LTC or TRX? to have most potential from here (15/05/2021)

[thegoatiest]

Hi, so about LTC.
It's been an underperformer this bull run. It's BTC pairing has not performed as well as other top Alts. It's dropped out of the top 10 to #12

TRX - also an underperformer. It's BTC pairing hasn't even hit it's 2020 high, let alone 2019.
Meanwhile ADA/BTC and ETH/BTC are up at their 2018 levels.

Both TRX+LTC had a golden cross on the daily (50 crossing 200) within the last few weeks.
TRX has daily resistance according to my TA at *255sats, but it has been trying to break this resistance for 40 days and hasn't rejected very hard yet which seems bullish.

----
Personally LTC seems a bit redundant... it doesn't have much love it seems to me.
Which would you invest in out of the two at current prices?
Thanks

[Sirait]

^ TRX is more potential in my opinion, ATH TRX is around $ 0.3 and until now it hasn't been able to get back that price, the long term TRX will definitely reach its ATH. while LTC is growing very slowly, I don't see much potential in LTC.

[coco23]

LTC will continue to drop against other cryptos in my opinion. Doge has "flipped" LTC and is now the major "lite-bitcoin" (pretty much the same as BTC but different hashing algorithm, higher supply and faster transactions)

[noorammak]

TRX has more upside potential as it hasn't surpassed its ATH yet. TRX is a blockchain with many DEFI, NFT applications and it is being chosen by Tether to print USDT.
This project has the potential to be more profitable than LTC.

[Pierre 2]

I also believe TRON has greater potential as many others already stated. Litecoin's power comes from its originality, or its being one of the oldest known coins which succesfully survived. On the other hand there is Tron which is constantly getting developed so its far better in functionality but far unstable. It is your own choice mate.

[TimeTeller]

TRX has more upside potential as it hasn't surpassed its ATH yet. TRX is a blockchain with many DEFI, NFT applications and it is being chosen by Tether to print USDT.
This project has the potential to be more profitable than LTC.

First, why is the title thread not in english?

But lately, I am using TRX for transfer purposes because of its cheap fees.
So will be choosing TRX over LTC at the moment.
Aside from that, as you mentioned, they have different applications already.
No wonder Tether chose them as they really have very minimal fees even using the USDT - TRC20 network.
With LTC, I am not really familiar with their applications or current developments, other than the fact that it is an old alt.

[thegoatiest]

  I don't know why it isn't in English, but only your replies title is in another language.
yeah i went with TRX

[bhadz]

Which would you invest in out of the two at current prices?
Thanks

LTC.
TRX is cheap and can really go as high as you can imagine but I don't think that there's more to it. I've got more confidence in LTC but I understand those people that also got confidence in TRX. It's just that I like LTC more than TRX.

[grabpopcorn536]

When looking at the explosion of DEFI, NFT, and Tether backing, TRX deserves to be a strong contender against other cryptocurrencies on the market cap.
During this bull run, TRX still has not had a spike in value and has not been able to surpass its ATH.
LTC alone has risen too high and has reached a new ATH this year, so the upside potential of LTC is not high.

[LUCKMCFLY]

At the moment LTC is in some uncertainty, because for now it is known that BTC is in a slight volatility, some are very bearish, and LTC is one of the currencies that faster respond to the market when there are important movements, however this analysis sees other things:

Litecoin met with stiff resistance around $188.6 and some sideways movement was possible with support at $164.36. The aforementioned region also clashed with the 20-SMA (red) which bolstered the zone’s defense. A fallback to $121.45 was possible under severe bearish conditions. Levels to topple in a bullish outcome rested around $216. The channel between $266.35 and $295 was more of a mid-term target but an important one as it coincided with the 200-SMA (green).

Source: https://ambcrypto.com/polkadot-litecoin-chainlink-price-analysis-25-may/

I know the bulls are making a lot of effort to keep LTC at a price that is respectable, and that is attractive to investors, but the major variant is still BTC, if BTC does well then LTC does too, it will be a direct consequence of their movements.

[leea-1334]

I know the bulls are making a lot of effort to keep LTC at a price that is respectable, and that is attractive to investors, but the major variant is still BTC, if BTC does well then LTC does too, it will be a direct consequence of their movements.

I am personally quite happy for LTC. Held to it from the last ATH, and saw a new one this year which I guess Charlie Lee kept his promise of sticking around to develop Litecoin at least until it reached the old ATH (which it did).

Still attractive I think, and still like you say, for as long as BTC maintains.

[btcsmlcmnr]

Litecoin that is one of oldest and biggest altcoins. It is the best one on the market, and only Bitcoin then Ethereum can stay higher than Litecoin.

Look the total hashrates on Litecoin network. I am not obsessed with hashrates but Litecoin indeed has a healthy network. This network will have upgrade to increase its privacy. When it is finished and released, you can imagine how the market will react.

[WalkerIVIV]

I will prefer TRX over LTC. LTC lack of usability compared with TRX. TRX has so many defi already connected with the TRX chain and even USDT already used TRX chain to get the cheapest transaction fees for its users.
TRON already launched TRC721 and that will also help tron chain to be adopted by the NFT develpers.

[LUCKMCFLY]

I know the bulls are making a lot of effort to keep LTC at a price that is respectable, and that is attractive to investors, but the major variant is still BTC, if BTC does well then LTC does too, it will be a direct consequence of their movements.

I am personally quite happy for LTC. Held to it from the last ATH, and saw a new one this year which I guess Charlie Lee kept his promise of sticking around to develop Litecoin at least until it reached the old ATH (which it did).

Still attractive I think, and still like you say, for as long as BTC maintains.

Of course, what happens is that from my own experience I try not to love any currency, my only love has always been BTC, so I see the alts as potential for market speculation and as an investment, LTC also like TRX has Many advantages for now over the fees of many of the big ones like BTC and ETH, but however they are currencies that depend directly on the movement of BTC. Everything is great when BTC is high, or somewhat sideways, and it is even better when you have confirmation that BTC is bullish, because all the Alts start to turn in the same direction.

[ven7net]

Hi, so about LTC.
It's been an underperformer this bull run. It's BTC pairing has not performed as well as other top Alts. It's dropped out of the top 10 to #12

TRX - also an underperformer. It's BTC pairing hasn't even hit it's 2020 high, let alone 2019.
Meanwhile ADA/BTC and ETH/BTC are up at their 2018 levels.

Both TRX+LTC had a golden cross on the daily (50 crossing 200) within the last few weeks.
TRX has daily resistance according to my TA at *255sats, but it has been trying to break this resistance for 40 days and hasn't rejected very hard yet which seems bullish.

----
Personally LTC seems a bit redundant... it doesn't have much love it seems to me.
Which would you invest in out of the two at current prices?
Thanks

Earlier, I worked and used only ETH. But after the commission prices rose on the Ethereum network, I began to look for an alternative and found it in LTC. Almost always, I transferred funds to LTC and stored exactly LTC. But LTC also became hard to work in the process of using and I had to wait for a long time until the necessary power lines in the network passed, then I partially started using TRX. Now I use both ETH and LTC and TRX, but most of all I still use TRX as it now has fast transactions and low commissions. As for the growth of these cryptocurrencies, then both LTC and TRX really could not show sufficient growth, but I still teach that they will be able to show good growth towards the end of 2021. Based on this, I continue to use all the listed cryptocurrencies above, but at the moment I still give the advantages to TRX. Perhaps my opinion will change further.

[Mahdirakib]

I will prefer TRX over LTC. LTC lack of usability compared with TRX. TRX has so many defi already connected with the TRX chain and even USDT already used TRX chain to get the cheapest transaction fees for its users.
TRON already launched TRC721 and that will also help tron chain to be adopted by the NFT develpers.

Despite having these advantages TRX price couldn't overcome it's previous ATH. But at current situation TRX have higher potential to increase in percentage than LTC. Though we can't disregard LTC. It has more popularity as an old crypto. I have LTC in my crypto portfolio since so long and I have also added TRX in my portfolio in last year. Still I try to accumulate both of these coins whenever I get some opportunity.

[7788bitcoin]

I have not given much of a thought between Litecoin and TRX and if i am in a position to invest in one coin i would choose TRX over LTC simply because of its low valuation and then its chain is used by other cryptocurrencies as well and Litecoin had a good rally as far as i saw as it reached over $260 and it is not a bad valuation either consider how low the valuation was a few months ago.

[jorgesalcedo]

My choice would be TRX. TRX is currently used in many areas. Everyone prefers it, especially because of the low transfer fees. Litecoin didn't go beyond expectations. Tron will grow and surpass Litecoin from now on. I am confident in the potential of TRX.

[numanoid]

TRX obviously. Now you can research on top 20 coins which coin haven't reach their ATH yet, and 1 of them is TRX. You can also see how USDT performance right now, going up and leave other stable coins like USDC or BUSD, or DAI. Soon it will reach new ATH again

[leea-1334]

Of course, what happens is that from my own experience I try not to love any currency, my only love has always been BTC, so I see the alts as potential for market speculation and as an investment, LTC also like TRX has Many advantages for now over the fees of many of the big ones like BTC and ETH, but however they are currencies that depend directly on the movement of BTC. Everything is great when BTC is high, or somewhat sideways, and it is even better when you have confirmation that BTC is bullish, because all the Alts start to turn in the same direction.

I cannot really say I love any currency,,, probably I spent some love in the early days on mistaken alts that I honestly thought were good ideas with solid devs etc and they never returned my love. The faith and admiration of Bitcoin is what grows day by day,,, sometimes you have small doubts but in the end only Bitcoin says true to you, definitely agree with this:)