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Charlielee

LITECOIN BITCOIN (BEST-CASE)Like Bitcoin, CRYPTOCAP:LTC is first and foremost a digital currency that can be exchanged peer-to-peer, untrusted and securely, very quickly and at minimal cost. The modifications made to the Bitcoin blockchain to give rise to Litecoin’s blockchain required only minor efforts in terms of IT development, as most of the innovation came from Bitcoin. Nevertheless, Litecoin’s strength lies in the fact that these changes are few but significant: A ”proof of work” that uses the Scrypt hash function rather than SHA-256 for Bitcoin Block creation four times faster, with an average interval of 2.5 minutes instead of 10 minutes Total number of units four times greater, with 84 million instead of 21 million Mining difficulty changes every two and a half days instead of every two weeks On the other hand, as with Bitcoin, the issuance of new litecoins is halved every 4 years (halving): since August 2019, miners have received 12.5 litecoins as a reward for each block validated.
Long
by maxty
Litecoin's historical pattern & Fib logA few weeks back I made a chart on Litecoin named "Litecoin and it's historical patterns" linked in this chart down bellow. This is literally the same exact chart but I've added the "LTC Log Curves based on Fibonacci math sequence. Look at how good it's fit on the original analysis! On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is based on but I do believe it's on chain information. I have added to this indicator a support level (buy area) and a Litecoin hyper level that is above the yellow line and heavy profit taking area. As we can see it's not there very long, so when it is take advantage of it. Back the log curves, assuming LTC stays within a this growth channel and doesn't break below the green area, we can reasonably say that eventually LTC will hit the top of this curve (red area) again one day in the future. That area if hit sits at a possible 2500 LTC in 2025 to 2026. You have to keep in mind that it might never hit the top of the channel ever again, there is no guarantee of it. By combining both of these indicators one could find a very good sell area and take profits in the future and then re apply it to rebuy again after that. This is not a prediction or a buy recommendation by no means. It's a simple observation using specifically designed indicators. Thanks for looking & leave a comment on what you see down below WeAreSat0shi Stay Blessed!
KRAKEN:LTCUSDLong
by WeAreSat0shi
13
LTC - My long-term safe tradeHead and shoulders complete - The dip post head and shoulders has now also played out, while LTC is currently in a prolonged consolidation phase, the refusal to dip below the key support levels does lend some bullish sentiment for the long term. Bullish Case: If LTC continues to hold above the strong support level and begins to break above key resistance levels, particularly around $70-$100, it could indicate the start of a new bullish trend. News: There's significant optimism due to a substantial increase in daily transactions, which have surged by 500% in 2024. This growth is largely driven by increased whale activity, signaling strong interest from large investors. Charlie Lee Announces Expansion Into Banking Services - The highlight of this expansion is Litecoin’s integration into the banking app of Banco Bilbao Vizcaya Argentaria (BBVA), a major global financial institution. This partnership allows users to purchase LTC directly through the BBVA app. The integration is a significant step towards bridging the gap between traditional banking and cryptocurrencies. Overall strong bullish sentiment for an overwhelmingly under-valued coin.
Long
by BeTeCee
Could LITECOIN #LTC do a 100X versus #HEXRichard Heart used to mercilessly make fun of Charlie Lee, #Litecoin and it's holders But we see a clear inverse Head and Shoulders in the making. How could we see this massive divergence of fortunes occur. I have touched on this a couple of times. There are only a handful of legitimate Proof of Work coins left in the top 100. BTC, LTC, XMR being the top 3 right. All 3 have the Lindy affect of being in existence multiple crypto cycles. BTC and LTC are most definitely going to be traded on a Nasdaq digital exchange when that is created. XMR due to its privacy functionality will likely not be listed. So a Four figure Litecoin and a Hex price that flounders, here along the bottom, maybe further dropping a 50-100% and we can hit this ratio quite easily. Best of Luck on your speculations.
BITSTAMP:LTCUSDLong
by BallaJi
13
Litecoin and it's historical patternsLitecoin on the two weeks has already secretly started building momentum as shown by the STOCHASTIC RSI on the very bottom. This move should carry it up into the yellow box to consolidate until it does it's final break out to new highs. Once the fifty dollar price point leaves it will most likely be gone fore ever. It's new should be around one hundred dollars. Litecoin facts. 1 The mimble wimble addition has added privacy to Litecoin 2 Litecoin is the longest running chain without interruptions and has actually never been down 3 Litecoin will undergo its third halving on the 14th of July 2023 and will go to 6.25 block rewards which as rare as Bitcoin until bitcoins next halving in 2024 This is not financial advice.
KRAKEN:LTCUSDLong
by WeAreSat0shi
5
Litecoin (CRYPTO: $LTC) Likely To See New All-Time Highs 💯💯💯What Is Litecoin (LTC)? Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments. Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence. The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight. Who Are the Founders of Litecoin? Litecoin was founded by Charlie Lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry. Charlie Lee, also known as “Chocobo,” is an early Bitcoin miner and computer scientist, who was a former software engineer for Google. In addition, Charlie Lee held the role of director of engineering at Coinbase between 2015 and 2017 before moving on to other ventures. Today, Charlie Lee is an outspoken advocate of cryptocurrencies and is the managing director of the Litecoin Foundation—a non-profit organization that works alongside the Litecoin Core Development team to help advance Litecoin. Besides Lee, the Litecoin Foundation also includes three other individuals on the board of directors: Xinxi Wang, Alan Austin and Zing Yang — all of which are accomplished in their own right. What Makes Litecoin Unique? Behind Bitcoin, Litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits. As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe. Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support. In late 2020, Litecoin also saw the release of the MimbleWimble (MW) testnet, which is used to test Mimblewimble-based confidential transactions on Litecoin. Once this feature is available on the mainnet, Litecoin users will also benefit from greatly enhanced privacy and fungibility.
BITFINEX:LTCUSDLong
by Bullishcharts
2
Litecoin, small brother of bitcoin.Litecoin - this project is based on low-fee and fast transaction. This was an good idea in 2017 but not now. LTC is not really dead, but in this bull market we have more interesting thing. So this is the reason why is ltc to slow.. Anyway, if you are trader, you will see that ltc is little bit going up on chart with BTC. Now is above strong strong level 180 USD and above POC - around 130USD. Potential target is 230 - 294 - 320 - moon. Hard to say how strong litecoin will be. But we saw nice bullrally on EOS, so maybe LTC will follow. Use for this trade small position, bcs it is very risky, but with good RRR.
Long
by UltimateCryptoTrader
Litecoin: A story of boring accumulation Litecoin has by far been one of the worst coins this year. I am 100% sure that this will melt faces once this goes off, but not before it has eliminated everyone who lost patience with it. As you can see ever since the crash of March, Litecoin was the first to recover in the following few days which shows that there was more panic and investors jumped first to get hands on dirt cheap Litecoin. Ever since, we have just been juggling inside that Green Accumulation box. As I see it, any price within this box is golden, and once we break out of it we should eventually visit three targets: $64, $80 and $108. This represents fair value to me. Then we should see another round of boring accumulation or distribution which would enable us to judge what to do with our investment.
BITFINEX:LTCUSDLong
by TheDigitalStonks
ridethepig | LTC Market Commentary 2020.01.31LTC clearly outperforming and taking the spotlight with the cross briefly trading above $70. A serious early contender for "Trade of the Year" after we rallied +70% from the lows. In any case, I am happy with the first targets at 64.xx, but ahead of the weekend, I would be surprised to see much further downside. On the day, support will be found at 62.5x with resistance at 70.0x. The correctness of my evaluation is validated by the course of BTC in the moves. For those wanting to track the flows: Good luck all those buying dips in LTC and BTC. As usual thanks for keeping your support coming with likes, comments, and etc!
COINBASE:LTCUSDLong
by ridethepig