I can’t help think that due to the low low price of Litecoin vs Bitcoin and that the chart looks like a MASSIVE descending wedge, that it looks remarkably like Doge. And so there’s a chance Litecoin could go up way and break out that pattern on the Bitcoin chart. It would only need to be inherently connected to the Bitcoin network somehow perhaps. And of course Doge is literally merge mined with Doge. Many probably don’t know that. Imagine Ethereum not going up but all the ETH tokens going up. Obviously it’s not exactly the same since you don’t need ETH to use an Ethereum Tokens, but it’s still something to thing about. If LTC dies so does Doge, and I believe Doge will continue to do well with Elon’s connection. People will also want to mine Doge, and that means strengthening of the Litecoin network making it more valuable. I wouldn’t go so far as to say LTC will go as crazy as Doge did and go up as much as all that did, but it could still break out it’s huge triangle.
maranzando
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@eddawwww, i agree with you. LTC is dormant since years. it has not amazing bullish patterns, technically speaking, and good fundamental support (amazing number of transactions, addresses...). Grayscale LTCN is also doing great performance, which i hope will be reflected into LTC prices soon.