"Old coin", probably here to stay with Bitcoin Ether and Xrp Smma daily golden cross Support on the daily 200 smma
Support confirmed on the weekly 50 Smma
No reason to be bearish regarding this crypto asset for now, chart looks very very promising. Litecoin is currently testing its strongest resistance, the 110 level. Gonna be interesting to watch.
Stay tuned
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Ltc getting closer and closer to the sell the news exit. Very good trade for whoever bought the rumor.
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Ltc halvening is good and interesting for a several months trade. But, it is not Bitcoin. It will probably be massively dumped. Refer to the previous Ltc halving chart, it is a possibility.
No reason to be bearish, but seems like LTC has been leading the charge up. Wonder if there's more upside to other projects like ETH and BCH? Not to mention smaller caps.
Giovi6969
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@IkemenJ,
I am not into shitcoins at all, imo there is only Bitcoin, ltc, ether, xrp that worths it.
But afterall, the upside will probably be rewarding the major coins with high multiples possibilities/with their marketcap ,"going from 100 to 10000 is easier than from 5000 to 500000".
But regarding this multiples there is no guarantee, Bitcoin could outperform major alts for different reasons (trust/fiducia, rarity, popularity, goal of a mass psychological 1M$ barrier value to reach, ...)
fortunekr
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@Giorgioversace, sing it brother :)
MaxL82
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@Giorgioversace, AMEN !!!
MaxL82
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@IkemenJ,
I think during next bull run coins like BTC and LTC will be able to maintain its value much better compared to shitcoins.
As well I wouldn't be surprise to see LTC as the best performer in this market for the next 2 years.
IkemenJ
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@MaxL82, Well, thanks to everyone for the replies. I bought some in the 20S and sold at about $40 and never looked backed because I was looking at other projects. Maybe I'll give ltc another look!