at different time. Therefore, we might see the ltc trend soon while this correction will be over.

[Joyawan13]

I think litecoin is waiting for the right time to lift the price and get more investors. It is not easy to invite more investors in these situations as the crypto market is still trying to rise again. I still believe that litecoin can increase back and break the higher price, but we need to be patient and not rush into unpredictable situations. Maybe it is because the investor attention is at the DeFi, so they still busy making a profit from any DeFi projects, and if the DeFi trend is almost gone, the investor will be back to the altcoin or litecoin. Just be patient.

I also think like that, it is not impossible that LTC will not be able to raise its price at a higher price, indeed all of that takes time and process, of course, and we must not be too late to buy and invest in it, because LTC can suddenly increase its price again. as happened to Ethereum, because anything will happen, and do not be sorry because we did not buy at the current price, and befor coin LTC will go up again with a higher price.

[Flowzer]

Nobody really know. But I can share my theory.
People are slowing understanding that bitcoin clones will not last long.

Litecoin may be an interesting clone (fast blocks, fast confirmations... the digital silver, not trying to scam anyone like bch)
,  but Charlie Lee sold all his ltc stash in 2017.
If the litecoin founder doesn't really believe in the project , why should anyone?

https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

I agree with this theory, also Litecoin didnt have any promising upcoming event.
Its more interesting for investor to invest to a fresh project which have good vision or any top coin which still have development progress.

[Myleschetty]

It just a normal market procedure, because we're dealing with speculated market and the institution, are the most investors in the market, LTC is among the coin listed on Paypal, and it also among high manipulated altcoin for years.

[Reid]

I invested with LTC just recently and all I can say is I might have bought it at the wrong time.
Maybe if I have just done it a bit earlier before most of the top coins are pumped.
I have no idea about the reasons behind the recent dip but I bet it also relies on how Bitcoin moves.

Ethereum and Bitcoin are gaining again, maybe it will also be dragged into it while it moves up.

[Quidat]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

I did make some search but i do failed to see on those connected informations about Litecoin or some sort of update or news but i cant find one.
Answering off based of on experience or how this market behaves then no one can really tell on whats happening behind the curtains.Not all the times
on where a coin we do believe to pump would really go as we expected or anticipate.We might see bitcoins or other altcoin is heading upwards
but doesnt mean that some coins would do the same.There would be always would be going into the opposite side and the reason?
Its just that common sell-off to those who had bought cheap ltc and then when it comes a certain price point then selling would be the next action.

[semobo]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

LTC is more or less similar to BTC with fast confirmation and less fee but this will be nullified when the prices increased so people are not interested much in this coin but still a good long term coin can produce decent ROI. New shit coins keep emerging every day so the total marketcap of crypto market is getting diversified so we can't expect every coin to break their altcoin when bitcoin is doing.

Even ethereum was at the halfway stage but suddenly it broke its last ATH in all of a sudden which could happen with litecoin as well at any time.

[Smitty Werben Man Jensen]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

Ethereum and Litecoin are the top altcoins that have been recovering in recent times, especially with Ethereum reaching a new all time high, Litecoin will follow,
Litecoin has been in the crypto world for a long time, and is very consistent with what they are developing, and it has a very good impact on the price. ,
Litecoin price always experiences a stable bullish and bearish cycle, this makes investors interested in buying at the bottom, don't forget if the correction is time to buy LTC, there is no theory to explain, only about the cycle, you have to be patient if you want to see LTC go to the moon

[ethereumhunter]

I think litecoin is waiting for the right time to lift the price and get more investors. It is not easy to invite more investors in these situations as the crypto market is still trying to rise again. I still believe that litecoin can increase back and break the higher price, but we need to be patient and not rush into unpredictable situations. Maybe it is because the investor attention is at the DeFi, so they still busy making a profit from any DeFi projects, and if the DeFi trend is almost gone, the investor will be back to the altcoin or litecoin. Just be patient.

I also think like that, it is not impossible that LTC will not be able to raise its price at a higher price, indeed all of that takes time and process, of course, and we must not be too late to buy and invest in it, because LTC can suddenly increase its price again. as happened to Ethereum, because anything will happen, and do not be sorry because we did not buy at the current price, and befor coin LTC will go up again with a higher price.

After what happens to dogecoin, I think litecoin will have time to follow increase. But as you said, it needs time and we need to be patient while we can prepare our litecoin (if we have) and set the price we want. While ethereum now seems to want to increase again because I see the trend is back increasing, it can hopefully trigger the altcoin to have the altcoin season. Sooner or later, the litecoin will have time to rise higher.

[Little Mouse]

,  but Charlie Lee sold all his ltc stash in 2017.
If the litecoin founder doesn't really believe in the project , why should anyone?

Stupid move from him but it also makes sense that he is still working on the project and MimbleWimble is on the testnet phase. May be soon the mainnet will be launched. Why would he be interesting to develop the project?
I have invested a good sum on LTC but it sucks. I wish I had all in Dogecoin.

[jaberwock]

Does it really have to follow the movement of bitcoin?

I think the bull run is not for all major altcoins, it's quite different this time, only few got a bull run and ETH was benefited on that.
However, that doesn't mean that LTC will not progress, it will in the long run as this is a legit coin with great development from its team.

You need to be patient, sometimes altcoins have their own run which is the altcoins season, and bitcoin might not be catching up on that.

That individual bull run is something unique for this time and thats why people are a bit confused. There are still plenty of coins that move together, bitcoin goes up and others go up with it, but this time around there are a lot of coins that do not follow bitcoins movements. Sometimes you look at bitcoin going up and litecoin stays the same, sometimes you look at ethereum skyrocketing while xrp stays same for legal problems, sometimes USDT is scared to fall while wave increases 40x bigger same year.

Basically this is not top 100 go up together and go down together anymore, for nearly 10 years it was like that and that was the reason people invested into any coin they want with ease knowing that they would make profit if other coins were going up too, so picking the right coin wasn't really the most important part of investing, nowadays that is very crucial as well.

[ene1980]

thats not a big issue my friend, because vene there is no positive sign but this coin still become the TOP 10 coins at cmc,
and thats enough reason for me to hold this coin

If you idea is to hold LTC simply because it is listed in the to of rankings then it is your choice, mostly everyone is looking for coins that had a potential to explode when the bull market starts and LTC does rally during those period but you cannot expect a huge rally like the rest of the coins in the market, this is nothing new and it is how it performs in the past rallies as well.

[wxa7115]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

There is no need to put an elaborate theory out there, litecoin is one of the oldest coins in the market and that means that it does not have hype on its side and when we also consider that for the most part it is a copy of bitcoin then there is not much to be excited about the coin in terms of development and new features so it makes sense that litecoin does not move as much as it did years before.

Now people are way more excited about new projects specifically DeFi coins which are exactly what we need as it seems regulations are going to once again try to slow down this market and we need DeFi projects to help us get around many of those regulations.

[manok jepang]

Litecoin is a coin that has been active in the crypto market for a very long time, actually this coin has the good potential to invest in, but unfortunately LTC is outdone by new coins that are more attractive and promising, even though Litecoin is already listed on several well-known exchanges, in my opinion.  It is duty of the development of team to restore the confidence of investors, and the public to invest in LTC,

[Congyang]

LTC seems to be left out for now, investors are still focused on bitcoin and ethereum. LTC still has good potential and the current price is very easy for LTC to experience pump. but I think LTC just needs time for that

[sgenuine]

LTC had a small bullish movement with BTC being bullisj but after reaching $180 or close, it’s moving in the reversal way. Almost all the coins had good pump, but what's wrong with LTC? It has not risen, despite price has been decreased. Can someone put a theory behind this?

Litecoin did over 100% growth; and as an investor i say this is a positive sign; litecoin has gone from 40$-60$ per 1 litecoin range and now trades around 130$ per 1 litecoin; litecoin growths has been organic and swift too, no sudden pumps or hypes. And it is equally bullish long term. Soon we would litecoin towards 200$ once again as bitcoin succeeds the support level

See how Bitcoin behaves. Slowly drops to just below $ 30,000 and immediately pays off. Litecoin is everywhere following BTC and I don't think it can't go even lower. If I'm not mistaken, LTC hasn't dropped below $ 120 lately. Therefore, do not rush to draw conclusions.

[onecall123]

I guess there will be no argument that litecoin is undervalued coin right now and it's also true gradually losing it's position. Litecoin is now 8th position according to Coinmarketcap, however it was quite good position just couple of weeks ago. Seems like investors losing their interest over LTC but who knows the tomorrow since in crpto market things changed so rapidly.

[longyenthanh]

I guess there will be no argument that litecoin is undervalued coin right now and it's also true gradually losing it's position. Litecoin is now 8th position according to Coinmarketcap, however it was quite good position just couple of weeks ago. Seems like investors losing their interest over LTC but who knows the tomorrow since in crpto market things changed so rapidly.

I agree that the situation is as if Litecoin is losing its position. However, in the entire cryptocurrency market, we see signs that alts are starting to recover from the post-2017 crash. We can see that altcoins are skyrocketing up one at a time, not all together. I think that the time for the Litecoin pump will come and it may happen soon.

[stifler_matricker]

Could be the next pump...don't forget VISA is in adopting process to allow buying & convert cryptos - LTC, xrp will be for sure in optional converting currency.
Same effect than paypal announcement