Litecoin LTC Dominance Broke DowntrendSomething no one is talking about is the Litecoin market cap dominance. It broke out of the multi year falling channel and has remained above. That I think is quite bullish for Litecoin. The LTC/BTC pair has been in a downward falling wedge since the beginning and now has reached the apex. I thin
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About Market Cap LTC Dominance, %
Coin
One of the earliest altcoins, Litecoin found inspiration in the OG Bitcoin and its codebase, which helped it create a network with lower transaction fees and faster transaction confirmations, among other things. Some people call Litecoin the "silver to Bitcoin's gold", and developers themselves call the network and its native coin the future of money. Are they all being too dramatic, or is it really a case of "I think my love as rare as any she belied with false compare"? You can decide yourself by looking at our chart — it displays LTC dominance, the ratio of its market cap to the overall crypto market cap. Watching how it changed over time might give an idea of what will happen next.
LTC.D - Litecoin Dominance Goes WildLitecoin dominance was in a degenerative state since 2019. A strong reversal move has emerged with a 70% gain in a very short time. This is unusual for a dominance chart.
The bars pattern placed just is a punt showing a recovery of the highs of dominance for LTC.
Litecoin is a great long choice bas
LTCUSD - Buying LTC into OctoberOctober in the past has been seen as a short term bullish period for LTCUSD
LTC right now is entering its October state and has formed a sharp bullflag like structure
This could be the time for a breakout on relevant time scale similar to that seen in these prior years
Interesting
Litecoin Dominance Time-Based FibonacciHey Traders,
As you can see, the Litecoin Dominance Spikes are primarily found using the normal 0.236, 0.382, 0.5, 0.618, 0.786, and 1 levels. Based on this, we can expect the next run-up for Litecoin to be July 13th! Dominance will 100% keep falling until then but yeah, the peak will probably be w
LTC.D - The fall and rise of Litecoin Dominance.LTC was develpped in October 2011 by Charlie Lee. It has since fallen from being a top 5 market cap coin to 12th.
Even though this coin has been in a dominance downtrend for the last 5+ years, its fundamental tech has continued to improve, due to the severe lack of news surrounding this coin I tru
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Summarizing what the indicators are suggesting.
Oscillators
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Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.