No positive sign in LTC

[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.