The LTC/BTC chart currently looks weak, but there’s still a glimmer of hope. The channel may act as support, potentially enabling a trend reversal. For this to happen, we’d need to see swift, decisive moves with large candles—a pattern Litecoin has historically demonstrated it can achieve.
If the trend reverses, the Fibonacci levels at 0.0128 and 0.0268 could be...
Last year, the LTC/USD 6-month chart was unable to break out of the triangle formation, but this scenario could change over the next six months. If Litecoin breaks out of the triangle, we would likely need to test the previous all-time high (ATH) levels around $420. Beyond that, the next significant Fibonacci levels are at $680, $1,090, $1,520, and $1,800.
The...
Litecoin: From Memecoin Buzz to Real Value 🚀
Recently, Litecoin made waves on X (formerly Twitter) by cheekily branding itself a “memecoin,” sparking a surge of attention. But let’s not forget: Litecoin is far more than a meme, and the fundamentals suggest significant upside potential. Here’s why the LTC/BTC ratio could skyrocket:
Bullish Narratives:
1️⃣ High...
What we are seeing is an oversold Litecoin/Bitcoin ratio, which we can see from the RSI and its bullish divergence. The upside potential is highly dependent on how Litecoin performs in the coming weeks. Now its time to HODL and chill.
