BertGroffman

LTC - bottoms in?

Long
BITFINEX:LTCUSD   Litecoin
Weekly rsi reached the lowest levels in history, bottom of long term log channel, looks a lot to me like total active wallets is going to go up more than price will go down. Unlike most coins ltc maintained a higher low in the march 2020 crash and made a higher high, barely but it did. Ltc looks to be bottoming on the btc pair as well. Litecoin has been forgotten about, the market cap is down and even doge (which is merge mined on top of ltc i.e. its an airdrop for ltc miners) mcap is way higher which is just market insanity because doge cant exist without the security of ltc mining. Also LTC is older than eth and all it forks, no premine, zero seconds of downtime, transactions basically free and instant.
LTC also just launched mweb for confidentialish transactions, so you can download an ltc core wallet and get some mweb ltc
I think ltc is the most undervalued crypto and its looking like we will see some major divergences in crypto performance over the next few months, i bet on chikun to arise
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