LTC broke a short term resistance and a long term resistance that was previously support into the all time high. LTC has yet to print a new high like BTC and ETH. The value of LTC as compared to LTC/BTC and LTC/ETH show upside potential of $1200 once LTC starts making a move on the all time high.
Note
Just broke more upper resistance points today. $380 and $420 are the next significant levels that need to clear for new all time time. $420 being the all time high when, well if you have been following LTC you know, someone sold causing a lasting depreciation of LTC to BTC. LTC was a fork of BTC with a supply limit of 84 million. BTC supply limit is 21 million.
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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.