Updated TA on #Litecoin
$LTC stuck with a case of sideways fever.
Sideways outlook straight to 2027. Will re-evaluate then.
Thank you for your attention to this matter 🤝.
@davidgokhshtein This has to be a post about LTC and LitVM without saying it's about LTC and LitVM. They are both building a better Crypto future for the good of all.
Stop using market cap as your entire thesis.
That number doesn’t tell you if the project is actually building anything, if people care, if the team is active, or if there’s a real community behind it.
Ask better questions.
What are they building?
Why does it matter?
Who is it for?
Is anyone actually using it?
Does the community show up when the chart isn’t green?
Can people explain it without sounding clueless?
This stuff isn’t hard to figure out anymore. We have more tools, more data, and more access than ever.
If you still can’t spot real opportunity in this market, stop blaming the market.
You’re just not paying attention.
@xwojak931@litecoin@YusufGemz There is a difference between not being used and not giving the return you want if you are an investor. They are two very different things. LTC is one of the top Cryptos used for it's given purpose.
What if Ethereum becomes the next Litecoin?
People stop caring. Volume dries up. It still exists but nobody talks about it.
It feels like we’re going to see that happen with Ethereum over the next few years if price doesn’t do something significant.
$LTC looks to be compressing after the dump — range is tight between support & resistance.
Bullish case: break & hold above $54.40 → targets $54.80–$55+
Bearish case: lose $53.80 support → possible retest of $53.30–$53.00
Watching for breakout confirmation.
@LitecoinTA I'm curious as to why should LTC have to wait for other for itself to do well? Do you not think LTC can increase it's price by increasing usage and with new developments that can draw in new investors who want to hold as well as use? Who does ETH have to rely on for it's pump?
People are far too paranoid about Litecoin price action.
Dominance is 61%. We haven’t had an alt season. Random shitcoins getting pumped by VCs and rich dudes are outliers and not a reflection of other coins “struggling”.
Alts pump when dominance drops significantly. Stop stressing.
@LitecoinTA I mean maybe you can see something that's not obvious to me but I wouldn't say LTC has been performing well lately? When do you see things changing then? Where do you see LTC in the next couple of months?
@LiteStrategy You can tell them it's widely accepted and easy to spend with optional privacy....but then you have to tell them they will likely loose money on it if they are holding for a return. I'm hoping one day that changes.
@DMinimilian@pncosta I mean so far we haven't done anything except bleed. Were even slowly drifting down the top 30 in marketcap. Need some good news and a change in market sentiment before anything happens with LTC.
People will soon realise no narratives are needed for $LTC to go up and all the people distracted with 1B supply garbage are being sent astray by VCs pumping their bags.
@LitecoinTA But doesn't that happen due to investors putting more money into Alts than BTC? What are the reasons they do that? Isn't it because they see either assets have better growth and utility or small enough market cap that they can influence price through buying or selling pressure?
@LitecoinTA Doesn't dominance drop by one crypto price dropping due to selling pressure and the other increasing in price due to buying pressure. Don't these things happen because buyers believe one will give them a better return over another? Anything that gets people buying is good right?
@LitecoinTA So you don't think ZEC has a better chance of a return over LTC this year anymore? It's depressing seeing LTC edge back down to mid 50's again. Perhaps Clarity Act and LitVM will be the catalyst to get LTC going?