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!