latticephreak
PremiumWith the LTC halving on the very near horizon (August), there may be limited time for it and other altcoins to post a profit on their relative increase in USD value to the BTC/USD pairing. Presented here is a prediction of sorts. Because it opines more about wishful thinking about how the market should behave -- for the good of altcoins everywhere, obviously --...
A lot of recent talk has turned around on a massive resistance thought to be just ahead for BTC. Bullish sentiment sees this resistance level as eminently surmountable, yet, as altcoins slump and quiver in BTC's dominance, hovering somewhere near 56 per cent of the market, what the market may signal is the desire for a short term correction. Saying this, however,...
Two paths here for one cup handle, to complete the cup and handle formation/pattern. No doubt this has been looked at before, however, at this critical moment, as it relates to the cogent analysis for BTC by TradingShot linked to below, a similar MA200 cross for LTC is in process and will likely to need to be defended to turn the small upswing ripple now on...
Looking first to the left on this daily extending back, there isn't much left to the imagination on the left side. The real question is whether a higher low here will signal a breakout above the wedge. Whether this happens may depend on how much truth there is in the BTC parabola. It's not shown here, but if memory serves, if we range from this point for a couple...
In light of questions about BNB's successful chain adoption and conversion of coin on the chain from the Etherum standard to the new BNB specification, one might wonder whether LTC might not be the entity which ultimately finds purpose by helping to fund TRON's stated ambition as a dApps provider to dominate ETH. Time will tell, but it looks here in the chart as...
In use, there are a lot of good reasons to want altcoins to maintain very separate valuations from Bitcoin. During the latest upswing from the 5,200-5,300 range to 5,500 LTC showed persistent fiat price stability, shedding BTC value in concert with that coin’s increase, hovering at around 77-80USD. But this lever of price stability seems more a pairing with murk...
BNB/BTC stickiness might be something to watch for in the future, but as BTC bulls rally on to 5,700 resistance before a 6,000 breakout, Binance yet lacks the heft to overtake Bitcoin as influencer. On cursory analysis, BNB appears to be entering a short period of ranging, but whether this actually happens may depend largely on BTC's continued effect on the...