Only a matter of time until we break the 8/1 line and go for a new all time high, that line is creeping up on us. The LTC/USD day chart is one of the most healthy trading charts in the entire market. It goes up consolidates, builds support, and then moves up and repeats. This type of healthy long term price movement is observed only in the strongest markets. LTC has been going for higher highs, and higher lows every month. You can check the month chart. If you are looking to enter I recommend patience and buying near the bottom dashed lines.
Keep in mind that LTC has stronger fundamentals compared to most altcoins. It is technology that has been proven and tested, it is 8 years old, it is just as secure as Bitcoin because Litecoin has never been hacked, and once layer 2 is complete; layer 3 decentralized apps are likely going to run on it. That means we can have decentralized assets on the Litecoin network just like ETH; these assets and applications mean added value to the decentralized network. So in the next 1-3 years expect at least another 1000+ % increase. That is assuming you are willing to play the long game. Patience will pay bigly.
If you are curious about layer 2: www.youtube.com/watch?v=3PcR4HWJ...
Keep in mind that LTC has stronger fundamentals compared to most altcoins. It is technology that has been proven and tested, it is 8 years old, it is just as secure as Bitcoin because Litecoin has never been hacked, and once layer 2 is complete; layer 3 decentralized apps are likely going to run on it. That means we can have decentralized assets on the Litecoin network just like ETH; these assets and applications mean added value to the decentralized network. So in the next 1-3 years expect at least another 1000+ % increase. That is assuming you are willing to play the long game. Patience will pay bigly.
If you are curious about layer 2: www.youtube.com/watch?v=3PcR4HWJ...
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Almost there.
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Here we go
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