Is Litecoin Set For An Explosive Breakout? | Here's What You Need To Know

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Comments

DataDash says:

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JarnoHealth says:

How much would this be in dollar value ? Also a 2/5x for litecoin??

Richard Crawford says:

Trying to understand this, using BTC to purchase LTC, vs. using USD to purchase LTC.

I see that on the BTCLTC chart, BTC currently buys more LTC than it ever has. Whereas, on the LTCUSD chart, LTC costs more than it ever has.

I suspect the reason for this favorability on the LTCBTC chart is due to the increase in the price of BTC over the last few months, which has changed the ratio.

If I take $500 and use it to buy on the LTCUSD chart, it will (at time of this writing) buy me about 2.3 LTC. If I (at the time of this writing) take the equivalent amount of $500 in BTC (~0.008900 BTC) and use it to purchase LTC, I would get about 2.31 LTC.

Looking at LTCUSD and LTCBTC charts side-by-side to see differences, it seems they go up and down together, except that over the last few months the big increase in BTC price has given it a better ratio on the LTCBTC chart?

I am honestly trying to understand, but I do not see the advantage of using BTC instead of USD to buy LTC. Thanks for any input you can offer!

TSumersberger says:

looks similar to Eos at the moment. Could you have a look at it as well?

The Grappling Monkey says:

What tool is he using to do his analysis?

tunafish says:

I sold all my Litecoin to you suckers after holding since 2018

Siddhant Sinha says:

why does the chart look a bit different when I use binance instead of bittrex? which should I rely on in general in such cases? thanks in advance

Dave On Chain says:

Absolutely excellent talk Nick and love the macro analysis. Cheers a lot!

D A says:

Naw Ltc sucks

KB 24 says:

2,000 LTC @ $190 price avg. I believe it’ll peak at 2% of BTC’s ATH this year. $4,000 here we come 💎🤲🏼

genericwannabe says:

Glad to see you mention LTC, you're right that this play has been building up for years now and many people are making a bet that is oscillating behavior will continue upwards in the near future.

Brucefish100 says:

Will it go down into the red before this happens so I can buy more?

Tanwinder Sidhu says:

Great Litecoin video!👌👌

Atapene says:

LTC please, dead

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