Master LTCBTC Network Value Model

2022年12月9日

The Master LTCBTC Network Value Model takes the following 6 network values for Litecoin. It compares them to Bitcoin's network values to determine a "fair" value based on Litecoin's network usage compared to Bitcoin's.

Please apply on an LTCBTC chart. Use Black Background to view.

This also includes an average of the 6 network metrics and is colored white with a slightly large line width.

New Addresses
Total Addresses
Active Addresses
Total Volume USD
Transaction Count
# of Retail

2024年12月6日

版本注释

Master Litecoin Network Value Model (Best)
The Master Litecoin Network Value Model Best script, developed by masterbtcltc, is a comprehensive tool that evaluates Litecoin's intrinsic value relative to Bitcoin. By analyzing on-chain and market data, this indicator provides valuable insights into network activity, adoption, and valuation for the LTCBTC trading pair.

Key Features
Network Metrics

NewAddressValueModel: Tracks the ratio of new Litecoin addresses to Bitcoin addresses.
TotalAddressValueModel: Compares total addresses between the two networks.
Transaction & Volume Analysis

TXValueModel: Tracks transaction activity ratios.
VolumeValueModel & VolumeUSDValueModel: Compare transaction volumes in native units and USD.
Adoption Metrics

ActiveValueModel: Measures active address ratios.
RetailValueModel: Indicates retail adoption strength in Litecoin.
Blockchain Data

BlockValueModel: Compares total block sizes.
NonZeroModel: Evaluates addresses with non-zero balances.
HodlerModel: Examines long-term holder ratios.
Averaged Insights

AverageValueModel: Aggregates all metrics for a comprehensive network valuation view.
MultipleLTC: Highlights Litecoin’s potential relative to its market price.
Visual Design
Blue Theme: Network value metrics are plotted in blue (line thickness 4, 25% transparency).
Price Plot: Litecoin’s price is displayed in yellow (line thickness 2, no transparency) for clear differentiation.
Usage Instructions
This indicator is designed for use with the LTCBTC pair.
Plot it on VANTAGE:LTCUSD/INDEX:BTCUSD to ensure proper alignment with the data sources and optimal performance.
Use Cases
This script is ideal for:

Identifying trends in the LTCBTC market.
Detecting periods of undervaluation or overvaluation.
Gaining insights into Litecoin’s network fundamentals relative to Bitcoin.
Disclaimer
This open-source script is for educational purposes only and does not constitute financial advice. Explore, modify, and share it to deepen your understanding of Litecoin's valuation dynamics!

1月30日

版本注释

signal

8月31日

版本注释

INTOTHEBLOCK data source was delisted...