litecoin is one of the oldest and prbbly of the undervalued coins in the market.
Litecoin currently has a market value of $ 3.3 billion versus $ 120 billion for Bitcoin. 4x more supply , 4x faster block confirmation, easier to implement new tech.( lightening network and atomic swaps.)
The BTC / LTC ratio started at 0.005 early this year and is currently 0.008 while we have already seen a peak of 0.02. In the past there were even peaks of up to 0.03 and 0.04.
If we accept 1 to 4 ratio , Litecoin should rise above $ 1,750 for a price above $ 7,000 for Bitcoin.
If the BTC / LTC ratio rises to 0.02 something that was normal in the early days, this means an increase of $ 140.
Based on these points, you could say that Litecoin is undervalued at the moment. its a matter of time when ltc might be the fomo machine of the year.
Litecoin currently has a market value of $ 3.3 billion versus $ 120 billion for Bitcoin. 4x more supply , 4x faster block confirmation, easier to implement new tech.( lightening network and atomic swaps.)
The BTC / LTC ratio started at 0.005 early this year and is currently 0.008 while we have already seen a peak of 0.02. In the past there were even peaks of up to 0.03 and 0.04.
If we accept 1 to 4 ratio , Litecoin should rise above $ 1,750 for a price above $ 7,000 for Bitcoin.
If the BTC / LTC ratio rises to 0.02 something that was normal in the early days, this means an increase of $ 140.
Based on these points, you could say that Litecoin is undervalued at the moment. its a matter of time when ltc might be the fomo machine of the year.
Ghi chú
4hour chart pennant its prbbly on the way for a bounceGhi chú
breakout.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.