Overall ETH has been performing better than LTC for a very long period. A longer period of data has been used in this chart than previous ones. The ratio is expected to continue to go lower for the short term until +- beginning of Q2 i.e. ETH performance will be better than LTC, however, we are quickly approaching a 6-year long term support zone of LTC/ETH. ...
Since 1.5 year, ETH has been outperforming LTC. From 0.57 ETH, LTC is now valuing 0.11 ETH. In this period, ETH went from 240$ (June 2019) and 1870$ (today). 780% growth. On LTC side, we went from 120$ (June 2019) to 220$ (today). ONLY 83% growth. Greyscale is now charging a 1500% premium to buy LTC from them. We can see the Chikun is getting ready. For that...
LTC looks to break out soon. I think ETH pumps as well I just think that LTC is going to pump harder. Hard to deny the clear Adam and Eve bottom here
As previous analysis, LTC rises smoothly. LTC in an important area now. 230$.. This AREA is a monthly resistance If the bulls recapture the 230$ area, bears will receive a rekt and submit their resume to McDonald's. And the chart says can follow this post.As long as the parabola supports the LTC will rise rapidly. Previous Analysis
I see symmetrical triangle on weekly chart. If the price rise above $65 and stay, then it will reach $120 very quickly. Follow the break of $65 barrier and jump the train.
They aren't direct competitors as they offer different features, but one is way pumped up and one is way dumped down! To quote the great Michael Scott, "How the turn tables... ..." www.youtube.com
Value vs. ETH has tanked...should have waited a couple of days to get a better exchange value, but I stand by my decision...Better to be holding things like BTC and ETH, though at times I can imagine myself holding LTC for a trade, and I have already done it once since selling long term holdings. Will probably do it again at some point, but only for a short duration.
Buying LTC near the lows of this range could be a great opportunity for anyone wishing to make more ETH. BTC topping out could be a catalyst for large gains in LTC vs. ETH as any retracement in BTC is likely to negatively affect ETH's USD value more than that of most altcoins. An ideal entry would be to buy a reclaim of the lows after capitulation.
No, I'm not telling you that LTC will outperform ETH, the chart is telling us that...I would be cautious about converting ETH to LTC myself, but it does mean that if this trend continues, those that have a few too many LTC might consider using this as a means of converting either to BTC or ETH, but maintaining a core position if they think that LTC has a future.
LTCETH is currently hitting big volumes of buy orders right now, so i expect a bull run any moment from now, don't miss this buy traders.
With silver getting ready to make a major move in the metal market, perhaps the silver of crypto LTC will catch some of that heat through out this year. Anyways I took a look at LTC / ETH and seems like a solid support area.
LTC would outperform ETH for many weeks.
Not sure how quick. Timing has never been my best skill. This is based on some experimental research I am working on atm, so be aware. Can't for that reason also not disclose much unfortunately. Basic TA so far using pretty recent levels from late November. Happy to read TA from others pointing at the same. Happy trading!
LTCETH Buy in the region of 0.137 - 0.132 1 - 0.1450 2 - 0.1545 3 - 0.1676 Stop, fixing below 0.129 ✅ f you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?
LTCUSD and LTCBTC and LTCETH all look like a great long entry.
It's at resistance. RSI showing bullish divergence.