LitecoinLong
LTC Conversion from Mid Tier Coin -> to Top Tier Coin
Guys, I updated my analysis only twenty hours ago. Now here's another update.
From the original post:
"Through chart analysis and the undervaluation of Litecoin in relation to alternative cryptocurrencies, these two factors contribute to the nearing beginning of Litecoin's capture of the cryptocurrency market share. We are nearing the breaking point of a true LTC 0.88% bull market, with only a few resistance points to break through. Litecoin's primary activation of Segwit and Lightning Transactions paired with its relative cheap transfer fees and "simply, stable currency" reputation, we will see the unraveling of its "stable" reputation in the near future. Beneficially. For longs."
Now, twenty hours later, we're nearing that Rocket Launcher Activation Signal Line. Those of you that aren't in yet, I highly suggest you get in in the next few hours. We may see a downswing or an upswing here and there, but ultimately, in a few days, the bullish sentiment instilled in Litecoin will carry the price upwards. Litecoin has long been following the steps of Bitcoin as a lower tier coin. Recently, in the past few months that we've seen in the Great Cryptocurrency "Mooning" of 2017, Litecoin has slowly been breaking through the chains of bitcoin. Litecoin does still follow trends in bitcoin (BTC down, LTC down), but we have seen zones of stability with Litecoin such as during the Cryptocurrency dip in mid-late summer. Bitcoin dipped while Litecoin comparatively held much more value than Bitcoin. Litecoin is converting more and more HODLers as more and more people realize the "undervaluation" of Litecoin in relation to other cryptocurrencies. I say in relation to other cryptocurrencies, because the true value of Litecoin is unknown, and that is the same for Bitcoin and all other cryptocurrencies too. This value can only be found through real world use. We may however, see indicators of true value.. I found myself praising Litecoin strictly economically a few days ago when I needed to transfer some value to a fellow trader. I did not in fact use Bitcoin because Litecoin provided a much better value economically. The fees were only a few cents where bitcoin would charge me a couple dollars. That was when I realized that Litecoin was "undervalued." I used Litecoin because it made sense. It's cheap. That's when Litecoin converted me into a HODLer.
The inevitable rise ofLitecoin's price, popularity, and market cap thus will soon convert Litecoin from a "Mid Tier Coin" to the "Top Tier Coins." These top tier coins include Bitcoin and Ethereum. Litecoin is not fully a Mid Tier coin, but is also not fully a Top tier coin. Soon we will see the scales tipping for Litecoin to become a top tier coin.
Soon, the Rocket Launcher Activation Signal Line shall be surpassed.
The time has come.
From the original post:
"Through chart analysis and the undervaluation of Litecoin in relation to alternative cryptocurrencies, these two factors contribute to the nearing beginning of Litecoin's capture of the cryptocurrency market share. We are nearing the breaking point of a true LTC 0.88% bull market, with only a few resistance points to break through. Litecoin's primary activation of Segwit and Lightning Transactions paired with its relative cheap transfer fees and "simply, stable currency" reputation, we will see the unraveling of its "stable" reputation in the near future. Beneficially. For longs."
Now, twenty hours later, we're nearing that Rocket Launcher Activation Signal Line. Those of you that aren't in yet, I highly suggest you get in in the next few hours. We may see a downswing or an upswing here and there, but ultimately, in a few days, the bullish sentiment instilled in Litecoin will carry the price upwards. Litecoin has long been following the steps of Bitcoin as a lower tier coin. Recently, in the past few months that we've seen in the Great Cryptocurrency "Mooning" of 2017, Litecoin has slowly been breaking through the chains of bitcoin. Litecoin does still follow trends in bitcoin (BTC down, LTC down), but we have seen zones of stability with Litecoin such as during the Cryptocurrency dip in mid-late summer. Bitcoin dipped while Litecoin comparatively held much more value than Bitcoin. Litecoin is converting more and more HODLers as more and more people realize the "undervaluation" of Litecoin in relation to other cryptocurrencies. I say in relation to other cryptocurrencies, because the true value of Litecoin is unknown, and that is the same for Bitcoin and all other cryptocurrencies too. This value can only be found through real world use. We may however, see indicators of true value.. I found myself praising Litecoin strictly economically a few days ago when I needed to transfer some value to a fellow trader. I did not in fact use Bitcoin because Litecoin provided a much better value economically. The fees were only a few cents where bitcoin would charge me a couple dollars. That was when I realized that Litecoin was "undervalued." I used Litecoin because it made sense. It's cheap. That's when Litecoin converted me into a HODLer.
The inevitable rise of
Litecoin's price, popularity, and market cap thus will soon convert Litecoin from a "Mid Tier Coin" to the "Top Tier Coins." These top tier coins include Bitcoin and Ethereum. Litecoin is not fully a Mid Tier coin, but is also not fully a Top tier coin. Soon we will see the scales tipping for Litecoin to become a top tier coin.Soon, the Rocket Launcher Activation Signal Line shall be surpassed.
The time has come.
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