CryptoCanary06

LTO Network Longterm Chart

Long
BINANCE:LTOBTC   LTO / Bitcoin
LTO Network is picking up some pace since the lows (BTCValue) of last months (which had to do with the ATH of Bitcoin ).

Volume is picking up, RSI looks good and MACD crossover is bullish as well.

Fundamental wise its attracting a lot of new investors and I expect LTO Network to break its previous ATH in Bitcoin value (Sat.)

*There is also a bullish triangle ongoing at the moment which can be spotted easily at the lower timeframes (1H or 4H charts) .

Lets see and review this chart over a few weeks again.

Comments

I fully agree... The FA on LTO is incredible. It is one of the top 10 USED blockchains out there. The United Nations has decided to use it! The UN's integrator node is going live on it this month starting with doing the land registry for the government of Afghanistan. India and more will follow. Many other use cases considered by UN. This is a GEM. LINK II in the making. The LTO company has acquired VIDT for a front end solution to document verification. Talking of which... LTO is building to serve as a DID oracle for Chainlink. This will allow institutions to onboard Chainlink effectively. This should be completed Q3 this year. Please see the Litepaper on this and more here: https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/
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