How 2020 is going for LTC?

[Goyaa 2414]

At the start of the pandemic there was a decline in cryptocurrencies, but time has passed and cryptocurrencies have continued to increase and can go through difficult times. Some coins such as Bitcoin, ETH and BCH have experienced significant increases, especially ETH. But that hike didn't have much effect on the price of Litecoin, LTC starting at $ 80 in November. I think Litecoin this December will go up a lot.

[annayks 2314]

Litecoin is close to a no trade zone because anything can happen at $80. It seems that it can't pass $95 and made a possible double top indicating further losses. In fact it is only moving higher when Bitcoin is so I don't care a lot as Bitcoin gives better profit at better risk rate.

[percare 3192]

LTC wasn't doing good all year and only recently it has a breakout above $90 but was rejected before $100 and maybe won't make it again. If what I expect happens, Bitcoin will start rising for another two or three months until it reaches 70% of dominance again and altcoins will keep dropping.

[Frodler 943]

Many cryptocurrencies suffered a hard knock at the beginning of these year of which litecoin was one of them, But at the turn of the year, the recovery phase has been enormous. 

And with the current market movement 

We might se a $100/LTC probably by the beginning of next year! 

[Onden 2098]

I don't know why LTC has been so hard to pick up in the last few months, but now LTC prices are starting to recover little by little. Litecoin is a decentralized crypto and similar to Bitcoin, maybe if the price of bitcoin can reach a price of $ 20,000, the price of LTC will increase significantly. We'll just wait until the end of the year, whether LTC will surprise us or not.

[tienda 8776]

Yes at the start of this year 2020 because of Covid-19 the economy include cryptocurrencies suffered many falls. But in these last months the cryptocurrency market converted to green color, all oldest cryptocurrencies at the end of this year they will reach a price value historic without the doubt. And I think the in 4 or 3 weeks Litecoin or on December 31, 2020, the Litecoin will be around minimum 118 USD and maximum 135 USD.

[Sykkuno 2887]

Litecoin didn't do bad and I think it couldn't have done better either. It is still in the top ten and still some people are trying to create adoption terms but personally I don't see a reason to use Litecoin and I would prefer for my trades and use of crypto to own some XRP instead although perhaps not much of it either.

[mustafapalaa 20]

It started to rise towards the end of 2020, but towards the end it entered into a certain decline, I think 2021 will be a big year for ltc, according to my estimates, ltc, btc, eth will really make big gains

[setifien 1016]

Ltc is moving with the crypto market when it's positive, so it gains new prices, but when the market is down, it's less exposed to the downtrend, and this is a good characteristic of Litecoin currency

[mon1 258]

70 - 80 US dollar for litcoin is a pretty big success, i mean like you said the price was less than 50 us dollar i remember when i was about 43 us dollar so it increased double, i mean you don't have to compare it with bitcoin and etherum, you have to compare it with its pas price.

[Mridul Rahman 1058]

Ltc price is average now. It is more than 80$ . I was thinking then about this coin. Ltc is one of the famous currencies of crypto . Thus this coin gained every crypto traders trust. Crypto market is so volatile that we can't really say what happened to that coin. Maybe the affect of covid 19 was still on that coin. Maybe the trading volume of that coin decreased and wasn't overcoming .  But now no need to worry. Ltc has gained it's peak price. Hoping for more.

[Hndigital 1]

In 2020 there are many ups and down in LTC market chart but most of the points where the trader and holder get their profit at the the present time and and some people says this is the difficult here we expected from LTC by different categories like trading holding hope in next year it will give a good value that users expected from the previous year

[Jack07 316]

On 5/18/2020 at 3:18 PM, Jami273 said:

There was a time when we all thought that year 2020 would be a worst year for all crypto currency because when the disaster of COVID-19 was started,all the coin's price was decreased massively.But now we can see,most of the popular crypto coin has recovered that,their price is so good now.The price of BTC hit 10000$,ETH hits 210$,BCH hits 260$,XRP is having best time and the condition of other coin is also good.

 

But LTC is still lagged behind.It is still having very bad time.It's price didn't increased more than 50$ after the big fall when we know that it's average price is 70-80$.

 

So what do you think about this?What could be the reason of LTC's lagging behind?And will it able to recover soon?

 

Click💙 if you like it.

The prices of all cryptocurrencies, including Ltc, are currently rising.Previously all cryptocurrency prices were low but now they are slowly rising.That is why those who are currently trading are getting a lot of profit.

[AL SHAIMON 1293]

2020 was one of the best year for whole cryptocurrency market. Ltc did good in this year. The price of ltc was hit 186 dollars that year. Bitcoin hit 40k. Now the whole market at a pick point. I think market will goes up for one more time very soon.