LitecoinLong
Waiting for a Litecoin (and all alts) bounce
Altcoins will bounce. They bounced with BTC in mid-February and in April. They have stayed stagnant during the most recent bounce. I believe this is because there is a larger accumulation effort going on, and this means the bounce will last a little bit longer. New capital has entered the market through BTC, which gained 48% going from $5750 to $8490. None has trickled down to alts, yet.
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.