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RE: LiteCoin Back Tests $34 Breakout Level

in #litecoin7 years ago

I agree...a very underrated coin. People loved to say LTC was dead and served no purpose when the price was low. Once more people realize the potential of LTC it will cruise past $50. Here's to the "silver" to BTC's "gold."

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It's funny that #litecoin now serves a much better purpose than #bitcoin haha

I'm impressed by the fact that the founder of #litecoin, Charlie Lee, is actively engaged with the public as far as the latest updates/happenings are concerned. He maintains a fairly up to date Twitter account and has nearly 50K followers there so far.

It has definitely made a comeback this year with the spike in the overall #crypto markets and it will be interesting to see if its recent gains are upheld and whether it manages to continue higher. I do think it is a positive sign that it has trended higher in a relatively gradual manner since breaking into the double digits, with healthy pullbacks to allow for accumulation and distribution. $50 is the key figure to watch on the upside.

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