LTCUSD: Why should we love Litecoin too? 😃

Hello my friends!

Why is Litecoin a good addition to Bitcoin? Litecoin has Lightning for instant transfer and Atomic Swaps for cross-blockchain trading. Litecoin is a pure cryptocurrency like Bitcoin. It was created based on the Bitcoin protocol. It has a low block time and low transaction fees. Litecoin is one of the most widely accepted cryptocurrencies, because of its speed and cost-effectiveness. 100% uptime. Around 67 million LTC have already been mined. The maximum is 84 million (year 2140).

It is interesting to see how the Litecoin price behaves before and after halving.

That's why I've included Litecoin's halvings in the chart. Of course, Litecoin is also dependent on Bitcoin dominance, but it always seems to behave like a cup with a handle. The halving is in nearthe middle in terms of time. It is also interesting that a first upward movement ends at 1,618 to then reach the halving top in the area 3,618/4,618. Accordingly, the halving top this time could be at around 2,500 USD, but at least at 1,000 USD imo.



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Let's see what happens.
Happy trading. :-)


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Comment:

nothing more to say. as... we re on track. :-) and catch the dips.

Comment:

target still intact. maybe a bit later than drawn in the chart. happy trading :-)

Comment:

time lag is stil active. target is still the same.