Litecoin is two years behind Bitcoin in both price and adoption.
Litecoin was able to hold onto it's humble gains with
much lower volatility during it's 2nd & 3rd phases than
it has been able to during this current phase.
This steady downtrend Litecoin appears to be undergoing
is most similar to that experienced during it's 1st phase.
I would not be surprised to soon see a repeat of the large
volatile moves marking the middle of the 1st phase.
This volatility could present a careful investor with ample
opportunity to position themselves for the next major
move upwards in Litecoin's growth.
much lower volatility during it's 2nd & 3rd phases than
it has been able to during this current phase.
This steady downtrend Litecoin appears to be undergoing
is most similar to that experienced during it's 1st phase.
I would not be surprised to soon see a repeat of the large
volatile moves marking the middle of the 1st phase.
This volatility could present a careful investor with ample
opportunity to position themselves for the next major
move upwards in Litecoin's growth.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.