Litecoin differs from Bitcoin in its prioritization of transaction confirmation speed, which is about minutes per block. However, Litecoin users may have to wait up to around 30 minutes for their transaction to be processed due to network congestion. LTCBTC has been historically on the decline. Ever since LTC was created, it kept falling behind. At first it was the number 2 coin after bitcoin in marketcap, but it has been replaced by other coins. And since LTC unfortunately does not have very unique features, I think this trend will. Trading LTC to BTC. The LTC to BTC is quite an attractive pair for traders as it is composed of highly popular cryptocurrencies and has the potential to offer a higher number of trading signals. During a day the Litecoin to BTC might move sideways with major breakdowns and fluctuation of more than 3 per cent.
Bitcoin ltc tradingLitecoin to Bitcoin - LTC to BTC chart | cryptocoin365.de
If the market does give another opportunity to buy around those yellow horizontal lines, then it will probably be vigorously bought. Litecoin has remained stable despite Bitcoin and other alternative currency corrections in the past few weeks. Another leg up is seeming to be the most probable outcome in the next few weeks. Target: 0. Green line is weekly downtrend and yellow is daily downtrend All details are in the chart Not financial advice, just a posibility to keep in mind. Trading suggestion:.
There is a possibility of temporary retracement to suggested support line 0. Technical analysis:. I've published the very same pattern back in December when the previous Bear Market was at its lows and while everyone was panicking, called for a potential Bottom on Bitcoin and a Bull Run to follow.
Simply because of the Litecoin break-out relative to BTC. During your entire lifetime, you will encounter trades like that. Trying to time it is a waste of time. Better to be too early than 1 day to late with this type of volatility.
Trade at your own risk! Im long! LTC whale planted S? Libertas Aequitas Veritas. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied.
Sell 0. What is Bitcoin? Although the name Satoshi Nakamoto is associated with the invention of Bitcoin, in reality, the creator or creators of Bitcoin is unknown. Losing your crypto wallet private key most likely means that you can no longer access your Bitcoins, they are lost forever. So, find a safe way to keep your private key. The Bitcoin supply is limited to 21 million coins. In some stores, you can use Bitcoins to buy food and drinks, video games, flights and even property directly.
Later on, 10, Bitcoins were worth tens of million dollars. Which factors affect Bitcoin value? What is Litecoin? Litecoin supply has been fixed and there will be a maximum of 84 million Litecoins in circulation; Litecoin halving occurs approximately every four years or more precisely, the halving is performed after the completion of , blocks.
Litecoin is in the top 10 cryptocurrencies in terms of market capitalisation. Which factors affect Litecoin value? Also, the Litecoin value may be under the influence of the following factors: Future developments, upgrades and technological improvements of the Litecoin protocols and other relevant technology behind Litecoin may have a positive effect on its price, as it was the case in the past. Expectations about the next Litecoin halving may also influence the value of this cryptocurrency.
Technological advantage over other cryptocurrencies, especially Bitcoin. Number of miners along with the mining costs Litecoin related sentiment Speculative trading related to Litecoin Merchant adoption of payments with Litecoin Negative news and announcements associated with Litecoin The movement in Bitcoin price.
However, traders should be careful as there may be exceptions from the tendency. Crypto to cash. Seamlessly Fund your account and withdraw fiat with your credit card, bank transfer or a crypto wallet. Do more with less Stop paying more to trade LTC. Smooth trading experience Instantly buy tokenised assets with Litecoin and at competitive prices. Negative balance protection Manage your risk with guaranteed stop-loss and take-profit orders. Market news. Apple Inc.
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