Litecoin at $220 reminds me of Bitcoin at $12,000...
On Balance Volume is showing evidence that institutional money is flowing into Litecoin.
Litecoin's current On Balance Volume at $220-ish is at higher levels than when its price was at its all-time high of $420-ish. (This is similar to when Bitcoin was at $12,000 in Oct 2020.)
On Balance Volume is showing evidence that institutional money is flowing into Litecoin.
Litecoin's current On Balance Volume at $220-ish is at higher levels than when its price was at its all-time high of $420-ish. (This is similar to when Bitcoin was at $12,000 in Oct 2020.)
Note
Notice the similarities in the On Balance Volume when Bitcoin was somewhere around the $12,000 to $13,000 range...
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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.